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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1.0
Sep 29, 2020

A payday loan company pretending to be a tech company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

For some reason a paid lunch. Pay is good

Cons

It took me a short while to realize this is a smartphone version of the place on the corner of my block that makes weekly loans at high rates. Except we don’t charge interest just a transaction fee that if it was interest would be in the 20%+ range. If you can live with yourself pushing this on poor people then this is a good job.

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DailyPay Response
5y
DailyPay partners with America’s top employers to offer millions of workers more financial power and security by allowing them access to their employer-verified earned pay. By seeing what they have earned each day, and having the ability to access their pay when they need it, employees can pay bills on time and avoid paying late fees or taking out predatory loans that perpetuate the never-ending cycle of debt. DailyPay charges a small, fixed, transaction-based fee like an ATM - $1.99 or $2.99 - nothing like a loan. If an employee does not make any transfers in a given pay period, she is not charged a penny. We are proud of our workplace culture and actively strive to offer competitive compensation as you note, as well as benefits and programs to make our company an outstanding employer and an innovative provider of financial inclusion.
4.0
Jul 29, 2020
Recommend
CEO approval
Business Outlook

Pros

Lots of opportunities, competitive pay/benefits, work/life balance

Cons

This is a stat-up and while that can be exciting it means that a lot of structure is still being developed.

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DailyPay Response
5y
Thank you for sharing your feedback with us and the community.
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