The pay-on-demand benefit gives employees the power to choose and control their compensation, dramatically improving employee seniority and productivity
New York, NY (RestaurantNews.com) Italian street food Piadaa fast-growing casual Italian restaurant chain, has partnered with Daily Paythe leading provider of on-demand compensation, to offer its employees a transformative financial wellness benefit that gives them instant access to their earned wages.
Based in Columbus, Ohio, Piada Italian Street Food operates 43 locations across the United States. By partnering with DailyPay, Piada Italian Street Food gives its hourly employees the power to choose and control their pay, giving them the ability to pay bills, spend, save or invest on their schedule.
“Team members are looking for more fulfilling work and benefits that matter, and we are committed to investing in our workforce to make that happen. Our new partnership with DailyPay is a big step in the right direction to provide compelling incentives that support team members inside and outside the workplace,” said Cassandra Thomas, Senior People Services for Piada. “Enabling the financial well-being of our team members is a top priority and DailyPay helps us do just that.”
To research commissioned by DailyPay with the Aite-Novarica Group shows that 94% of users credit DailyPay with having less trouble paying their bills, with 4 out of 5 users no longer having to resort to payday loans or pay overdraft fees to reach two ends.
Piada Italian Street Food is among the latest QSRs to partner with DailyPay. DailyPay research shows that with DailyPay companies are able to fill vacancies 52% faster than those that don’t offer a daily payment option while enjoying a 50% reduction in turnover.
The majority of Fortune 200 companies that offer DailyPay pay-as-you-go services, including 7 of the top 10 fast food chains nationwide.
About Piada Italian Street Food
The restaurant’s fast-casual premium concept, which offers diners a range of healthy (and indulgent) options from a selection of over 30 toppings, is centered around the Piada. Piadas are made with a thin-crust pastry, freshly baked on a stone grill and filled with a selection of Italian-inspired ingredients, then hand-rolled to perfection. Other signature menu items include Piada’s salads made with fresh ingredients and mouth-watering pasta dishes made with their classic sauces.
Piada was inspired by the roadside family street food carts and markets found in Rimini, Italy, and the company’s first restaurant opened in 2010. Based in Columbus, Ohio, Piada has 41 locations in Ohio, Indiana, Kentucky, Pennsylvania, Minnesota and Texas.
About Daily Pay
DailyPay, Inc., powered by its cutting-edge technology platform, is on a mission to build a new financial system. Partnership with America’s Top Employers including Dollar Tree, Berkshire Hathaway and Adecco. DailyPay is the recognized benchmark for on-demand payment. With its vast data network, proprietary funding model and connections to over 6,000 banking system endpoints, DailyPay ensures that money is always in the right place at the right time for employers, merchants and financial institutions. DailyPay develops the technology and the mindset to reinvent the way money moves, from the start of work. DailyPay is headquartered in New York with operations based in Minneapolis. For more information, visit www.dailypay.com/press.