Big Lots Teams With DailyPay To Ramp Up Hiring Campaign
Big Lots Inc (NYSE: BIG) has partnered with DailyPay, a financial services company, to offer its 35,000 store and distribution center associates instant access to earned income.
DailyPay is a technology platform that enables employees to access or save their pay as they earn without waiting for a traditional payday.
This new program comes in time for the holiday season when Big Lots expects to onboard 15,000 employees to accommodate "BIGionaire" shoppers during its biggest season.
"We offer an outstanding program of perks including a 30% store discount plus additional discounts on cell services, tickets, computers, and more," said CEO Bruce Thorn.
Big Lots is holding national hiring events weekly on Tuesdays and Saturdays at all its 1,421 stores.
Price Action: BIG shares are trading higher by 1.26% at $46.56 on the last check Tuesday.
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