Speeding Towards Financial Freedom, The Comoto Family of Brands Employees Now Have a Critical On-Demand Pay Benefit
The Comoto Family of Brands, America's largest powersports aftermarket retailer, today announced its partnership with DailyPay, the leading provider of on-demand pay. Through this partnership, all hourly employees under The Comoto Family of Brands – many of whom work in call center, fulfillment center, and retail roles for RevZilla, Cycle Gear, J&P Cycles, and REVER – will be able to access their pay as they earn it. This transformational financial wellness benefit helps them to pay bills, spend, save and invest on their own schedule.
Headquartered in Philadelphia, PA, The Comoto Family of Brands is among the latest leading retailers to implement the highly-impactful on-demand pay benefit from DailyPay for its workforce.
“At Comoto, one of our core values is Share the Road, which is focused on ensuring we always put the needs of people first. Giving our team members access to their earned pay whenever they need it supports this value of ours in a big way. It’s hard to predict when a financial hardship will occur, and Daily Pay gives our team members some security if and when something comes up,” said Abby Ludens, Chief Talent Officer. “We have seen a lot of excitement about this benefit and look forward to seeing it support our hiring and retention efforts.”
According to research commissioned by DailyPay and conducted by The Mercator Advisory Group, employee retention grew as much as 73% in some industries when DailyPay was offered to staff, saving companies millions on recruitment and onboarding costs.
The Comoto Family of Brands
Comoto is America's largest and fastest growing omni-channel platform in the powersports aftermarket-products industry, dedicated to advancing the experience of powersports enthusiasts around the globe. Comoto's brands, RevZilla, Common Tread, Cycle Gear, J&P Cycles, and REVER, deliver premium products, dedicated expertise, engaging media, and passionate customer support of the rider community through best-in-class eCommerce and retail experiences.
DailyPay, Inc., powered by its industry-leading technology platform, is on a mission to build a new financial system. Partnering with some of America's best-in-class employers, including Dollar Tree and Adecco, DailyPay is the recognized gold standard in on-demand pay. Through its massive data network, proprietary funding model, and connections into over 6,000 endpoints in the banking system, DailyPay works to ensure that money is always in the right place at the right time for employers, merchants, and financial institutions. DailyPay is building technology and the mindset to reimagine the way money moves, from the moment work starts. DailyPay is headquartered in New York City, with operations based in Minneapolis. For more information, visit www.dailypay.com/press.