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Espresa Launches Platform to Help Companies Organize, Manage and Scale Employee Resources Groups and Clubs

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Espresa,
the company that powers great workplaces, today announced a new feature
to address benefits teams' growing need to foster and promote employee
resources groups (ERGs). The new ERG management feature will allow
benefits teams to manage ERGs on the same automated platform that
manages all of their other workplace programs, providing them with an
unprecedented level of insight into the groups that exist, employee
group discovery and signup, attendance tracking, and employee
satisfaction with them.

"When an employee has a network of colleagues they view as friends, it
makes it more difficult for them to be tempted by other employment
opportunities," said Alex Shubat, CEO of Espresa. "This is the value of
ERGs, which are also important tools for bridging the gap between siloed
employees. Until now, there hasn't been a way for HR teams to
effectively manage, promote and scale their ERGs, so we built that into
the Espresa platform. HR benefits will continue to evolve, and it's
important for HR technology to keep up."

ERGs are affiliated subgroups of employees within an organization who
share distinctive qualities, interests or goals — including volunteer
programs, diversity groups, affinity clubs, professional development
groups, or new hire cohorts. They are valuable tools for increasing
employee retention, engagement and inclusion, which is why 90 percent of
Fortune 500 companies and many top employers — including Pandora,
Workday and Pinterest — have them.

  • Pinterest hosts Knit Con, a two-day conference in which employees lead
    sessions on their personal areas of expertise
  • Employee Belonging Councils at Workday seek to celebrate employees'
    passions
  • Google has tens of thousands of special interest groups, 19 of which
    are financially supported by the company
  • Pandora's ERGs represent a wide variety of professional topics,
    personal hobbies and interests

However, few are managing them effectively.

Using the Espresa platform, employees can easily discover ERGs — and
whatever else is 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. Additionally, benefits
administrators can:

  • Authorize employees to create, manage and promote events
  • Centralize and monitor ERGs to ensure compliance with company policy
  • Monitor how many of their employees are engaged and at what level
  • Look at the cost per user and determine which programs are most popular
  • See directly how their programs relate to employee satisfaction and
    retention
  • Quickly expand current programs

Companies already using the Espresa Platform see nearly 100 percent
employee participation in workplace wellness programs supported by an
allowance model.

"ERGs and employee clubs are essential components of a successful
corporate culture. They bond employees, break down silos and encourage
engagement," said Doug Inamine, former Chief People Officer at Kabam.
"Today's companies now expand the scope of traditional ERGs like
diversity and inclusion to include employee clubs like intramural
sports, wine Thursdays and travel groups."

A recent IDG white
paper
concluded that "a well-run and managed ERG program benefits
both employees and the business. Employees get the benefit of building
interpersonal relationships that make the workplace more welcoming and
enjoyable, while the business reaps the rewards from having a more
diverse and engaged workforce."

"Espresa is the leading technology addressing the HR needs of modern
companies," added Raghavan Menon, CTO of Espresa. "The platform features
everything the benefits department needs to effortlessly support, manage
and scale employee resources groups — in addition to all the other
complex workplace programs."

About Espresa

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

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