In December 2021, there were around 10.9 million job openings in the United States, and the workforce turnover rate still remains high. Employers have started to pay attention to these trends and have begun to rethink benefits for their current employees and as they hire.
According to a new survey conducted by The Harris Poll, employees are placing health and wellness stipend benefits high on their “must-have” list, only second to improved dental and vision coverage. 72% say health and wellness stipends are critical, according to the survey. Not to mention, employees with student debt rank repayment as their number one benefit, over 401k (Oliver Wyman Report).
In the last two years, the labor market has shifted. Employees are looking for a true work/life balance, financial freedom, and physical and mental wellness. They are also making these desires known, holding their employers accountable to provide these upgraded benefits or walking out the door.
However, as HR departments across the country know, implementing new employee benefits and perks can be costly, not to mention time-consuming by researching the best perks for your employees. Luckily, adding benefits doesn’t have to mean breaking the bank or doing extensive research. Adding customizable lifestyle stipends can be simple, affordable, and personalized.
That’s where ThrivePass has you covered. In addition to the existing products you know and love, we’re introducing 3 new benefits.
An Expanded Marketplace:
We’re excited to announce the launch of an Expanded Marketplace within the Thrive Account. Employees will easily be able to shop additional products in our fully integrated Marketplace portal.
- Employees will have access to dozens of trusted brand products including Apple, Bowflex, Yeti, and Ring
- The expansion will extend to international employees – Coming soon!
- Curated product offerings extend to our Work Anniversary Program
- Free 2-day shipping with all orders
Student Loan Repayment Integration:
Our new direct loan repayment integration comes standard with our Tuition Reimbursement Program. Employees can securely connect their accounts to have funds automatically applied to their loans according to customized plans. We cover repayment to 99% of public and private student loan servicers.
Company Swag Storefront:
We’re expanding our product range to include Swag! This enhanced feature provides high-quality, customized products that employees can choose from to showcase their company.
- Employees can choose from a wide range of products including T-shirts, speakers, coffee mugs, tumblers, and bags
- ThrivePass will drop ship all items, meaning no inventory to manage
- Employers are only charged for ordered products
- Offerings extend to international employees
It’s time to give employees what they’re really looking for.
Ready to learn more? Speak with our team.