Becker's Hospital Review: Changing how nurses get paid: An overlooked tool in employee retention

As the U.S. experiences a crisis in nursing employment, IntelyCare offers per diem nurses a compelling solution.

IntelyCare engages workers through smart technology that enables work-life integration. One feature is flexibility in pay, notably DailyPay, the leading on-demand pay provider, giving workers access to their money as soon as it is earned.

How and when pay is provided is an overlooked tool to engage employees. IntelyCare learned that workers wanted to be paid daily or weekly to better meet their needs. "Flexible pay was never something that we had considered before," Mr. Yanhs said, but DailyPay presents a tool to build loyalty. "People who are using DailyPay are more likely to stay with us."

DailyPay eliminates 97 percent of the need for payday loans, according to Ms. Walden, as workers are able to meet their core necessities: 27 percent use DailyPay for bills, 14 percent for transit and 13 percent for food. The additional payment frequency along with financial transparency assists employees on the path to improved financial wellness and results in fewer calls to the employer asking about what or when they will be paid.

In an environment where consumers are more loyal to products than their jobs and employers need to deploy new strategies to meet the workforce where they are, flexible pay offers an innovative tool.