Black Bear Diner Partners with DailyPay

Black Bear Diner has partnered with DailyPay, a 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,” says 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 percent 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 percent of DailyPay users say they have less trouble paying their bills—94 percent credit DailyPay for this. 

News and information presented in this release has not been corroborated by WTWH Media LLC.