“CHROs and their teams are measured on retention, and the cost of a highly mobile workforce can be expensive and frustrating for many organizations. Offering immediate access to earned funds is a brilliant benefit,” said Dr. Hamlin.
NEW YORK (PRWEB) February 28, 2018
DailyPay, the pioneer in providing employees real-time access to earned wages, announced today the appointment of Dr. Donna Hamlin – an internationally recognized authority in Human Resources – to its board of directors. Widely recognized for providing strategy, change management and human performance management services for Fortune 500 global enterprises in more than 44 countries, Dr. Hamlin joins the company as a board member to further the eponymous DailyPay Movement.
DailyPay enables an employee to transfer earned wages when the employee needs them. Data shows companies that offer the DailyPay benefit see a 40+% reduction in voluntary turnover within a matter of three months. Additionally, data shows that employee satisfaction goes up 87% percent and employee absenteeism is reduced by 26%.
“CHROs and their teams are measured on retention, and the cost of a highly mobile workforce can be expensive and frustrating for many organizations. Offering immediate access to earned funds is a brilliant benefit,” said Dr. Hamlin. “As corporate leaders shift the way they think about employee pay, they are realizing the DailyPay Movement provides real, measureable improvements in employee retention and job satisfaction. I believe the market has been waiting for this for years and I look forward to working with the team to further this seminal change in the marketplace.
Dr. Hamlin is currently CEO of Boardwise, Ltd. and Board Chair of Hamlin Harkins, Ltd. Dr. Hamlin has served as SVP of Human Resources and professional services for Citbank’s Associates First Capital Corporation, Trident Systems, Asyst Corporation and Texaco Corporation. Additionally, she consults about strategic change, executive planning, leadership development and organizational performance with such clients as VISA, Uber, JP Morgan, Philips, Deloitte and HEB Grocery.
“DailyPay is thrilled to welcome Dr. Hamlin to our board of directors as we look to work with more leading companies in this exciting new space ” said Jason Lee, CEO and co-founder of DailyPay. “Donna’s sharp eye for the needs of the C-suite will prove invaluable as we work with organizations that are invested in offering benefits that make a real difference in people’s lives.”
Dr. Hamlin has a Ph.D. and M.S. from Rensselaer Polytechnic Institute. She has a B.A. from Siena College and has studied at the University of London. She has held several board director roles with privately-held companies, as well as serving as board trustee for the San Jose Cleveland Ballet, the United Way, the San Jose Stage Company and Girls, Inc.
DailyPay’s mission is to give employees their first step toward financial security. DailyPay is the pioneer in providing employees real-time access to earned wages across a wide range of industries, including cleaning, healthcare, retail, transportation, and more. With DailyPay, employees can pay bills on time and avoid late fees, helping them reach their financial goals. Companies have reported that DailyPay increases employee engagement and retention and helps to support recruitment. DailyPay is backed by leading venture capital firms and world-class strategic investors. The company is headquartered in New York.