{"id":22884,"date":"2021-11-10T16:21:02","date_gmt":"2021-11-10T21:21:02","guid":{"rendered":"https:\/\/www.dailypay.com\/?p=22884"},"modified":"2021-11-10T16:23:02","modified_gmt":"2021-11-10T21:23:02","slug":"pmtd-restaurants-achieves-57-percent-enrollment","status":"publish","type":"post","link":"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/","title":{"rendered":"PMTD Restaurants Achieves 57% Enrollment in DailyPay Among Its QSR Employees"},"content":{"rendered":"\n<div class=\"wp-block-dailypay-heading undefined\" data-version=\"1f68\"><h2 class=\"heading color_navy \"><strong>Partner:<\/strong> PMTD Restaurants<\/h2><\/div>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>US Headquarters:<\/strong> Marietta, Georgia<\/li><li><strong>Industry:<\/strong> Quick Service Restaurants<\/li><li><strong>Number of Employees:<\/strong> 700+<\/li><li><strong>Payroll Platform:<\/strong> InfoSync<\/li><li><strong>Time &amp; Attendance Platform: <\/strong>InfoSync<\/li><\/ul>\n\n\n\n<p>Bill Byrd is the President of PMTD Restaurants, a KFC and Taco Bell franchisor with 43 locations in Alabama and Georgia. Bill was looking for a way to reduce turnover in the restaurants when he heard about on-demand pay as a benefit that could help with that. We met with Bill to learn how he came to DailyPay and what his experience has been like since PMTD launched the solution in June 2020.<\/p>\n\n\n\n<div class=\"wp-block-dailypay-heading undefined\" data-version=\"1f68\"><h2 class=\"heading color_navy \"><strong>Becoming aware of the on-demand pay benefit<\/strong><\/h2><\/div>\n\n\n\n<p>I became aware of the daily pay benefit several years ago and talked to a number of franchisees both inside and outside of KFC to see who they were using for on-demand pay. Then I went to InfoSync who handles our payroll and accounting and has worked with a number of different on-demand pay providers.&nbsp;<\/p>\n\n\n\n<p>My contact there said \u2018The only one I could absolutely look you in the eye and support is DailyPay.\u2019 I trust InfoSync. We had worked with them for eight years at the time and if they tell me to do something, I take it to the bank. They felt that they could seamlessly support DailyPay with minimal impact on anyone and with minimal interruptions. So that\u2019s how we got started. InfoSync arranged the call with DailyPay and we started moving forward right away!<\/p>\n\n\n\n<div class=\"wp-block-dailypay-heading undefined\" data-version=\"1f68\"><h2 class=\"heading color_navy \"><strong>Looking for a competitive edge and a way to help employees<\/strong><\/h2><\/div>\n\n\n\n<p>In today\u2019s environment, we need to constantly be at the forefront of providing necessary benefits not only for our existing employees but also to have an edge when it comes to recruiting. Everyone in fast food does the same kind of work, so if we can have an advantage over other restaurants, that\u2019s great. And if DailyPay brings one new person into each restaurant a year, and if it keeps one person from leaving us because they like the way we pay them, then it\u2019s worth it.&nbsp;<\/p>\n\n\n\n<p>Also, as we got closer to payday, I noticed we had more cash shortages than we did at any other time. We were hoping that DailyPay would stop that and employees could take money out of their own account and leave ours alone!<\/p>\n\n\n\n<div class=\"wp-block-dailypay-heading undefined\" data-version=\"1f68\"><h2 class=\"heading color_navy \"><strong>A hands-off benefit that employees need<\/strong><\/h2><\/div>\n\n\n\n<p>I generally like the way DailyPay works. I like that team members control their own destiny. InfoSync doesn\u2019t control it. And we don\u2019t control it so it gets us out of the loop. I also like the way that DailyPay is structured and that DailyPay funds the program. That\u2019s a huge difference. A number of other companies wanted us to fund a part of it and put money in a separate account.<\/p>\n\n\n\n<p>We launched DailyPay at the beginning of the pandemic as a way to provide our staff with additional support at a time when they really needed it. For those who need the money the most, DailyPay easily answers their needs and that\u2019s what we wanted to do.<\/p>\n\n\n\n<p>We currently have 57% of our team members enrolled in DailyPay and most are using the benefit every one to two weeks.<\/p>\n\n\n\n<div class=\"wp-block-dailypay-heading undefined\" data-version=\"1f68\"><h2 class=\"heading color_navy \"><strong>What we\u2019ve seen in terms of results so far<\/strong><\/h2><\/div>\n\n\n\n<p>As you know, this has been a tough year for everyone in the restaurant business. In fact, it\u2019s been the most difficult time in history for restaurants. With workers receiving additional unemployment benefits and government stimulus help, we have had a hard time getting and keeping people. I can\u2019t help but think that without DailyPay, it would have been much worse.<\/p>\n\n\n\n<p>One of the things that we have seen is a significant reduction in cash shrinkage. In 2020, the average amount of cash shortage per restaurant per week was $14.04 and in 2021 so far, the average has dropped to $5.19.<\/p>\n\n\n\n<p>According to DailyPay\u2019s calculations, DailyPay users are staying 44% longer than non-DailyPay users. Those who need to be paid more often than bi-weekly can get their money easily. We are not struggling as much as other franchises I\u2019ve seen.<\/p>\n\n\n\n<p>We are very vocal about the fact that we offer DailyPay in the recruiting process and in the onboarding process so employees are aware that they can sign up for the benefit.<\/p>\n\n\n\n<div class=\"wp-block-dailypay-heading undefined\" data-version=\"1f68\"><h2 class=\"heading color_navy \"><strong>Recommending DailyPay to others<\/strong><\/h2><\/div>\n\n\n\n<p>I have had peers ask me about DailyPay and I\u2019ve said that I can\u2019t give them a good reason not to do it. It benefits employees who need it the most. Employees can access their money at will. Payroll providers can easily implement this with usually just a flip of a switch. There\u2019s no extra work for payroll or for InfoSync. There are no incremental costs and we don\u2019t have to fund the program. I have spoken to peers who have used other programs where they had to fund the early transfers, and they had a terrible time trying to get their money back when they canceled the program. That\u2019s a big plus for DailyPay.<\/p>\n\n\n\n<p>To me, it\u2019s a no-brainer. It helps employees who need help. It\u2019s something that everybody should be doing and it\u2019s easy. <\/p>\n\n\n\n<span class=\"wp-block-dailypay-btn\" data-version=\"e71b\"><a class=\"btn btn-primary \" href=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/pmtd-case-study.pdf\" target=\"_blank\" rel=\"noopener\">Download Case Study<\/a><\/span>\n","protected":false},"excerpt":{"rendered":"<p>US Headquarters: Marietta, Georgia Industry: Quick Service Restaurants Number of Employees: 700+ Payroll Platform: InfoSync Time &amp; Attendance Platform: InfoSync Bill Byrd is the President of PMTD Restaurants, a KFC and Taco Bell franchisor with 43 locations in Alabama and Georgia. Bill was looking for a way to reduce turnover in the restaurants when he<a class=\"read-more\" href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/\">Read More<\/a><\/p>\n","protected":false},"author":32,"featured_media":22888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[151],"tags":[],"class_list":["post-22884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PMTD Restaurants Achieves 57% Enrollment in DailyPay Among Its QSR Employees - DailyPay<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMTD Restaurants Achieves 57% Enrollment in DailyPay Among Its QSR Employees\" \/>\n<meta property=\"og:description\" content=\"US Headquarters: Marietta, Georgia Industry: Quick Service Restaurants Number of Employees: 700+ Payroll Platform: InfoSync Time &amp; Attendance Platform: InfoSync Bill Byrd is the President of PMTD Restaurants, a KFC and Taco Bell franchisor with 43 locations in Alabama and Georgia. 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Bill was looking for a way to reduce turnover in the restaurants when heRead More","og_url":"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/","og_site_name":"DailyPay","article_publisher":"https:\/\/www.facebook.com\/dailypay","article_author":"https:\/\/www.facebook.com\/trydailypay\/","article_published_time":"2021-11-10T21:21:02+00:00","article_modified_time":"2021-11-10T21:23:02+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.dailypay.com\/wp-content\/uploads\/pmtd-qsr-dailypay-2021.jpg","type":"image\/jpeg"}],"author":"DailyPay","twitter_card":"summary_large_image","twitter_creator":"@dailypay","twitter_site":"@dailypay","twitter_misc":{"Written by":"DailyPay","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/#article","isPartOf":{"@id":"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/"},"author":{"name":"DailyPay","@id":"https:\/\/www.dailypay.com\/#\/schema\/person\/0dc5e72435b747402bdc50b62513acd9"},"headline":"PMTD Restaurants Achieves 57% Enrollment in DailyPay Among Its QSR Employees","datePublished":"2021-11-10T21:21:02+00:00","dateModified":"2021-11-10T21:23:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/"},"wordCount":877,"publisher":{"@id":"https:\/\/www.dailypay.com\/#organization"},"image":{"@id":"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/#primaryimage"},"thumbnailUrl":"https:\/\/www.dailypay.com\/wp-content\/uploads\/pmtd-qsr-dailypay-2021.jpg","articleSection":["Case Studies"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/","url":"https:\/\/www.dailypay.com\/resource-center\/case-studies\/pmtd-restaurants-achieves-57-percent-enrollment\/","name":"PMTD Restaurants Achieves 57% Enrollment in DailyPay Among Its QSR Employees - 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