Press ReleaseOctober 5, 2018
Espresa Partners With Aetna, Cigna, Mercer and Willis Towers Watson, Making It Easier Than Ever for Companies to Manage and Scale Workplace Programs
PALO ALTO, CA — October 5, 2018 — Espresa, the company that powers great workplaces, today announced new partnerships with health insurance and benefits carriers and brokers Aetna, Cigna, Mercer and Willis Towers Watson. Making Espresa the first and only automated workplace programs platform to be approved for wellness stipends.
The partnerships will allow companies to more easily leverage new available budget towards employee program automation technologies they need to manage and scale the competitive list of wellness benefits offered to employees. “We’ve heard from our customers that budgeting for a new solution is challenging for human resource departments,” said Luis Doffo, Espresa Vice President of Sales. “These partnerships with carriers and brokers allow customers to use wellness subsidies to implement Espresa and better manage all of their non-traditional employee benefit programs.”
According to a recent IDG report, “Marketpulse Research: Creating Business Impact Through Quality Workplace Programs,” a vast majority of executives (92 percent) feel workplace programs improve business outcomes. Unfortunately, the current process for managing employee programs is cumbersome, manual, inefficient, and difficult to scale. According to the report:
- The average organization requires more than 20 people to run workplace programs
- More than 40 staff hours per week are spent on workplace program management tasks
- Teams running 10+ workplace programs per month spend 60 percent more time, on average, than those running half as many
Now that Espresa is an approved wellness vendor, HR departments will no longer struggle with how to find additional funding for the automation technologies they need to manage these valuable programs more efficiently. With the Espresa platform, benefits administrators can:
- Design, manage and promote all of their employee workplace programs
- Monitor how many of their employees are engaged and at what level
- See directly how their programs relate to employee satisfaction and retention
- Quickly expand current programs
- Access reporting required by the carriers and brokers to request more wellness subsidies
Employees, meanwhile, can keep track of everything happening on campus, along with information about how and when to sign up and where to provide feedback, all from one platform with a consumer-grade UI experience.
Companies already using the Espresa platform see nearly 95% percent employee participation in workplace wellness programs supported by an allowance model.
Espresa empowers companies to provide world-class on-site programs that employees love and associate with the best places to work. As the world’s first employee programs automation platform, Espresa is dedicated to helping benefits teams manage, scale and measure all their workplace employee programs. Companies can now easily manage their health, fitness and wellness programs; company events; lifestyle services; employee resources groups; and rewards, recognition and reimbursement programs.
Espresa is headquartered in Palo Alto, California. Learn more at Espresa.com