Chime Enterprise has announced three of the latest employers that have adopted its financial wellness suite, Chime Workplace.
Chime Workplace is an enterprise financial health solution that includes financial tools such as earned wage access, a high-yield savings account and credit-building tools, Chime Enterprise, the enterprise division of Chime, said in a Monday (Feb. 23) press release.
Employers that recently adopted Chime Workplace include Cedarhurst Senior Living, a caregiving firm based in St. Louis; eXp Realty, a cloud-based real estate brokerage headquartered in Bellingham, Washington; and LRS (Lakeshore Recycling Systems), a waste and recycling services provider headquartered in Rosemont, Illinois, according to the release.
Allie Rapini, director of human resources at Cedarhurst Senior Living, said in the release that workforce stability directly impacts the resident experience in senior living and that the company evaluated its benefits offerings to promote long-term engagement among its caregiving and operations teams.
“We recognized that comprehensive financial wellness tools can play an important role in strengthening retention and supporting employees through real-life financial needs,” Rapini said.
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Robert Rustman, vice president of human resources at LRS, said in the release that LRS sees the connection between employee financial health and overall well-being and safety, and has evaluated several financial wellness solutions over the years.
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“Chime’s comprehensive, fee-free approach stood out as the right solution for us at this time, offering practical support that meets the everyday financial needs of our workforce today and over the long term,” Rustman said.
Jason Lee, chief of Chime Enterprise, said in the release that employers are increasingly adopting holistic financial wellness platforms that reduce employees’ financial stress and support productivity at scale.
“Chime Workplace gives enterprises a practical, scalable foundation to strengthen workforce readiness without added complexity or cost,” Lee said.
Chime announced the launch of Chime Enterprise in June 2024, saying this business unit would focus on accelerating Chime’s growth through the employer channel.
The company announced in August that the Workday Wellness employee benefits platform would integrate Chime Workplace, enabling employers to offer additional benefits.
In November, Chime Enterprise said that UKG, a platform for human resources, pay and workforce management, added Chime Workplace to its UKG Marketplace.
