Powerful Financial Wellness Benefit Gives Employees the Power and Choice Over Their Earned Pay
Ridley’s Family Market (Ridley’s), a family-owned chain of grocery stores in the Intermountain West, today announced its partnership with DailyPay – the leading provider of on-demand pay. Ridley’s is among the latest grocer to implement the on-demand pay benefit.
Headquartered in Twin Falls, Idaho, Ridley’s operates 29 supermarkets across Idaho, Utah, Nevada, Wyoming and Colorado. With DailyPay, its employees have access to their pay as they earn it and can pay bills, spend, save or invest on their own schedule.
“As a family-owned company, Ridley’s is always looking for opportunities to improve the benefits we offer our team that work so hard to make the company successful, said Anita Ridley, Founder of Ridley’s Family Markets. “Being able to give everyone on our team access to their earned wages quickly and on the terms that work best for them fits in perfectly with our philosophy of putting our team members first.”
Companies leveraging DailyPay as part of a financial wellness benefits package are able to retain employees 73% longer, according to a study commissioned by DailyPay. In fact, a survey conducted by DailyPay indicates that 78% of DailyPay users say they are avoiding late fees, 74% say their financial stress is reduced and 59% say DailyPay motivates them to go to work.
Ridley’s Family Market
Ridley’s Family Markets is a team of over 2,000 dedicated people who operate supermarkets, hardware stores, and pharmacies throughout Colorado, Idaho, Nevada, Utah and Wyoming.
DailyPay, Inc., powered by its industry-leading technology platform, is on a mission to build a new financial system. Partnering with some of America's best-in-class employers, including Dollar Tree and Adecco, DailyPay is the recognized gold standard in on-demand pay. Through its massive data network, proprietary funding model, and connections into over 6,000 endpoints in the banking system, DailyPay works to ensure that money is always in the right place at the right time for employers, merchants and financial institutions. DailyPay is building technology and the mindset to reimagine the way money moves, from the moment work starts. DailyPay is headquartered in New York City, with operations based in Minneapolis. For more information, visit www.dailypay.com/press.