{"id":27171,"date":"2022-06-06T16:55:28","date_gmt":"2022-06-06T20:55:28","guid":{"rendered":"https:\/\/www.dailypay.com\/?page_id=27171"},"modified":"2025-09-04T14:54:31","modified_gmt":"2025-09-04T18:54:31","slug":"employee-retention","status":"publish","type":"page","link":"https:\/\/www.dailypay.com\/employee-retention\/","title":{"rendered":"Reduce Turnover With an Employee Retention Strategy"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"27171\" class=\"elementor elementor-27171\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-458b778f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"458b778f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-10ac59b0\" data-id=\"10ac59b0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-371aa56d elementor-widget elementor-widget-breadcrumbs\" data-id=\"371aa56d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p id=\"breadcrumbs\"><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1b347577 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1b347577\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1092ac14\" data-id=\"1092ac14\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-564d5cae elementor-widget elementor-widget-html\" data-id=\"564d5cae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t  <section class=\"landing-section-padding p0\" style=\"display: flex;\">\n    <div class=\"landing-section-inner\" style=\"max-width: none;padding: 0px;\">\n      <div class=\"dp-column-text-img\">\n        <div class=\"dp-column-text-left\" style=\"display: flex;justify-content: center;\">\n          <h1 class=\"dp-font-50\" style=\"margin-bottom: 28px; max-width: 500px; margin-top: 0px;\">Reduce Turnover With an Employee Retention Strategy<\/h1>\n        <\/div>\n        <div class=\"dp-column-img-right\" style=\"display: flex;justify-content: center;align-items: center;\">\n          <img decoding=\"async\" style=\"display: table;filter: drop-shadow(0px 8px 20px rgba(0, 0, 0, 0.12));\" src=\"\/wp-content\/uploads\/employee-retention-strategy-hero.png\">\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/section>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-54e4eb75 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54e4eb75\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1ac50da2\" data-id=\"1ac50da2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-759dfd84 elementor-widget elementor-widget-html\" data-id=\"759dfd84\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t <div class=\"module-inside-page-template\">\n    <div class=\"sub-navigation-wrap m0\" style=\"margin-right: 0px;\">\n     <div class=\"table-of-contents modules-subnav-trigger\">\n      <div class=\"subnav-module-header-button-wrap\">\n       <h3 class=\"text-upper mt0 pl10 mb0\" style=\"text-transform: uppercase !important;font-size: 12px;\">In this Article<\/h3>\n       <div class=\"nav-mobile-subnav-module\">\n        <a id=\"nav-toggle-subnav-module\" href=\"#!\"><span><\/span><\/a>\n       <\/div>\n      <\/div>\n      <div class=\"module-subnav\">\n       <ul id=\"edu-modules-side-menu\">\n        <li class=\"\"><a data-scroll href=\"#employee-rentention-strategy\">What is an Employee Retention Strategy?<\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#employee-retention-industry\">Employee Retention by Industry <\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#odp-employee-retention\">On-Demand Pay Improves Employee Retention Strategy <\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#low-employee-retention\">The Negative Impact of Low Employee Retention <\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#improve-employee-retention\">Common Methods to Improve an Employee Retention Strategy <\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#strong-employee-retention\">The Benefits of a Strong Employee Retention Strategy <\/a><\/li>\n        <li class=\"\"><a data-scroll href=\"#faq\">FAQ<\/a><\/li>\n       <\/ul>\n      <\/div>\n     <\/div>\n    <\/div>\n    <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-16011ae\" data-id=\"16011ae\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3db3af78 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3db3af78\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-226b98b6\" data-id=\"226b98b6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-57fbd365 elementor-widget elementor-widget-text-editor\" data-id=\"57fbd365\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"why-employee-need-odp\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Companies across all industries can benefit from an employee retention strategy. By understanding the factors that are contributing to turnover, companies can develop a successful employee retention strategy that improves retention, employee morale, and revenue.<\/p><p>Simply put, <a class=\"inline-text-links\" href=\"\/resource-center\/blog\/employee-retention-rate\/\">employee retention<\/a> is the percentage of employees who remain with an organization year to year. The percentage of employees leaving an organization determines the turnover rate.<\/p><p>On this page, we\u2019ll discuss the various elements of an employee retention strategy, why it\u2019s important to increase employee retention, and how a total reward <span id=\"employee-rentention-strategy\"><\/span>package including on-demand pay contributes to strong retention.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-603992e6 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"603992e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb24 dp-mt40\" style=\"max-width: px;margin: auto;\">What is an Employee Retention Strategy?<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2dfccd78 elementor-widget elementor-widget-text-editor\" data-id=\"2dfccd78\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>An employee retention strategy aims to increase a company\u2019s year-over-year retention by providing methods to improve employee morale and, ideally, encourage employees to remain at the company. Methods to develop an employee retention strategy may include:<\/p><ul><li>Increasing employee incentives<\/li><li>Improving financial security<\/li><li>Defining clear career paths and growth opportunities<\/li><\/ul><pre>\u00a0<\/pre><p>Organizations that don\u2019t have an effective <span id=\"employee-retention-industry\"><\/span>employee retention strategy may suffer from high turnover and the associated adverse effects that impact culture, revenue, and customer service.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-60a49912 elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"60a49912\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2e971c2d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2e971c2d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-76692318\" data-id=\"76692318\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d8db19d elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"3d8db19d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb24 dp-mt12\" style=\"max-width: nonepx;margin: auto;\">Employee Retention by Industry <\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5074267b elementor-widget elementor-widget-text-editor\" data-id=\"5074267b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The industries with some of the highest employee turnover in 2021 include:\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c267331 elementor-widget elementor-widget-html\" data-id=\"3c267331\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"p20\">\n    <p class=\"f-weight-600 mb0\">Industries with the Highest Employee Turnover Rate<sup>2<\/sup><\/p>\n    <p class=\"f12\" style=\"color: #676B75\">Percentage of employees by industry<\/p>\n    <div class=\"retention-graph-img-main\">\n    <div class=\"retention-graph-img\">\n        <img decoding=\"async\" style=\"\" src=\"\/wp-content\/uploads\/retention-pillar-chart-2.png\">\n    <\/div>\n    <span id=\"odp-employee-retention\"><\/span>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3595fe7f elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"3595fe7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb24 dp-mt40\" style=\"max-width: px;margin: auto;\">On-Demand Pay Improves Employee Retention Strategy <\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d320365 elementor-widget elementor-widget-text-editor\" data-id=\"5d320365\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>According to a report by DailyPay and Mercator, an added benefit such as on-demand pay may increase employee retention for organizations. On-demand pay has improved retention rates across the following industries:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2775a4d1 elementor-widget elementor-widget-html\" data-id=\"2775a4d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"\" style=\"display: flex;align-items: center;max-width: 300px;margin: auto;\">\n    <h3 class=\"mb0 orange-text dp-font-40\">+73%<\/h3>\n    <p class=\"mb0 pl20 f-weight-600\">for Nursing Homes<\/p>\n<\/div>\n<div class=\"dp-mt16\" style=\"display: flex;align-items: center;max-width: 300px;margin: auto;\">\n    <h3 class=\"mb0 orange-text dp-font-40\">+68%<\/h3>\n    <p class=\"mb0 pl20 f-weight-600\">for Transportation<\/p>\n<\/div>\n<div class=\"dp-mt16\" style=\"display: flex;align-items: center;max-width: 300px;margin: auto;\">\n    <h3 class=\"mb0 orange-text dp-font-40\">+51%<\/h3>\n    <p class=\"mb0 pl20 f-weight-600\">for Call Center<\/p>\n<\/div>\n<div class=\"dp-mt16\" style=\"display: flex;align-items: center;max-width: 300px;margin: auto;\">\n    <h3 class=\"mb0 orange-text dp-font-40\">+27%<\/h3>\n    <p class=\"mb0 pl20 f-weight-600\">for Caregivers<\/p>\n<\/div>\n<div class=\"dp-mt16\" style=\"display: flex;align-items: center;max-width: 300px;margin: auto;\">\n    <h3 class=\"mb0 orange-text dp-font-40\">+24%<\/h3>\n    <p class=\"mb0 pl20 f-weight-600\">for Retail<\/p>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-493efce2 elementor-widget elementor-widget-ucaddon_dp_text\" data-id=\"493efce2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Text -->\n<style>\/* widget: DP Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<p class=\"dp-font-16 navy-text dp-font-secondary f-weight-300 text-left mb0 dp-mt40\" style=\"max-width: nonepx;margin: auto;\">According to a DailyPay survey; 73% of employees have an improved opinion of their employer because of DailyPay.<sup>3<\/sup> Additionally, 56% of users say DailyPay motivates them to pick up more shifts and 59% of users say DailyPay motivates them to go to work.<sup>4<\/sup><\/p>\n<!-- end DP Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-76afee3d elementor-widget elementor-widget-html\" data-id=\"76afee3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"dp-mt24\" style=\"display: flex;\">\n          <div  style=\"border-left: 8px solid #FF4C00;margin-bottom: 0px;height: 25px;width: 8px;\"><\/div>\n          <p class=\"dp-font-16 max-600 margin-disable mt0 dp-mb24 pl20 f-weight-600\" id=\"low-employee-retention\">Discover how on-demand pay may help bolster an <a class=\"inline-text-links\" href=\"\/mercator-report-2021\/\">employee retention strategy<\/a> today.<\/p>\n      <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f245f11 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"3f245f11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb24 dp-mt32\" style=\"max-width: nonepx;margin: auto;\">The Negative Impact of Low Employee Retention <\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e4d2f14 elementor-widget elementor-widget-text-editor\" data-id=\"3e4d2f14\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Low employee retention can negatively impact workplace culture and team bonding, reduce the overall company knowledge base, harm customer service, and rack up a variety of costs. These monetary costs may include:<\/p><ul><li><strong>Departure costs:<\/strong> Time dedicated to determining the last pay, severance benefits, and securing equipment such as company computers or tools.<\/li><\/ul><pre>\u00a0<\/pre><ul><li><strong>Lost production:<\/strong> Gaps in production or project progress when experienced staff members leave. Customer service and sales can also suffer when employees who were knowledgeable and engaged with clients and prospects depart.<\/li><\/ul><pre>\u00a0<\/pre><ul><li><strong>Overtime costs:<\/strong> A loss in production may lead to overtime expenses as more experienced staff fill in gaps.<\/li><\/ul><pre>\u00a0<\/pre><ul><li><strong>Recruiting costs:<\/strong> This may include hiring a recruiting firm or advertising service to find a replacement, selecting interview candidates, conducting interviews, handling background checks, and testing.<\/li><\/ul><pre>\u00a0<\/pre><ul><li><strong>Onboarding and training costs:<\/strong> Processing new employee data, integrating data into payroll and benefits systems, and training new workers on tactical job requirements, company policy, and culture.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1573cfb4 elementor-widget elementor-widget-html\" data-id=\"1573cfb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"dp-mt24\" style=\"display: flex;\">\n          <div  style=\"border-left: 8px solid #FF4C00;margin-bottom: 0px;height: 25px;width: 8px;\"><\/div>\n          <p class=\"dp-font-16 max-600 margin-disable mt0 dp-mb24 pl20 f-weight-600\" id=\"improve-employee-retention\">Find out how much your company can save by reducing your turnover rate with <a class=\"inline-text-links\" href=\"\/employee-turnover-calculator\/\">this interactive calculator<\/a>.<\/p>\n      <\/div>  \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5df5a758 elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"5df5a758\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5edc6a95 elementor-widget elementor-widget-html\" data-id=\"5edc6a95\" data-element_type=\"widget\" data-e-type=\"widget\" data-aos=\"fade-up\" data-aos-delay=\"100\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"module-infographic-bar\" data-aos=\"fade-left\" data-aos-delay=\"600\" data-aos-duration=\"1000\">\n    <div class=\"infographic-bar-title\"><p class=\"dp-breadcrum text-upper f14 mb0\">BLOG<\/p><\/div>\n    <p class=\"mb0\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/retention-pillar-infographic.png\"><\/p>\n    <div class=\"module-infographic-bar-inner\">\n    <p class=\"dp-font-primary dp-font-20\">How To Reduce Employee Turnover Rate [2021 Update]<\/p>\n    <p class=\"mb0 dp-mt32\"><a href='\/resource-center\/blog\/employee-turnover\/' class=\"dp-blue-no-style-btn dp-dark-orange-link\">Read more <i class='fas fa-chevron-right f12'><\/i><\/a><\/p>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6cf4c1e1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6cf4c1e1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-603f644f\" data-id=\"603f644f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7c880f24 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"7c880f24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb24 mt0\" style=\"max-width: nonepx;margin: auto;\">Common Methods to Improve an Employee Retention Strategy<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38c2457a elementor-widget elementor-widget-text-editor\" data-id=\"38c2457a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A comprehensive rewards and recognition program can improve employee retention strategies, reducing the employee turnover rate. This may also be referred to as a total rewards program and should include:<\/p><p><strong>Compensation<\/strong><br \/>Compensation not only involves how much an employee gets paid but how often. Employees dealing with financial stress will see negative effects on performance and productivity.<\/p><p><strong>Benefits<\/strong><br \/>A comprehensive benefits package that goes above and beyond competitors will give a hiring edge and contribute to employee appreciation and retention.<\/p><p><strong>Employee well-being<\/strong><br \/>Employees are looking to improve their work\/life balance and reduce their stress levels. When employees are dealing with personal or financial stress, they may perform their job poorly with less efficiency.<\/p><p><strong>Employee growth and development<\/strong><br \/>Empowering employees financially sets them up for success and helps them develop healthy financial habits.<\/p><p><strong>Rewards and recognition<\/strong><br \/>Recognizing an employee for their <span id=\"strong-employee-retention\"><\/span>hard work can play an important role in motivating and retaining employees.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14b29b3e elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"14b29b3e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-32 navy-text dp-font-primary f-weight-300 text-left dp-mb24 dp-mt24\" style=\"max-width: nonepx;margin: auto;\">The Benefits of a Strong Employee Retention Strategy <\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d57460 elementor-widget elementor-widget-text-editor\" data-id=\"1d57460\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Cost savings<\/strong><br \/>Employee turnover associated with poor employee retention results in various costs, as mentioned earlier. When a company retains employees, it can also expect cost savings by avoiding turnover-related expenses.<\/p><p><strong>Better workplace morale<\/strong><br \/>High turnover rates often impact employee morale. Unhappy and unmotivated employees are less productive and their companies are 21% less profitable than companies with higher engagement.<sup>5<\/sup><\/p><p><strong>Improved customer service<\/strong><br \/>Companies with a strong retention strategy may see fewer interruptions in processes, leading to greater continuity and stronger customer service.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1fdf53e elementor-widget elementor-widget-html\" data-id=\"1fdf53e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"news-letter-form-wrap\">\n  <div class=\"news-letter-form-wrap-inner\">\n    <div class=\"news-letter-form-text\">\n      <h3 class=\"mb0 dp-font-32\">Get More On-Demand Pay Insights<span class=\"dp-period\">.<\/span><\/h3>\n      <div class=\"news-letter-artwork\">\n          <img decoding=\"async\" src=\"\/wp-content\/uploads\/Frame-1604.png\">\n      <\/div>\n    <\/div>\n    <div class=\"news-letter-form-embed\">\n      <div class=\"dp-marketo-form-normal mt0\">\n        <script src=\"https:\/\/lp.dailypay.com\/js\/forms2\/js\/forms2.min.js\"><\/script>\n        <form id=\"mktoForm_1012\" class=\"dp-marketo-form-wrap\"><\/form>\n        <script>\n          MktoForms2.loadForm('https:\/\/lp.dailypay.com', '685-PYJ-522', 1012, function(form) {\n            form.onSuccess(function(values, followUpUrl) {\n                dataLayer.push({\n                   'event': 'Form Submission',\n                    'form_audience': 'B2B',\n                   'form_category': formId,\n                });\n              form.getFormElem().hide();\n              document.getElementById('confirmform').style.display = 'block';\n              return false;\n            }); \n          });\n        <\/script>\n        <div id=\"confirmform\" style=\"display: none;max-width: 350px;margin: auto;\">\n            <p class=\"dp-font-20 dp-mb16 f-weight-600\">Thanks for subscribing!<\/p>\n          <p class=\"mb0 mt10\" style=\"max-width: 270px;\">You\u2019ll start receiving on-demand pay resources soon.<\/p>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n  <div class=\"orange-shadow\"><\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d01b61f elementor-widget elementor-widget-html\" data-id=\"1d01b61f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\n    $('#edu-modules-side-menu li a').click(function() {\n    $(this).closest(\"li\").addClass('active').siblings().removeClass('active');\n});\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-66b0bb5a elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"66b0bb5a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-466acef9 elementor-widget elementor-widget-html\" data-id=\"466acef9\" data-element_type=\"widget\" data-e-type=\"widget\" data-aos=\"fade-up\" data-aos-delay=\"100\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"module-infographic-bar\" data-aos=\"fade-left\" data-aos-delay=\"600\" data-aos-duration=\"1000\">\n    <div class=\"infographic-bar-title\"><p class=\"dp-breadcrum text-upper f14 mb0\">Blog<\/p><\/div>\n    <p class=\"mb0\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/retention-pillar-infographic-1.png\"><\/p>\n    <div class=\"module-infographic-bar-inner\">\n    <p class=\"dp-font-primary dp-font-18\">Your Guide to Improving Employee Turnover<\/p>\n    <p class=\"mb0 dp-mt32\"><a href='\/guide-to-improving-employee-turnover\/' target=\"_blank\" class=\"dp-blue-no-style-btn dp-dark-orange-link\">Download now <i class='fas fa-chevron-right f12'><\/i><\/a><\/p>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-18216492 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"18216492\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5d5763ca\" data-id=\"5d5763ca\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5313a20f elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"5313a20f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h1 class=\"dp-font-40 navy-text dp-font-primary f-weight-300 text-center dp-mb24 mt0\" style=\"max-width: nonepx;margin: auto;\">Top Companies Trust DailyPay<\/h1>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3778ea21 elementor-widget elementor-widget-ucaddon_dp_text\" data-id=\"3778ea21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Text -->\n<style>\/* widget: DP Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<p class=\"dp-font-18 navy-text dp-font-secondary f-weight-300 text-center dp-mb40 mt0\" style=\"max-width: 500px;margin: auto;\">These companies have improved employee retention with on-demand pay.<\/p>\n<!-- end DP Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-784753b7 elementor-hidden-mobile elementor-widget elementor-widget-image\" data-id=\"784753b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"806\" height=\"61\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/retention-pillar-partner-logo-desktop.png\" class=\"attachment-full size-full wp-image-27109\" alt=\"Logos of various organizations, including Project Oceanography, BrightSpring Health Services, Ronald McDonald House Charities of America, LEADERS, and Premier Eco&#039;s latest employee retention strategy.\" srcset=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/retention-pillar-partner-logo-desktop.png 806w, https:\/\/www.dailypay.com\/wp-content\/uploads\/retention-pillar-partner-logo-desktop-500x38.png 500w, https:\/\/www.dailypay.com\/wp-content\/uploads\/retention-pillar-partner-logo-desktop-768x58.png 768w\" sizes=\"(max-width: 806px) 100vw, 806px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5dd134f4 elementor-hidden-desktop elementor-hidden-tablet elementor-widget elementor-widget-image\" data-id=\"5dd134f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"254\" height=\"228\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/retention-pillar-partner-logo-mobile.png\" class=\"attachment-large size-large wp-image-27110\" alt=\"A collection of logos: PMTD Restaurants, PSL, BrightSpring Health Services, DialAmerica, Leevers Foods, and Total Pharmacy Home Care, each showcasing their unique identity and commitment to effective employee retention strategies.\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-67878aad elementor-widget elementor-widget-ucaddon_dp_button\" data-id=\"67878aad\" data-element_type=\"widget\" data-e-type=\"widget\" data-scrroll=\"\" data-widget_type=\"ucaddon_dp_button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Button -->\n<style>\/* widget: DP Button *\/\n\n.dp-blue-white-btn:hover{\ncolor: var(--blue-color) !important;\n}\n\n<\/style>\n\n<div class=\"dp-btn-wrap dp-mt40 mb0 \" style=\"justify-content: center;\">\n <a class=\"dp-blue-no-style-btn dp-orange-link \" href=\"\/resource-center\/case-studies\/\" target=\"_self\">Read our case studies <i class=\"fas fa-chevron-right\" style=\"font-size: 12px;position: relative;bottom: 1px;margin-left: 1px;display:inline-block\"><\/i><\/a>\n<\/div>\n<!-- end DP Button -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-47414dcb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"47414dcb\" data-element_type=\"section\" data-e-type=\"section\" id=\"faq\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1ba44747\" data-id=\"1ba44747\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a69ec3 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"7a69ec3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-40 navy-text dp-font-primary f-weight-300 text-center dp-mb40 mt0\" style=\"max-width: 600px;margin: auto;\">Frequently Asked Questions<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c11a12 elementor-widget elementor-widget-ucaddon_dp_faq_s\" data-id=\"6c11a12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_faq_s.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP FAQ&#039;s -->\n<style>\/* widget: DP FAQ&#039;s *\/\n\n\/* video faq styles *\/\n\n.faq-answer-video-wrap {\n  width: 100%;\n  display: flex;\n  margin-top: 22px;\n  overflow: hidden;\n  justify-content: center;\n  align-items: center;\n}\n\n.faq-answer-video-wrap .faq-answer-video-inner {\n  width: 100%;\n  margin: 10px;\n  \/* max-width: max-content; *\/\n  display: flex;\n  justify-content: flex-start;\n  align-items: center;\n}\n\n.faq-answer-video-wrap .faq-answer-video-inner .video-height {\n  height: 230px;\n  width: 100%;\n  max-width: none;\n}\n\n.faq-answer-video-wrap .faq-answer-video-inner .video-height iframe {\n  display: table;\n  max-width: 410px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section p{\n  width: 100%;\n  max-width: 800px;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li{\n  border-bottom: 1px solid rgb(255 255 255 \/ 8%);\n  padding: 32px 0;\n  cursor: pointer;\n}\n.dp-faq-wrap .faq-accordian.white-text ul li:first-child{\n  border-top: 1px solid rgb(255 255 255 \/ 8%);\n}\n.dp-faq-wrap .faq-accordian ul li .accordian-head{\n  padding-right: 35px !important;\n}\n.dp-faq-wrap .faq-accordian.white-text ul li .accordian-head{\n  color: #ffffff;\n  padding: 0;\n  padding-right: 35px;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li .accordian-head .acc-icon i{\n  color: #ffffff; \n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section{\n  color: #ffffff; \n  padding: 0px;\n  padding-top: 8px;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section p{\n  color: #ffffff;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section p a{\n  color: #ffffff;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li section p a:hover{\n  color: #fe4d01;\n}\n\n.dp-faq-wrap .faq-accordian.white-text ul li .accordian-head .acc-icon{\n  top: 2px;\n}\n\n\n.dp-faq-wrap .faq-accordian ul li{\n  padding: 32px 0;\n  cursor: pointer;\n}\n\n.dp-faq-wrap .faq-accordian ul li:first-child{\n  border-top: 1px solid rgb(0 0 0 \/ 8%);\n}\n\n.dp-faq-wrap .faq-accordian ul li .accordian-head{\n  padding: 0;\n  display: flex;\n}\n\n.accordion-head{\ndisplay: flex;\n font-weight: 600;\n  position: relative;\n}\n\n.accordion-head span.acc-icon{\n      position: absolute;\n    right: 0;\n}\n\n.dp-faq-wrap .faq-accordian ul li section{\n  padding: 0px;\n  padding-top: 8px;\n}\n\n.dp-faq-wrap .faq-accordian ul li .accordian-head .acc-icon{\n  top: 2px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section ul{\n  margin-top: 16px;\n    padding-left: 24px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section ul li{\n      padding: 0;\n    border: none !important;\n    font-size: 16px;\n  list-style: inside;\n      line-height: 24px;\n}\n\n.dp-faq-wrap .faq-accordian ul li section ul li::marker{\n  margin-right: 5px;\n}\n\n.faq-arrow-reverse .acc-icon i, .acc-icon i{\n    transition: all ease 0.3s;\n}\n\n@media all and (max-width: 1250px) {\n  .faq-answer-video-wrap .faq-answer-video-inner .video-height{\n    height: 190px;\n    width: 100%;\n    max-width: 420px;\n  }\n}\n\n@media all and (max-width: 990px) {\n  .faq-answer-video-wrap .faq-answer-video-inner .video-height{\n    height: 140px;\n    width: 100%;\n    max-width: 420px;\n  }\n}\n\n@media all and (max-width: 768px) {\n  .faq-answer-video-wrap {\n    flex-direction: column;\n  }\n\n  .faq-answer-video-wrap .faq-answer-video-inner {\n    margin: 0;\n    margin-top: 15px;\n}\n\n  .faq-answer-video-wrap .faq-answer-video-inner .video-height {\n    max-width: none;\n    height: 210px;\n  }\n}\n\n.faq-arrow-reverse .acc-icon i {\n  transform: rotate(180deg);\n  -webkit-transform: rotate(180deg);\n  -moz-transform: rotate(180deg);\n  -ms-transform: rotate(180deg);\n  -o-transform: rotate(180deg);\n}\n\n.dp-faq-wrap .faq-accordian ul li section p a:focus{\n  color: var(--blue-color) !important\n}\n\n<\/style>\n\n<div class=\"dp-faq-wrap\">\n  <div class=\"faq-accordian white\" role=\"region\" aria-labelledby=\"dp-accordian-reduce-turnover-heading\">\n    <ul class=\"accordian\" id=\"dp-accordian-reduce-turnover\">\n      <li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is the employee retention rate and how is it calculated?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <div><div>Employee retention is an organization\u2019s ability to keep its employees. Organizations calculate retention by determining what percentage of their staff remain annually.<\/div><\/div>\n        <\/section>\n      <\/li>\n      <li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is employee retention credit? \n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <div>\n<div>According to the IRS, the Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50% of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021.<sup>6<\/sup><\/div>\n<\/div>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is an employee retention bonus?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <div><div>An employee retention bonus is a bonus payment from a company paid to an employee for remaining at the company for an extended time.<\/div><\/div>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          What is good employee retention?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <div><div>Companies should aim for a 90% retention rate.<\/div><\/div>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          Why is it important to retain employees?\n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <div><div>Disengaged employees and turnover are costly for companies. Improving employee retention and increasing the likelihood of engaged staff and avoiding costs associated with turnover.<\/div><\/div>\n        <\/section>\n      <\/li>\n<li class=\"accordian-open\" role=\"heading\" aria-level=\"3\">\n        <div class=\"accordion-head\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\">\n          How do you improve employee retention? \n          <span class=\"acc-icon\" aria-hidden=\"true\">\n            <i class=\"fas fa-chevron-down\" aria-hidden=\"true\"><\/i>\n          <\/span>\n        <\/div>\n        <section>\n          <div><div>Companies can improve employee retention through compensation, benefits, employee well-being, employee growth, and rewards or recognition.<\/div><\/div>\n        <\/section>\n      <\/li>\n     <\/ul>\n  <\/div>\n<\/div>\n<!-- end DP FAQ's -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-589c6859 elementor-widget elementor-widget-text-editor\" data-id=\"589c6859\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #9799a0;\">All information herein is for educational purposes only and should not be relied upon for any other use. The information herein does not constitute the rendering of professional advice by DailyPay. DailyPay does not warrant the completeness or accuracy of any information provided to you.<\/span><\/p><p><span style=\"color: #9799a0; font-size: 14px; line-height: 20px;\"><sup>1<\/sup> <a style=\"color: #9799a0; text-decoration: underline;\" href=\"https:\/\/www.bls.gov\/news.release\/jolts.t16.htm\">Source<\/a>: U.S. Bureau of Labor Statistics<\/span><br \/><span style=\"color: #9799a0; font-size: 14px; line-height: 20px;\"><sup>2<\/sup> <a style=\"color: #9799a0; text-decoration: underline;\" href=\"https:\/\/www.bls.gov\/news.release\/jolts.t16.htm\">Source<\/a>: U.S. Bureau of Labor Statistics<\/span><br \/><span style=\"color: #9799a0; font-size: 14px; line-height: 20px;\"><sup>3<\/sup> <a style=\"color: #9799a0; text-decoration: underline;\" href=\"https:\/\/dailypay.com\/insights\/our-survey-says-dailypay-saves-employees\">Source<\/a>: DailyPay, 2020<\/span><br \/><span style=\"color: #9799a0; font-size: 14px; line-height: 20px;\"><sup>4<\/sup> <a style=\"color: #9799a0; text-decoration: underline;\" href=\"https:\/\/dailypay.com\/insights\/our-survey-says-dailypay-saves-employees\">Source<\/a>: DailyPay, 2020<\/span><br \/><span style=\"color: #9799a0; font-size: 14px; line-height: 20px;\"><sup>5<\/sup> <a style=\"color: #9799a0; text-decoration: underline;\" href=\"https:\/\/www.forbes.com\/sites\/nazbeheshti\/2019\/01\/16\/10-timely-statistics-about-the-connection-between-employee-engagement-and-wellness\/?sh=399fdee122a0\">Source<\/a>: Forbes, 2019<\/span><br \/><span style=\"color: #9799a0; font-size: 14px; line-height: 20px;\"><sup>6<\/sup> <a style=\"color: #9799a0; text-decoration: underline;\" href=\"https:\/\/www.irs.gov\/coronavirus\/employee-retention-credit#:~:text=The%20Employee%20Retention%20Credit%20is,and%20before%20January%201%2C%202021\">Source<\/a>: IRS<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7ce6079e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7ce6079e\" data-element_type=\"section\" data-e-type=\"section\" id=\"case-studies\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-65600b33\" data-id=\"65600b33\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-77740fd5 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"77740fd5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-40 navy-text dp-font-primary f-weight-300 text-center dp-mb24 mt0\" style=\"max-width: nonepx;margin: auto;\">Explore More about On-Demand Pay<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e7f46c8 elementor-widget elementor-widget-ucaddon_uc_card_post_carousel\" data-id=\"5e7f46c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_uc_card_post_carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Card Post Carousel -->\n\t\t<link id='font-awesome-css' href='https:\/\/www.dailypay.com\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/font-awesome6\/fontawesome-all.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='font-awesome-4-shim-css' href='https:\/\/www.dailypay.com\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/font-awesome6\/fontawesome-v4-shims.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='owl-carousel-css' href='https:\/\/www.dailypay.com\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/owl-carousel-new\/assets\/owl.carousel.css' type='text\/css' rel='stylesheet' >\n\n<style>\/* widget: Card Post Carousel *\/\n\n#uc_uc_card_post_carousel_elementor_5e7f46c8 *{\n  box-sizing:border-box;\n}\n#uc_uc_card_post_carousel_elementor_5e7f46c8{\n  position:relative;\n  min-height:1px;\n}\n#uc_uc_card_post_carousel_elementor_5e7f46c8 .uc_image_carousel_content{\n\ttext-align:left;\n    display: flex;\n     flex-flow: column nowrap;\n}\n#uc_uc_card_post_carousel_elementor_5e7f46c8 .ue_post_carousel_item\n{\n  overflow:hidden;\n  \n}\n\n#uc_uc_card_post_carousel_elementor_5e7f46c8 .ue_post_btn_holder\n{\n  margin-top:auto;\n}\n\n#uc_uc_card_post_carousel_elementor_5e7f46c8 .uc_more_btn{\n\n  display:inline-block;\n  text-align:center;\n  text-decoration:none;\n} \n\n.uc_overlay_image_carousel .uc_more_btn{\n  text-decoration:none;\n  display:inline-block;\n}\n\n.uc_overlay_image_carousel .uc_post_title{\n  font-size:21px;\n  text-decoration:none;\n}\n\n#uc_uc_card_post_carousel_elementor_5e7f46c8 .owl-nav .owl-prev{\n    position:absolute;\n    left:-30px;\n    display:inline-block;\n    text-align:center;\n}\n#uc_uc_card_post_carousel_elementor_5e7f46c8 .owl-nav .owl-next{\n  position:absolute;\n    right:-30px;\n  display:inline-block;\n  text-align:center;\n}\n\n\n#uc_uc_card_post_carousel_elementor_5e7f46c8 .owl-dots {\noverflow:hidden;\ndisplay:true !important;\ntext-align:center;\n}\n\n#uc_uc_card_post_carousel_elementor_5e7f46c8 .owl-dot {\nborder-radius:50%;\ndisplay:inline-block;\n}\n\n<\/style>\n\n<div class=\"uc_overlay_image_carousel\" id=\"uc_uc_card_post_carousel_elementor_5e7f46c8\">\n   <div class=\"uc_carousel owl-carousel owl-theme\">\n   \t\t<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/increase-employee-motivation-earned-wage-access\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/Motivate-employees-blog-image.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/increase-employee-motivation-earned-wage-access\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">How Earned Wage Access Can Increase Employee Motivation<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/prioritizing-mental-wellness-in-the-workplace-insights-from-hr-professionals\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/lunch-learn-blog.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/prioritizing-mental-wellness-in-the-workplace-insights-from-hr-professionals\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Prioritizing Mental Wellness in the Workplace: Insights from HR Professionals<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/70-reasons-why-our-customers-trust-us-with-their-financial-future\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/nps-score-dailypay.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/70-reasons-why-our-customers-trust-us-with-their-financial-future\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">70 Reasons Why Our Customers Trust Us With Their Financial Future<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/now-is-the-time-to-adopt-earned-wage-access\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-logo-generic-scaled.jpg); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/now-is-the-time-to-adopt-earned-wage-access\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Now Is the Time To Adopt Earned Wage Access<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/8-stats-that-prove-earned-wage-access-improves-workplace-productivity\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/EWA-and-Productivity@2x.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/8-stats-that-prove-earned-wage-access-improves-workplace-productivity\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">8 Stats That Prove Earned Wage Access Improves Workplace Productivity<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/ewa-high-interest-loans\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/Relief-in-the-Era-of-High-Interest-Loans-blog-Image.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/ewa-high-interest-loans\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">How Earned Wage Access Provides Relief in the Era of High-Interest Loans<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/earned-wage-access-payroll-vs-paycheck-advance\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/EWA-Trumps-Paycheck-Blog-Image@2x.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/earned-wage-access-payroll-vs-paycheck-advance\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Why Earned Wage Access Trumps Paycheck Advances<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/earned-wage-access-hr-benefits\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/Earned-Wage-Access-and-HR.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/earned-wage-access-hr-benefits\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Streamline HR Operations: Unveil the Advantages of Earned Wage Access<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/helping-employees-pay-for-vital-everyday-expenses\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/Responsible-Usage-One-Pager-Blog-Image.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/helping-employees-pay-for-vital-everyday-expenses\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Helping Employees Pay for Vital, Everyday Expenses<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/implementing-earned-wage-access-is-easier-than-you-think\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/Dar-article-implementing-EWA.jpg); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/implementing-earned-wage-access-is-easier-than-you-think\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Implementing Earned Wage Access Is Easier Than You Think<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/what-are-on-demand-payment-solutions\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/How-the-On-Demand-Economy-Impacts-Payroll-Models.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/what-are-on-demand-payment-solutions\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">What are on-demand payment solutions?<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/employee-pay-evolution\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/Solution-Launch-Blog-Image_V2.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/employee-pay-evolution\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Modern Pay Strategies That Make a Difference<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/lessons-from-the-top-as-employers-transform-practices\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/the-source-episode-9.png); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/lessons-from-the-top-as-employers-transform-practices\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Lessons From the Top as Employers Transform Practices<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/pay-different-reimagining-the-payroll-cycle-in-post-covid-workplace\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/dailypay-pay-different-mercator-study.jpg); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/pay-different-reimagining-the-payroll-cycle-in-post-covid-workplace\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Pay Different: Reimagining the Payroll Cycle In Post-COVID Workplace<\/div><\/a>          <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/our-survey-says-dailypay-saves-employees\/\"><div style=\"background-image:url(https:\/\/www.dailypay.com\/wp-content\/uploads\/on-demand-employee-usage.jpg); background-size:cover; background-position:center; height:190px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n    <div class=\"ue_post_category\"><a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/\">Blog<\/a><\/div>        <a href=\"https:\/\/www.dailypay.com\/resource-center\/blog\/our-survey-says-dailypay-saves-employees\/\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">Our Survey Says ... DailyPay Saves Employees, On Average, $1,205 Per Year<\/div><\/a>          <\/div>\n<\/div>\n\n   <\/div>\t\n<\/div>\n<!-- end Card Post Carousel -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-10cda581 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"10cda581\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-58c96306\" data-id=\"58c96306\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3b33b162 elementor-widget elementor-widget-image\" data-id=\"3b33b162\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"76\" height=\"51\" src=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/DailyPay-Symbol-orange.png\" class=\"attachment-large size-large wp-image-20930\" alt=\"A stylized depiction of a setting sun is presented, with a vibrant, solid orange semicircle. The semicircle represents the sun, and there are no distinct features or gradients within the shape. The transparent background emphasizes the simplicity and boldness of the orange sun graphic, celebrating diversity in its pure form.\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-360a9e31 elementor-widget elementor-widget-ucaddon_dp_heading_text\" data-id=\"360a9e31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_heading_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Heading Text -->\n<style>\/* widget: DP Heading Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<h2 class=\"dp-font-50 white-text dp-font-primary f-weight-300 text-center dp-mb24 dp-mt48\" style=\"max-width: 500px;margin: auto;\">Get DailyPay for Your Business<\/h2>\n<!-- end DP Heading Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-461b10f5 elementor-widget elementor-widget-ucaddon_dp_text\" data-id=\"461b10f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Text -->\n<style>\/* widget: DP Text *\/\n\nh1 span, h2 span, h3 span, h4 span, h5 span, h6 span {\n  font-family: var(--primary-font) !important;\n}\n\n<\/style>\n\n<p class=\"dp-font-16 white-text dp-font-secondary f-weight-300 text-center dp-mb16 mt0\" style=\"max-width: 450px;margin: auto;\">Experience what the gold standard in on-demand pay can do for your business and your employees.<\/p>\n<!-- end DP Text -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-724814f7 elementor-widget elementor-widget-ucaddon_dp_button\" data-id=\"724814f7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_dp_button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start DP Button -->\n<style>\/* widget: DP Button *\/\n\n.dp-blue-white-btn:hover{\ncolor: var(--blue-color) !important;\n}\n\n<\/style>\n\n<div class=\"dp-btn-wrap dp-mt16 mb0 \" style=\"justify-content: center;\">\n <a class=\"dp-btn-normal dp-white-orange-btn \" href=\"\/demo\/\" target=\"_self\">Book a Demo <i class=\"fas fa-chevron-right\" style=\"font-size: 12px;position: relative;bottom: 1px;margin-left: 1px;display:none\"><\/i><\/a>\n<\/div>\n<!-- end DP Button -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Reduce Turnover With an Employee Retention Strategy In this Article What is an Employee Retention Strategy? Employee Retention by Industry On-Demand Pay Improves Employee Retention Strategy The Negative Impact of Low Employee Retention Common Methods to Improve an Employee Retention Strategy The Benefits of a Strong Employee Retention Strategy FAQ Companies across all industries can<a class=\"read-more\" href=\"https:\/\/www.dailypay.com\/employee-retention\/\">Read More<\/a><\/p>\n","protected":false},"author":71,"featured_media":34000,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"tags":[684,700,699,701],"class_list":["post-27171","page","type-page","status-publish","has-post-thumbnail","hentry","tag-popular-search-ivory","tag-resource-center","tag-retention","tag-turnover"],"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>Reduce Turnover With an Employee Retention Strategy - DailyPay<\/title>\n<meta name=\"description\" content=\"Find out the most important factors of successful employee retention strategy, and how on demand pay benefit is playing a key role.\" \/>\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\/employee-retention\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reduce Turnover With an Employee Retention Strategy\" \/>\n<meta property=\"og:description\" content=\"Find out the most important factors of successful employee retention strategy, and how on demand pay benefit is playing a key role.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dailypay.com\/employee-retention\/\" \/>\n<meta property=\"og:site_name\" content=\"DailyPay\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/dailypay\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-04T18:54:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.dailypay.com\/wp-content\/uploads\/Employee-Financial-Wellness-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"608\" \/>\n\t<meta property=\"og:image:height\" content=\"442\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@dailypay\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"8 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Reduce Turnover With an Employee Retention Strategy - 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