In This Post:
Presenters:
Matt Szenderski
RVP of Strategic Alliances
Jenna Carter
RVP of Strategic Alliances
Last week, during our weekly Meet a Vendor webinar series, we had the pleasure of hosting Matt Szenderski and Jenna Carter, RVPs of Strategic Alliances at Espresa.
In this engaging session, Espresa’s experts showcased their innovative approach to modern employee benefits, focusing on flexible funding options that elevate the employee experience and boost engagement. They also provided actionable insights on budgeting and implementation, backed by real-world client case studies that demonstrated the impact of their solutions.
A fresh approach for a new era
Global, modern, and innovative HR technology is transforming personal benefits, ushering in a new era of well-being strategies that are:
- Holistic and aligned with Total Rewards
- Employee-centered and tailored to individual needs
- Personalized, offering rewarding and engaging programs
- Focused on delivering measurable value on investment
- Inclusive on a global scale, supporting diverse workforces
- Designed with lower platform fees
- Culturally relevant and supportive, driving increased engagement
Research shows that aligning benefits with workforce needs significantly improves retention:
- 66% of employers view health and well-being as essential to their workforce strategy in 2024.*
- 50% of U.S. employees believe that well-being programs enhance a company’s appeal to potential hires.**
- Employees are 30% more likely to stay with their current employer when benefits offerings meet their needs.***
*2024 Business Group on Health HCS Survey
**2022 Alight International Mindset Report
***2022 Global Benefits Attitude Survey
LSAs impact a wide range of employer concerns
Lifestyle Spending Accounts (LSAs) offer a versatile solution that tackles multiple employer challenges, including:
- Consolidating point solutions
- Attracting and retaining top talent
- Personalizing benefits to meet diverse needs
- Enhancing the overall employee experience
- Targeting and segmenting specific workforce populations
- Expanding well-being support
- Integrating with Total Rewards programs
- Boosting engagement by over 80%
- Supporting DEI, ESG, and SDoH initiatives
- Providing inclusive support for a global workforce
About Espresa
Espresa is a leader in providing Lifestyle Spending Accounts (LSAs) through the industry’s only platform dedicated to total employee well-being, community, and recognition. Their ecosystem of non-traditional benefits enhances the employee experience by offering flexible, personalized options.
Espresa empowers HR and people teams with a modern, mobile-first platform that employees love, delivering a seamless digital experience. With a focus on data-driven insights, Espresa helps HR teams become strategic heroes, driving engagement and proven results across the organization.
Espresa Lifestyle Spending Accounts
Espresa’s Lifestyle Spending Accounts (LSAs) offer a comprehensive, globally available solution powered by cutting-edge technology. Key features include:
- A wide range of benefit categories, including well-being, office work, childcare, education, financial wellness, and more
- Flexible administration options, such as payroll integration, global marketplace access, and debit cards
- Expert human adjudication for seamless processing
- Dynamic LSA funding options tailored to employer needs
- Integrated solutions that support a holistic total rewards strategy, enhancing the employee experience.
Well-being and challenges
Espresa empowers organizations to enhance employee well-being and sustain engagement through unlimited challenges and event management, all built into its comprehensive platform. Designed to be mobile-first and globally accessible, Espresa’s total well-being solution integrates wellness partners to provide biometric screenings, physical and mental wellness resources, coaching, and more.
Employees also gain access to high-quality, cinema-grade well-being content, allowing them to immerse themselves in wellness anytime, anywhere.
Get in touch with the Espresa team today!
Espresa is your solution for connecting people across the globe. With Espresa’s Lifestyle Spending Accounts (LSA) and LSA Plus™, you can deliver personalized benefits in any language and currency, reaching employees everywhere. Contact the Espresa team today to explore how you can achieve success together.
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