Beacon Specialized Living, an organization dedicated to supporting people with intellectual disabilities and mental health, has partnered with DailyPay—the leading provider of on-demand pay—to offer its employees with the power of choice and control over their earned pay.
Headquartered in Kalamazoo, Michigan, Beacon operates and maintains facilities and homes throughout Michigan, Minnesota, Wisconsin, Pennsylvania, and New Jersey, employing over 1,600 workers. In an effort to support its employees with a well-rounded benefits package, Beacon Specialized Living has chosen to implement DailyPay which provides its employees with a financial wellness benefit. With DailyPay, employees can access their pay as they earn it, empowering them to pay bills, save, spend and invest on their own schedule.
“At Beacon Specialized Living, we aim to exceed our employees’ expectations by keeping our benefits competitive and offering a service that gives our employees more financial freedom. DailyPay allows them to take care of their business so they can better take care of ours,” says Angela Provost, Executive Director of Payroll at Beacon Specialized Living. “We understand that life happens, which is why we want to provide every opportunity to enable our staff to live a less stressful life.”
Additionally, the Beacon Specialized Living team turned to DailyPay to boost hiring and retention efforts. The average tenure of employees who used DailyPay increased by 27% over non-DailyPay users. This 27% increase in tenure translates to 39 additional days on the job according to the ‘EWA report’ conducted by Mercator Advisory Group, commissioned by DailyPay in 2021.
Beacon Specialized Living
Beacon Specialized Living serves individuals with intellectual disabilities and mental health needs. By supporting their self-directed goals with compassion and best practices, Beacon provides the highest level of support — not only meeting their needs, but helping people live their fullest lives.
DailyPay, Inc., powered by its industry-leading technology platform, is on a mission to build a new financial system. Partnering with America's best-in-class employers, including Dollar Tree, Berkshire Hathaway 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.