TORCHY TACOS PARTNER WITH DAILYPAY TO OFFER AN ON-DEMAND COMPENSATION BENEFIT TO SUPPORT EMPLOYEES
NEW YORK, December 9, 2021 / PRNewswire / – Tacos de Torchy, the popular Austin– the brand known for its Damn Good Tacos and its addicting Green Chile Queso, has teamed up with DailyPay – the leading provider of on-demand compensation – to allow hourly employees to access their earned wages as and when they need it.
Torchy’s Tacos is expanding its presence in the United States with more than 95 locations in 10 states, and this partnership allows its employees to have instant access to their salaries as they are earned rather than waiting for weeks for payday. As a result, employees will be able to have more flexibility and control over their finances to meet their individual needs.
âEmployees seek more fulfilling work, and it is up to brands to invest in their people and provide compelling incentives that not only support the worker, but their daily life as a whole,â said Elizabeth baxter, Director of Human Resources for Torchy’s Tacos. “Our new partnership with DailyPay will give our team members more control over their finances and access to their compensation based on their individual needs and those of their families.”
With DailyPay, businesses are able to fill open positions 52% faster than those without a daily payment option, while experiencing a 50% reduction in revenue. Recent to research commissioned by DailyPay with the Aite-Novarica group shows that 95% of those who have ever relied on payday loans or paid overdraft fees can break the debt cycle when they have a DailyPay option. As a result, 77% of employees who use DailyPay experience less financial stress.
The majority of Fortune 200 companies that have a pay-on-demand advantage offer DailyPay, including 7 of the top 10 quick-service restaurant chains in the country.
DailyPay, Inc., powered by its cutting edge technology platform, is on a mission to create a new financial system. In partnership with America’s top employers including Dollar Tree, Berkshire Hathaway and Adecco. DailyPay is the benchmark for on-demand pay. With its massive data network, proprietary funding model, and connections to over 6,000 endpoints in the banking system, DailyPay ensures that money is always in the right place at the right time for employers, merchants. and financial institutions. DailyPay develops the technology and the mindset to reinvent the way money flows, from the start of work. DailyPay is headquartered at New York City, with operations based on Minneapolis. For more information visit www.dailypay.com/press.
About Tacos de Torchy
The story of Torchy’s Tacos began 15 years ago at Austin, Texas, when a man with a dream bought a food trailer and a bright red Vespa. Mike Rypka, founder of Torchy’s Tacos, has crafted a menu from experimental tacos that have been called “putainment good” by fans. Today, Torchy’s Tacos has over 95 locations across Texas, Oklahoma, Colorado, Arkansas, Louisiana, Missouri, Kansas, Indiana, North Carolina and Tennessee who are committed to serving only the highest quality ingredients. Living the Damn Good mantra, Torchy’s Tacos always innovates to deliver the most unique tacos, coveted queso, and refreshing taco game margaritas, including Taco of the Month, a non-traditional taco offering that keeps junkies coming back for more. . Visitwww.torchystacos.comand followFacebook,TwitterandInstagramfor more information on Tacos de Torchy.
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E-mail: [emailÂ protected]