Fazoli’s adds the DailyPay option for its employees
For the first time, members of the Fazoli Hourly Restaurant team no longer have to wait until payday to access and spend their earnings.
The brand known for serving premium Italian food at great value for money has partnered with DailyPay, a leading provider of non-traditional payroll services, to enable hourly team members of all Company-owned sites to access their earned wages the same day or the next day. daytime. To join DailyPay, Fazoli associates simply download the app and register. There is no registration fee and no other fees unless the service is used.
“Many people in the service industry have been severely affected by the pandemic,” said Dave Craig, vice president of human resources at Fazoli. “At Fazoli we have been fortunate enough to stay open for business, but many of our team had family members who lost their jobs or reduced hours and found themselves in need of money to pay their bills. bills on time, buy food or cover medical bills. Payday loan providers can charge interest rates of up to 18-22% for cash advances, but DailyPay allows us to quickly earn wages for our team members at a fraction of the cost. It is a simple and practical way for us to support the family of our Fazoli.
In just six weeks since DailyPay launched, 42% of eligible team members have signed up. At current usage rates, the iconic Italian brand estimates that its team members will receive cash advances over the coming year totaling $ 800,000. So far, individuals have used the service for daily necessities, with 20 percent of cash advances going to pay bills, 17 percent spent on transportation, and 15 percent used for food.
The news and information presented in this press release have not been corroborated by QSR, Food News Media or Journalistic, Inc.