Supporting Financial Flexibility amid Restaurant Reopenings

The restaurant industry is starting to see a glimmer of hope when it comes to hiring. With more than 40 million Americans filing for unemployment, COVID-19 took a significant toll on the workforce. But as businesses start to reopen and cope with the new normal, we’re seeing a hopeful shift. 2.5 million jobs were added to the economy in May, and data collected by DailyPay shows that the quick service restaurant (QSR) industry saw a 32 percent increase in hiring over the past month (May 18 to July 12).

But as these positions begin to open up, employers will face challenges as many businesses compete for talent at the same time — not to mention that some employees are opting to hold onto unemployment benefits, which may offer more compensation than their previous jobs.

How is the industry moving forward?In a time when finances are top-of-mind for most everyone, it’s imperative employers properly compensate workers with benefits like financial flexibility.

DailyPay’s latest…