DailyPay: Reducing Turnover by Improving the Lives of Your Employees
Companies have always struggled with recruiting, retaining, and engaging employees. This is even more challenging in today's tight labor market and flat-wage environment. At DailyPay, we are reinventing human capital management based on one simple premise: when your employees find financial security at your company, they stay longer.
Great for Employees
We give your employees a needed lifeline between paychecks so they can pay their bills on time, make rent, and avoid late fees. DailyPay only charges a single fee per transfer—just like an ATM—with no hidden surprises like account fees, minimums, or interest. Most employees don’t need a loan to cover a bill—they just need a few extra dollars to make up a shortfall before the next paycheck.
Great for Businesses
We stick to principles of simplicity and elegance with our users and business partners. Our implementation is seamless and requires no change to your existing payroll process, including the timing of payroll funds. We work with you on integration, strategic rollout, and employee communication—all focused on your goals of reducing turnover, expanding recruitment, and boosting bottom-line profits.
Leadership
Jason Lee
CEO
Before founding DailyPay, Jason spent nearly two decades at Goldman, Sachs & Co. where he founded and led the Global Structured Equity Group. Jason serves as Chairman of the DailyPay Board of Directors, is an active angel investor, and is a member of the Forbes Finance Council. Jason is the chairman of the Management Committee.
Rob Law
Co-founder and CTO
Before founding DailyPay, Rob spent nearly a decade in San Francisco building websites from the ground up. Formerly engineer #0 at ReferralExchange. Rob attended the University of Chicago and is an Eagle Scout. Rob is a member of the Management Committee.
Scot Parnell
CFO
Scot Parnell is an experienced Finance leader with a passion for helping organizations and teams succeed. He has served as CFO of public and private equity-owned companies and has led major transformations as a senior finance executive at Fortune 200 companies like TIAA, Citi, and MetLife. Scot earned his MBA from Columbia Business School, his BBA from The McCombs School of Business at University of Texas at Austin. Scot is a Certified Public Accountant.
Ron Munkittrick
Senior Vice President, External Operations
Before joining DailyPay, Ron worked for several years as a financial consultant focusing on capital formation, start-up enterprises, and corporate restructuring. Ron has worked with clients in a broad range of industries including technology, e-commerce, retail, manufacturing, and business services. Ron is a member of the Management Committee and co-chairs the Risk Committee.
Jeanniey Mullen
CMO
Jeanniey Mullen is an award-winning, entrepreneurial Chief Marketing Officer who uses innovation to transform the way companies work to accelerate growth and brand impact. Jeanniey has led global Marketing and Growth for Fortune 1000 companies, including Mercer, Ogilvy, Barnes & Noble and JCPenney, as well as industry-transforming start-ups, including Zinio, RebelMouse and Ringblingz. A recognized “Woman in Business” and an entrepreneur, she has authored multiple books and launched five companies, including the Email Experience Council. Jeanniey holds a master’s degree from the University of Pittsburgh. Jeanniey is a member of the Management Committee.
Lara Brooks
VP, Strategy & Operations
Before joining DailyPay, Lara spent nearly a decade at Paycom. As the VP of Sales, she opened up 10 new markets and was a core-contributing leader in Paycom’s successful IPO and $6.5B market cap. Lara holds a Marketing and Spanish degree from McCombs School of Business, The University of Texas at Austin. She grew up in Tours, France, and Austin, Texas. She now considers herself a New Yorker by transplant, but a Texan at heart. Lara is a member of the Management Committee.
Konstantin Getmanchuk
VP, Enterprise Products
Before joining DailyPay, Konstantin, as Head of Financial Products at Context Relevant, developed applications of large-scale machine learning for the finance industry. Konstantin started his professional career at Goldman, Sachs & Co. where he led a quantitative team responsible for structuring and modeling Structured Products. Konstantin is a member of the Management Committee and co-chairs the Risk Committee.
Kevin Phillips
VP, Product
Before joining DailyPay, Kevin worked as Director of Product for ReferralExchange, where he streamlined the Operations and Sales departments. He's founded multiple small website startups, as well as his own music festival. Kevin has a degree in Operations Research Engineering from Cornell University. Kevin is a member of the Operating Committee and heads up DailyPay’s Growth Team.
Bill Gartland
VP, Strategic Accounts
Before joining DailyPay, Bill was previously Managing Director at One William Street Capital Management and Chief Financial Officer of One Street Investment Corporation. He was also a Managing Director in Investment Banking at Lehman Brothers where he built and ran several groups including Financial Institutions Capital Markets. Bill has a Masters in Business Administration from the Kellogg School at Northwestern University and a Bachelor of Arts from Vassar College. Bill is the chairman of the Operating Committee.
Michael Szymanski
VP, Sales
Prior to joining DailyPay, Michael spent more than 15 years at Paychex. In his role as Regional VP of Sales in the Human Capital Management division, his teams were responsible for over $200MM in net new revenue to the company. He was instrumental in the creation and scaling of this now $1.5B business unit. He holds a degree in Business Administration – Management from Bryant University. Michael is a member of the Operating Committee.
Preeti Krishnan
Chief of Staff
Before joining DailyPay, Preeti spent several years as an attorney at top New York law firms, where she advised asset management firms and early stage tech companies on a variety of business and operational issues at every stage of their growth and development. Preeti holds a J.D. from the University of Pennsylvania Law School, a Certificate in Management from the Wharton School of Business, and a B.A. from Georgetown University. Preeti serves as Secretary of the Management Committee and is a member of the Operating Committee.
Board of Directors
Adam Boyden
Adam is a partner at RPM Ventures. He is a 5x entrepreneur with exits to numerous public companies and was previously the Chief Operating Officer at Social Finance (SoFi). Adam holds an MBA from Stanford University.
Dr. Donna Hamlin
Dr. Hamlin is an internationally renown authority in Human Resources. She currently advises Fortune 500 companies on workplace diversity, human performance management, and strategic benefits. Dr. Hamlin currently serves as board trustee for Girls Inc., The United Way, the San Jose Cleveland Ballet, and the San Jose Stage Company
Jason Lee
Before founding DailyPay, Jason spent nearly two decades at Goldman, Sachs & Co. where he founded and led the Global Structured Equity Group. Jason serves as Chairman of the DailyPay Board of Directors, is an active angel investor, and is a member of the Forbes Finance Council. Jason is the chairman of the Management Committee.
Rob Law
Before founding DailyPay, Rob spent nearly a decade in San Francisco building websites from the ground up. Formerly engineer #0 at ReferralExchange. Rob attended the University of Chicago and is an Eagle Scout. Rob is a member of the Management Committee.
Gady Nemirovsky
Gady is the General Partner at inspiration Ventures. He has over 20 years of investing and operating experience and was previously the Founder/CEO of Sonnet Financial. Gady holds a dual degree in business and engineering from The University of Pennsylvania.
Andy Sessions
Andy is General Partner of Intercept Ventures. He has over 25 years of technology company experience, across investing, advising, and banking. Andy was a founding partner of Thomas Weisel Partners, the co-founder of Thomas Weisel Venture Partners, and a general partner at TCV. Andy holds a BA from Stanford and an MBA from Harvard Business School.