DailyPay reviews

3.3

56% would recommend to a friend

(46 total reviews)
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Nelson Chai

42% approve of CEO

50% positive business outlook

Reviews by job title

46 reviews

Reviews about "Compensation"

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2.0
Apr 3, 2021
Recommend
CEO approval
Business Outlook

Pros

Really good product in a hot industry. Fun ra ra company culture with a lot of free swag if you’re into that kind of thing.

Cons

My opinion is that the senior leadership is very disorganized. 2 months into the year and there is still no sales plan. Quotas are up, accelerators have been nerfed, and there’s minimal new leads to work. Radical and abrupt changes get made with zero input from or heads up given to sales directors or reps. It’s weird. AEs greatly outnumber SDRs. SDR team operates at 100% turnover and has been undermanned/under-managed for some time. You will only make real money if you stay 2-3 years or get lucky. Assume your realistic earnings are 25-50k lower than your “OTE”. Assume you’re on your own to develop your territory, prospect contacts/opportunities and run full sale cycles. Quotas are not realistic without hitting a home run.

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DailyPay Response
5y
Thank you for your feedback. We agree that our positive company culture is one of the great things about DailyPay. It’s generated from the top down and by a leadership team that believes not only in the mission and vision of our organization, but in the people who work to bring that mission and vision to life. As we continue to evolve as an organization, workflow changes, training, and processes grow in step with that evolution. We look to provide competitive compensation and sales plans that reward contribution and provide great upside. One of our values is about starting simple and iterating to improve, and we will remain focused on how we best do that. Recognizing that you’ve left DailyPay, we’d welcome hearing from you at people.ops@dailypay.com.
5.0
Apr 1, 2021
Recommend
CEO approval
Business Outlook

Pros

I have been feeling extra appreciative of DailyPay as of late. Here are a few things that DailyPay does/has done in the past to support us financially and reward our commitment to success: - Merit Increases - "Thank you" bonuses to 2020 employees - Qualified Non-Elective Contribution 401k for 2020 - 2021 401k match - Competitive compensation and rewards for the sales team giving you a strong opportunity to earn! - Learning and Development Stipends to support personal/professional growth These are just some of the many investments that DailyPay has made in their people in the last year alone. It really showed me how much we're valued.

Cons

Nothing- we are a hyper growth start up company, so nothing is PERFECT... but our company invests in us, supports us and has put each of us in a position to grow personally and professionally.

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DailyPay Response
5y
Thank you for your comments! We really appreciate our people, and make every effort to ensure that DailyPayers are always recognized and rewarded for their contributions to our success. That's how we are continuing to grow and be the gold standard in on demand pay!
1.0
Feb 22, 2021
Recommend
CEO approval
Business Outlook

Pros

Start up vibes, decent pay (not amazing), free amazon books (I guess we will see if they take this away too like free lunch), people are generally nice and met some really great friends here

Cons

Culture has declined in the past couples years since I've been here, it happens when you hire as many people as they have "free lunch" was taken away right at the start of this year -UNLESS YOU WENT INTO THE OFFICE. And low and behold, someone got covid since allowing people in the office. Also since it's on seamless it's not really free because of their ridiculous fees leadership leads something to be desired Culture is kinda corporate cult-y, the growth has really diluted. If you make mistakes you don't get second chances, you are reprimanded I've seen multiple people get let go without a warning

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DailyPay Response
5y
DailyPay continues to work on maintaining our unique culture as we evolve and scale our organization. We have a strong focus on maintaining a sense of community. Our people are the cornerstone of what makes this place so special, and we approach creating an inclusive and thriving culture with great intentionality. We continue to institute new learning and development opportunities for our talent, which includes a robust goal setting and performance management process to ensure each colleague knows what’s expected of them to be successful and receives ongoing feedback and guidance to support their success. Please note that we are following state and city protocols in order to allow a limited number of employees to safely work from the office during this time should they wish to do so. Most of our DailyPay team members continue to work in remote locations. We’d love to learn more about your experiences, if you are willing to share. Please feel free to reach out to us at peopleops@dailypay.com
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