Travel & Hospitality

Happy Employees, Happier Guests

Use on-demand pay to address hiring challenges and elevate employee engagement, creating a motivated team that delivers exceptional service to guests in the travel and hospitality industry.

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Happy Employees, Happier Guests

Tackling Labor Challenges in Travel and Hospitality

The travel and hospitality sector in India faces persistent labor shortages, with high turnover rates and a limited candidate pool making it challenging to fill roles. To address these issues, many leading companies are turning to on-demand pay, which offers employees financial flexibility and early access to their earned wages. This is especially valuable in India, where 80% of employees experience financial stress by month-end, and 60% consider salary-on-demand a key factor in job choice. By incorporating on-demand pay into job listings, businesses can fill positions faster and significantly boost employee retention. This approach enables companies to build a more stable and engaged workforce, helping them stay competitive in a tight labor market.

Attract More Employees with On-Demand Pay

Attract More Employees with On-Demand Pay

In the competitive travel and hospitality industry, companies are constantly looking for effective ways to address hiring challenges and quickly fill open roles.

Offering on-demand pay can be a game-changer by enhancing employee satisfaction and engagement, which helps reduce turnover and attracts a wider talent pool. Businesses that advertise on-demand pay as part of their benefits often find that positions are filled faster, giving them an advantage in a tight labor market.

With financial flexibility becoming a top priority for job seekers, on-demand pay enables companies to appeal to candidates who value early wage access, positioning these employers as forward-thinking and supportive of employee wellness.

Boost Employee Satisfaction

Low employee satisfaction impacts morale, turnover, and customer service, particularly in the travel and hospitality industry. Offering benefits like on-demand pay helps employees manage financial stress and gain more control over their finances, leading to improved job satisfaction and retention.

In India, companies face a 21% decrease in profitability due to disengagement, while poor engagement can cost Indian businesses significantly in lost productivity and high turnover. Additionally, up to 55% of employees’ engagement is driven by non-financial factors like recognition and support, making on-demand pay a valuable tool to support financial wellness and retain talent​

Boost Employee Satisfaction

Enhancing Success in Hospitality with On-Demand Pay

Offering on-demand pay has a positive impact on employee financial wellness and overall job satisfaction in the hospitality sector. With this benefit, a significant number of employees feel more favorably toward their employer, reporting higher engagement and reduced financial stress. Additionally, on-demand pay allows employees to manage unexpected expenses and build savings, while also providing convenient access to rewards and benefits. These features contribute to a more satisfied, motivated workforce, which translates to better service quality and customer satisfaction.

Reduced Turnover

Reduced Turnover

MDPD has the potential to reduce employee turnover by as much as 72%, offering substantial annual savings on recruitment and training costs.

Increased Productivity

Increased Productivity

Around 56% of employees using MDPD report feeling motivated to take on additional shifts, and 59% say it increases their commitment to showing up for work.

Enhanced Guest Satisfaction

Enhanced Guest Satisfaction

Access to on-demand pay with MDPD supports employee financial health, with 73% of employees reporting a more favorable opinion of their employer. This benefit also enables employees to build savings and access rewards, boosting their job satisfaction. Studies show that guests who receive excellent customer service are 10-30% more likely to return, making MDPD a valuable tool in enhancing customer loyalty.

Faster Hiring

Featuring MDPD in job listings has been shown to double the speed of filling open positions, allowing businesses to stay competitive and avoid staffing gaps.

Have Questions? We Have Answers.

MyDayPayDay empowers employees with access to funds, personal finance resources, and tools for long-term financial planning, helping them achieve financial security. The platform addresses cash shortages, unexpected expenses, and emergencies, alleviating workplace stress. By integrating this solution, organizations can boost employee satisfaction, engagement, and productivity. Contact us to learn more about our comprehensive financial wellness offerings.
No, Unlike Personal Loans or any other credit services, MyDayPayDay doesn’t have any hidden charges.
MyDayPayDay only charges processing fees and No/Zero Interest.
MyDayPayDay ensures employee data safety by adhering to RBI guidelines, including data localization, explicit user consent, robust encryption, limited data collection, regular security audits, and a transparent privacy policy.
MDPD’s suite integrates directly with your HRMS to access relevant information. Short-term withdrawals are directly deducted from the payroll of that month if the employee accesses a part of their accrued salary from the app.
No, The employer incurs zero cost on implementing the solution.
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