Fundamental Administrative Services Case Study on DailyPay

This case study examines how Fundamental Administrative Services, LLC (FAS) enhanced time-clock compliance and employee satisfaction through the implementation of DailyPay. FAS, which provides payroll services to approximately 7,000 employees across 100 healthcare facilities, sought a cost-effective solution to improve employee financial management. Since adopting DailyPay in December 2017, FAS has reported significant benefits, including a $3.3 million savings for employees by avoiding overdraft fees. The study highlights increased employee retention, with those using DailyPay staying an average of 62 days longer than non-users, and a marked decrease in new hire turnover rates. Furthermore, the implementation of DailyPay has led to improved payroll accuracy, as employees are more diligent in reporting their hours. The case study also notes that DailyPay has become a valuable recruitment tool for FAS, enhancing their appeal to potential employees. Overall, the partnership with DailyPay has streamlined payroll processes and contributed to a more satisfied workforce.