Forbo Movement Systems, a global belt supplier, has partnered with DailyPay, the enabler of On-Demand Pay and financial wellness solutions. With this collab, Forbo’s U.S. and Canada-based workers are now enabled with more choice and greater control over their earned pay.
Forbo Movement Systems has North American offices that are currently based in Huntersville, North Carolina, and is said to be the specialist for high-quality conveyor and processing belts, plastic modular belts, homogeneous conveyor belts, power transmission belts, along with precise timing and flat belts.
As noted in the update, Forbo decided to provide DailyPay’s financial wellness solution to help with enriching the relationship they have with workers and extended support for their financial wellness objectives outside of the workplace.
DailyPay helps employers to support an engaged and productive workforce, while workers gain control of their finances and feel satisfied and empowered at their workplace.
The platform has shown to be a motivator for employees to work harder in the manufacturing industries.
Research indicates nearly half (46%) of users in the manufacturing industry say having DailyPay makes them “feel more motivated at work.”
Domonique Williams, Head of HR, North and South America at Forbo Movement Systems said that their partnership with DailyPay will offer a way to support their financial well-being by “providing access to earned wages, helping them manage their finances more effectively and bridging the gap between paychecks.”
Forbo is committed to offering various benefits in the health and wellness space for employees.
In addition to DailyPay, Forbo offers their North American employees supplemental insurance to lower cost of prescriptions, mental health therapy sessions, gym memberships and stretching sessions with trainers provided.
As covered, DailyPay is the enabler of On-Demand Pay, and is currently being used by employers committed to enhancing their employees’ financial health.
Their open tech platform is able to provide access to earned wages and a suite of financial wellness solutions, giving partners an edge in attracting, engaging, and retaining talent.
