RICHMOND, Va.--(BUSINESS WIRE)--Today, Navigate Wellbeing Solutions, the national provider of employee engagement and wellbeing solutions for organizations, together with lifestyle benefits company Fringe announced they are joining forces to improve employee engagement, happiness, and wellbeing amidst skyrocketing burnout rates.
Navigate is a purpose-driven employee engagement technology company that aims to spark a cascade of positive change for employees’ health and wellbeing. The company assists organizations by connecting their business goals, purpose, and values with wellbeing opportunities for employees, motivating and incentivizing them to put their health and wellbeing first. Navigate will be leveraging Fringe’s lifestyle benefits marketplace to provide customers with more meaningful, personalized rewards that support people’s near and long-term wellbeing journey. Fringe’s all-in-one platform features over 130 different apps and services that spark joy and bring immediate value to peoples’ lives, including Instacart, Netflix, Bouqs, Shipt, Turo and more.
Burnout — officially recognized as a clinical syndrome by the World Health Organization in 2019 — is an increasing threat to the mental and physical health of employee populations, only exacerbated by the COVID-19 pandemic. A recent study by Indeed shows that employee burnout is at an all-time high: 67% of respondents believe that burnout has worsened over the course of the pandemic. Another study by Guardian shows that, “70% of employees strongly agree: ‘I am more likely to be loyal to a company that offers me employee benefits that are personalized to my needs.’”
Through the many challenges of the past eighteen months, Navigate and Fringe are supporting the overall wellbeing of employees by providing lifestyle benefits to meet everyday needs: from mental health support to deliveries to fitness classes. In a survey of its users, Fringe found that 8 in 10 employees believe the company’s lifestyle benefits have increased their loyalty to their company.
“Employers across the U.S. are looking for more meaningful ways to show their team members they’re valued — whether those employees are new to the workforce and getting support for student loans, coming back from delivering a baby and accessing postpartum return-to-work assistance, or caregivers looking to support aging parents,” said Troy Vincent, Founder and CEO of Navigate Wellbeing. “Navigate is proud to partner with Fringe to bring together a first-of-its-kind personalized engagement solution that gives employees the ability to choose the lifestyle benefits that are the most meaningful for them - all in one platform.”
“With rampant pandemic burnout, employee happiness and wellbeing has never been more critical, both for the health of the employee and the employer,” said Jordan Peace, Co-founder and CEO, Fringe. “We’re thrilled to be partnering with Navigate to bring personal, meaningful benefits to their customers’ employees so they can reclaim their joy - both at home and at work.”
As a result of this partnership, the companies together are making a positive impact on the lives of over 1.5M users currently on the Navigate platform and the HR benefits administrators that are working every day to make those employees’ lives better. The joint solution will be available this fall for customers within the Navigate Wellbeing ecosystem.
About Navigate Wellbeing Solutions
Navigate is a purpose-driven employee engagement technology company helping organizations spark positive change in the employees, clients, and communities they serve. Navigate's platform brings all aspects of health and happiness together with a single point of entry to a comprehensive engagement and benefits ecosystem. For over 10 years, Navigate has assisted organizations nation-wide across thirteen different industries by connecting their business goals, mission and values with tailored wellbeing solutions for their teams. Navigate is headquartered in West Des Moines, IA. For more information, visit https://www.navigatewell.com.
About Fringe
Fringe is the lifestyle benefits platform that is redefining employee perks and benefits for the new world of work. Offered through employers or partners, Fringe’s all-in-one platform provides people with lifestyle benefits, wellness incentives, rewards and recognition, peer-to-peer giving, employee donations, recruiting incentives, and so much more. The first lifestyle benefits marketplace built for the flexible workplace, people can select from over 130 different apps and services that spark joy and bring immediate value to their lives. For more information, visit https://www.fringe.us.