DailyPay partners with isolved to offer on-demand pay for employees

By Vriti Gothi

DailyPay, has partnered with isolved, a provider of human capital management (HCM) solutions designed to help organisations recruit, retain, and elevate their workforce. This collaboration integrates DailyPay’s innovative On-Demand Pay capabilities into isolved People Cloud, enabling more than 8 million employees and 195,000 employers to access their earnings immediately as they are earned.

Small businesses, which constitute 99.9% of all US companies and employ approximately 59 million people, face unique financial pressures. For many, flexible access to earned wages is essential to managing day-to-day expenses, avoiding late fees, and reducing reliance on costly financial shortcuts.

The partnership directly addresses workforce challenges such as absenteeism, which costs companies billions annually in lost productivity. By providing employees with immediate access to their pay, organisations can incentivise attendance and engagement. Research commissioned by DailyPay from Arizent indicates that 55% of employees take on at least one additional shift per month when offered On-Demand Pay, highlighting the tangible impact on workforce participation.

“As we add more financial wellness offerings to the isolved Marketplace, we are committed to supporting our partners and clients with solutions that enhance employees’ overall financial health,” said Melissa Versnik, VP of isolved Marketplace. “These additions reflect our mission to deliver comprehensive, evolving options that strengthen businesses and improve the employee experience.”

Carly Brush, SVP, HCM, DailyPay, added, “Our partnership with isolved marks a significant milestone in our commitment to supporting small businesses. We are thrilled to extend our On-Demand Pay product and robust financial wellness solutions to employers, complementing isolved’s HCM offerings. Together, we empower businesses to boost employee retention, elevate job satisfaction, and foster a more productive work environment.”

Financial stress among employees remains a critical concern for small business owners. While three in four employers report that workforce financial stress negatively impacts their business, 24% of American workers believe additional workplace benefits could improve financial security. Through this partnership, small businesses can now offer strategic solutions that simultaneously support their employees’ financial wellbeing and strengthen organisational performance.