Club Employés and Weavr collaborate to give employees control over benefits
The European employee benefits platform, Club Employés, has formed a partnership with embedded finance experts, Weavr, to introduce a debit card solution tailored for employee benefits.
This innovative approach allows employees to select the perks they prefer, enhancing their engagement with the benefits offered by their employers.
A recent study revealed that 79% of people who left their jobs did so due to feeling underappreciated. Club Employés aims to address this issue by providing employees with a selection of relevant offers, discounts, and exclusive experiences accessible through their app. Currently, the platform boasts over 1 million active users from 4,000 corporate clients.
By leveraging Weavr’s Employee Benefits solution, the Club Employés card enables employees to choose their benefits independently. The card offers access to a vast array of perks, including 98% coverage of French cinemas, over 500 leisure parks, 3,000 gyms, and thousands of concerts and shows. Initially available in France, with plans to expand globally, the card allows employees to access more than 500,000 deals at competitive rates in both well-known brands and local shops.
The industry has long struggled with low employee engagement in benefits programmes. This partnership addresses the issue by providing employees with complete transparency and control over their benefits budget in a familiar payment format. Club Employés showcases how employee engagement with benefits can be enhanced through flexible, convenient, and user-centric solutions, with financial services playing a crucial role.
Speaking on Weavr’s new partnership with Club Employés, Alex Mifsud, CEO and Co-founder of Weavr commented: “At Weavr, we’re passionate about using embedded finance to revolutionise existing industries by injecting additional value through integrating financial services. This is especially true with Club Employés’ employee benefits solution, which directly targets the very real issue of employee churn resulting from a lack of appreciation in the workplace. We’re excited to see how embedded finance transforms the freedoms of these end users.”
Speaking on the new partnership, Romain Rostagnat, CEO and co-founder at Club Employés commented: “Club Employés has been in pursuit of revolutionising the employee benefits landscape since 2016, offering businesses an efficient route to improving employee satisfaction. We chose Weavr as it was the most complete solution that offers the best combination of speed to market, simplicity to run and seamless customer experience. In the next phase of Club Employés development, as we are confident the team will help us with our international expansion and product development goals.”