Black Bear Diner, one of the fastest-growing restaurant franchises in the country, famous for its home-style comfort foods, has partnered with DailyPay – the leading provider of on-demand pay. Through this partnership, hourly team members of Black Bear Diner’s 64 corporate-owned locations have access to the voluntary financial wellness employee benefit.
“We are currently focused on investing in our team members through technology that betters their lives and DailyPay has been an ideal partner for this mission,” said Black Bear Diner’s Chief People Officer, Tammy Johns. “To date, we’ve seen a very positive reaction to DailyPay’s services from our team including a 52% reduction in turnover among DailyPay users vs non-DailyPay users, resulting in fewer replacement hires needed due to DailyPay users staying longer.”
With DailyPay, employees can access their pay as they earn it, eliminating the need to rely on a biweekly paycheck. As a result, Black Bear Diner’s hardworking restaurant team members can feel financially empowered – able to pay bills, spend, invest, and save on their own schedule. As a result, team members can avoid costly overdraft fees, payday loans, and late fees.
According to a report by Aite-Novarica Group commissioned by DailyPay, 97% of DailyPay users said they have either rarely/never overdrawn their bank accounts, or have overdraft their bank accounts less since using DailyPay. Similarly, 88% of DailyPay users say they have less trouble paying their bills – 94% credit DailyPay for this.
Black Bear Diner continues to prioritize employee well-being. To learn more about career opportunities at Black Bear Diner, visit https://blackbeardiner.com/careers/.
Black Bear Diner
Black Bear Diner is one of the fastest-growing franchises in the country. Founded in 1995 by Bruce Dean and Bob Manley in Mt. Shasta, California, Black Bear Diner brings home-style comfort food classics and personal service to the dining experience. The quickly growing family dining concept, open for breakfast, lunch and dinner, offers a vast, enticing menu anchored in hearty portions and excellent value, with service rooted in genuine hospitality.
DailyPay, Inc., powered by its industry-leading technology platform, is on a mission to build a new financial system for everyone. DailyPay delivers the industry’s leading on-demand pay solution with modern, insight-driven pay strategies that help America’s leading employers to activate their workforce and build stronger relationships with their employees, so they feel more engaged, work harder, and stay longer. DailyPay works to ensure that money is always in the right place at the right time for employers, merchants, and financial institutions. DailyPay is headquartered in New York City, with operations based in Minneapolis and Belfast. For more information, visit www.dailypay.com/press.