Great American Hospitality, LLC. Implements DailyPay Benefits at its SONIC Drive-In Restaurants to Gain Competitive Edge on Hiring and Retention
Great American Hospitality, LLC, a SONIC licensee, has partnered with DailyPay to provide on-demand pay to its employees. Through this partnership, hundreds of SONIC employees can now access their pay immediately after completing a shift, providing financial flexibility. With the power of choice and control over their earned pay, employees can pay bills, spend, save, or invest on their own schedule, not on an arbitrary payday schedule.
“This is a great and needed benefit for our employees. It gives our employees flexibility to access their pay when and where they need it,” said E. Rhett Smith, Managing Partner of Great American Hospitality, LLC. “We hope that with DailyPay we can ease a little of the burden that people feel making ends meet financially. We try and support our employees any way we can and we feel DailyPay is one more way we can support them.”
This partnership comes at a critical time as quick-service restaurant (QSR) employers struggle to find talent amid the ongoing talent shortage sweeping the nation. According to DailyPay research, employers who offer DailyPay can fill open positions 2X faster than those who do not offer a daily pay benefit.
Great American Hospitality operates over 20 SONIC Drive-In locations across North Carolina and South Carolina. They are among the latest QSR employers to implement daily pay benefits for their hourly employees. Since launching earlier this month, 23% of Great American Hospitality’s SONIC employees have enrolled in DailyPay.
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.