Workday and DailyPay Form Strategic Partnership to Bring On-Demand Pay to Millions of Workers
Workday (NASDAQ: WDAY) has selected DailyPay as its Strategic Partner for On-Demand Pay in the United States and Canada. This partnership builds upon their existing integration with Workday Human Capital Management (HCM) and Workday Payroll since 2023.
The collaboration aims to provide employees, particularly frontline and hourly workers, with real-time access to their earned wages. This initiative addresses a critical need, as more than 50% of U.S. workers live paycheck-to-paycheck, with businesses losing approximately $1 trillion annually in turnover costs.
The partnership focuses on enhancing employee financial well-being and aims to create a more resilient, engaged, and productive workforce by allowing workers to access their earnings on demand.
Workday (NASDAQ: WDAY) ha scelto DailyPay come suo partner strategico per il pagamento on-demand negli Stati Uniti e in Canada. Questa collaborazione si basa sull’integrazione già esistente con Workday Human Capital Management (HCM) e Workday Payroll attiva dal 2023.
L’accordo mira a offrire ai dipendenti, in particolare a chi lavora in prima linea e con orario a ore, il accesso in tempo reale alle retribuzioni maturate. L’iniziativa risponde a un’esigenza urgente: oltre il 50% dei lavoratori statunitensi vive di stipendio in stipendio, mentre le aziende affrontano perdite per circa 1.000 miliardi di dollari all’anno a causa del turnover.
Il focus della partnership è migliorare il benessere finanziario dei dipendenti, favorendo una forza lavoro più resiliente, coinvolta e produttiva grazie alla possibilità di ottenere le proprie retribuzioni su richiesta.
Workday (NASDAQ: WDAY) ha seleccionado a DailyPay como su socio estratégico para el pago bajo demanda en Estados Unidos y Canadá. Esta alianza se apoya en la integración existente con Workday Human Capital Management (HCM) y Workday Payroll desde 2023.
La colaboración busca ofrecer a los empleados, especialmente a quienes trabajan en primera línea y por horas, acceso en tiempo real a los salarios devengados. La iniciativa responde a una necesidad crítica: más del 50% de los trabajadores en EE. UU. vive de salario en salario, y las empresas enfrentan pérdidas cercanas a $1 billón anuales por rotación de personal.
La asociación se centra en mejorar el bienestar financiero de los empleados y pretende crear una plantilla más resiliente, comprometida y productiva al permitir que los trabajadores accedan a sus ingresos cuando los necesiten.
Workday (NASDAQ: WDAY)가 미국과 캐나다에서 온디맨드 페이(지급 즉시 서비스)의 전략적 파트너로 DailyPay를 선정했습니다. 이번 파트너십은 2023년부터 이어온 Workday Human Capital Management(HCM) 및 Workday Payroll과의 기존 통합을 기반으로 합니다.
이번 협력은 특히 현장 근무자와 시간제 근로자에게 획득한 임금을 실시간으로 이용할 수 있는 권한을 제공하는 것을 목표로 합니다. 이는 중요한 문제를 해결하기 위한 조치로, 미국 근로자의 50% 이상이 급여가 통장에 들어오기 전까지 생활한다는 현실과, 기업들이 이직으로 연간 약 1조 달러의 손실을 겪고 있다는 점을 반영합니다.
파트너십은 직원의 재정적 안녕을 증진시키는 데 주력하며, 근로자들이 필요할 때 즉시 급여를 받을 수 있도록 하여 보다 회복력 있고 몰입도 높으며 생산적인 인력을 조성하는 것을 목표로 합니다.
Workday (NASDAQ: WDAY) a choisi DailyPay comme partenaire stratégique pour le paiement à la demande aux États-Unis et au Canada. Ce partenariat s’appuie sur l’intégration existante avec Workday Human Capital Management (HCM) et Workday Payroll depuis 2023.
La collaboration vise à offrir aux employés, en particulier aux travailleurs de première ligne et aux salariés horaires, un accès en temps réel à leurs salaires acquis. Cette initiative répond à un besoin majeur : plus de 50 % des travailleurs américains vivent de paie en paie, et les entreprises subissent environ 1 000 milliards de dollars de pertes annuelles liées au turnover.
Le partenariat se concentre sur l’amélioration du bien‑être financier des employés et a pour objectif de créer une main‑d’œuvre plus résiliente, engagée et productive en permettant l’accès aux revenus à la demande.
Workday (NASDAQ: WDAY) hat DailyPay als strategischen Partner für On-Demand-Zahlungen in den USA und Kanada ausgewählt. Die Partnerschaft baut auf der seit 2023 bestehenden Integration mit Workday Human Capital Management (HCM) und Workday Payroll auf.
Das Ziel der Zusammenarbeit ist es, Mitarbeitenden – insbesondere Frontline- und Stundenkräfte – Echtzeitzugriff auf ihre verdienten Löhne zu ermöglichen. Damit wird ein dringendes Problem adressiert: Mehr als 50% der US-Arbeitnehmer leben von Gehaltsscheck zu Gehaltsscheck, während Unternehmen durch Fluktuation jährlich rund 1 Billion US-Dollar verlieren.
Im Mittelpunkt der Partnerschaft steht die Verbesserung der finanziellen Gesundheit der Beschäftigten, um durch bedarfsorientierten Lohnzugang eine widerstandsfähigere, engagiertere und produktivere Belegschaft zu schaffen.
- Strategic partnership expands Workday's employee financial wellness offerings
- Integration with existing Workday HCM and Payroll systems ensures seamless implementation
- Addresses significant market need with over 50% of U.S. workers living paycheck-to-paycheck
- Potential to reduce employee turnover costs for businesses
- None.
Insights
Workday's strategic partnership with DailyPay enhances its HCM offering, addressing employee financial wellness and potentially driving customer retention and revenue growth.
Workday's strategic partnership with DailyPay represents a significant enhancement to its Human Capital Management (HCM) ecosystem by integrating on-demand pay capabilities. This move directly addresses the growing financial wellness component of employee experience packages, particularly relevant as over half of U.S. workers report living paycheck-to-paycheck.
The partnership builds upon an existing integration dating back to 2023, but this elevation to "Strategic Partner" status signals a deeper commitment to embedding flexible pay options within Workday's core offerings. For Workday, this partnership creates competitive differentiation in the crowded HCM space by addressing a critical pain point for employers: worker financial stress that impacts productivity and retention.
This move aligns with broader market trends toward more flexible compensation models and employee-centric workplace policies. By targeting frontline and hourly workers specifically, Workday is addressing segments with historically high turnover rates - the press release notes businesses lose approximately $1 trillion annually in turnover costs.
From a business perspective, this partnership likely represents a low-implementation-cost way for Workday to expand its value proposition without developing the technology in-house. The integration should create additional stickiness for Workday's platform, potentially reducing customer churn while opening cross-selling opportunities for both companies across their mutual client bases.
While financial specifics aren't disclosed, the partnership could drive incremental revenue through either licensing fees or revenue-sharing arrangements with DailyPay based on adoption rates. With Workday's extensive market penetration, this represents significant potential reach for DailyPay's services to "tens of millions of workers" as mentioned in the release.
DailyPay Named Workday's Strategic Partner for On-Demand Pay
Strategic Partnership Will Help Companies Recruit, Retain, and Engage Employees By Giving Them Access to Their Money as They Earn it
DailyPay's solution has been integrated with Workday Human Capital Management (HCM) and Workday Payroll since 2023. The companies are now offering a more connected experience for joint customers that empowers employees with access to their earnings on their own schedule, when they need it most.
"The employee experience goes far beyond perks and benefits—it's about supporting employees' total well-being—and their financial health is a critical part of that," said Matthew Brandt, senior vice president, global partners, Workday. "By giving employees access to their earned wages on their own terms, this partnership is helping to remove a major source of stress—and empowering a workforce that's more resilient, engaged, and productive."
Empowering Businesses and Employees With a New Approach to Getting Paid
For many employees—especially frontline and hourly workers—unexpected expenses can lead to financial stress and reduce job satisfaction. More than half of
Workday and DailyPay aim to solve this with DailyPay's easy-to-use platform, letting employees instantly access the pay they have already earned. This benefit is a win-win for businesses and workers alike: employers can build a more engaged and productive workforce, while employees gain greater control of their finances and feel more satisfied and empowered at work.
"We are honored to strengthen our partnership with Workday and become their Strategic Partner for On-Demand Pay," said Stacy Greiner, CEO of DailyPay. "Our business goes beyond the workplaces we touch—we are reshaping how an entire generation of employers and employees interact. Through this expanded partnership, DailyPay will be able to serve more businesses focused on their employee's financial well-being and reach tens of millions of workers who will benefit from the power to access their money on their time."
About Workday
Workday is the AI platform for managing people, money, and agents. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 11,000 organizations around the world and across industries – from medium-sized businesses to more than
© 2025 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.
About DailyPay
DailyPay is the leader in On-Demand Pay, trusted by the most forward-thinking employers committed to enhancing their employees' financial health. Our open technology platform delivers instant access to earned wages and a robust suite of financial wellness solutions, giving our partners a decisive edge in attracting, engaging, and retaining top talent. We are transforming how the world gets paid so every worker can meet life's moments with confidence. Learn more at www.dailypay.com/press.
Forward-Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding Workday's plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law.
Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.
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SOURCE Workday Inc.
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