Nursing care provider Journey partners with DailyPay to boost workforce retention rates
Journey Skilled Nursing, a leading provider of exceptional post-acute care services, has announced a partnership with DailyPay, the worktech company and the leading provider of On-Demand Pay. This strategic move aims to empower employees and enhance their financial well-being, thereby boosting job satisfaction and retention.
The partnership with DailyPay is a new addition to Journey's comprehensive benefits package, the Journey AdvantEdge. DailyPay's On-Demand Pay benefit allows employees to access their earned wages immediately at the end of their shifts, providing them with greater financial flexibility and control.
According to a study, 56% of DailyPay users in the healthcare sector report feeling more satisfied with their job because they have On-Demand Pay as a benefit. This benefit reduces financial stress by allowing healthcare workers to better manage daily life demands such as bills and emergencies, which in turn enhances their overall well-being and job satisfaction.
Cameron Conrad, Vice President of Finance at Journey, stated that DailyPay gives their team greater confidence and control over their finances. He added that this partnership reflects Journey's continued commitment to supporting the well-being of their Care Team.
Journey Skilled Nursing operates various care communities throughout the states they serve, including Georgia, West Virginia, Maryland, Indiana, Ohio, and Kentucky. Their services extend beyond one state, operating in multiple states across the United States. They provide short term, long term, respite, and specialized memory care services, ensuring a diverse range of care options for their clients.
The mission of Journey Skilled Nursing is to Change the World, One Heart at a Time. By partnering with DailyPay, they are taking a significant step towards fulfilling this mission by addressing a critical aspect of their employees' lives - financial wellness.
DailyPay's services aim to reduce stress and better manage life's demands for Care Team members. By making pay more accessible, DailyPay also helps employers reduce turnover, a critical concern in healthcare where workforce stability is closely linked to care quality. In sum, On-Demand Pay via DailyPay contributes to increased job satisfaction, greater financial control and less stress for employees, and improved employee retention as organizations offer this financial wellness tool as part of robust benefits packages.
This partnership underscores how immediate access to earned wages can be a meaningful factor in supporting healthcare workers’ well-being and commitment to their jobs. Journey Skilled Nursing is demonstrating its purposeful growth while maintaining its original promise of providing exceptional post-acute care services with a focus on changing lives and making a positive impact.
[1] DailyPay Impact Report: Healthcare Sector (2021) [2] Journey Skilled Nursing Press Release (2022)
- This partnership between Journey Skilled Nursing and DailyPay, as highlighted in the Journey Skilled Nursing Press Release (2022), is an essential part of their comprehensive benefits package, Journey AdvantEdge, and aims to enhance employee well-being, particularly in the realm of financial wellness.
- By offering DailyPay's On-Demand Pay benefit, Journey Skilled Nursing is not only improving their employees' financial flexibility and control, but also alleviating financial stress, which according to the DailyPay Impact Report: Healthcare Sector (2021), directly impacts job satisfaction and wellness, and consequently, employee retention in the health and wellness sector of the business world.
