Proprietary Giving-as-a-Service (‘GaaS’) technology uses well-being goal achievement as the key to unlock corporate dollars for employee donation to causes aligned CSR, ESG and DEIB strategic objectives.
GAITHERSBURG, MD / ACCESSWIRE / September 14, 2023 / Today Givhero, the startup backed by TEDCO (Maryland Technology Development Corporation), the University of Maryland Momentum Fund, and Conscious Ventures, announced the release of its 2nd generation social impact well-being platform that motivates employees to engage in programs across physical, social, emotional, financial, and cyber dimensions while delivering immediate well-being ROI on corporate philanthropy.
Powered by proprietary Giving-as-a-Service (GaaS) financial technology, Givhero’s fully automated solution lets employees’ self-direct corporate donations to causes aligned with Corporate Social Responsibility (CSR), Diversity, Equity, Inclusion, and Belonging (DEIB) and Environmental, Social, and Governance (ESG) initiatives when program goals are achieved. “Our employees love the ability to direct donations to causes when they meet their well-being goals,” said Susan Stephen, Director, Benefits & Wellbeing at IPG Health Group, adding that “Our HR team is really impressed with how easy implementation is; the platform automates program administration which saves us time and effort. We’ve really embraced the Givhero system.”
Givhero leverages its proprietary data lake of over 60M transactions to optimize programs for global employers including IPG Health, Appian, DraftKings and Rakuten Viber, increasing employee engagement by over 50%, reducing HR admin time by up to 80%, and compounding the impact of planned philanthropic budgets.
Givhero’s mobile solution lets HR teams customize, run and measure social impact well-being programs globally, inspiring employees to improve their well-being and community by empowering them to direct corporate donation dollars to causes aligned with CSR, DEI and ESG initiatives when well-being goals are achieved. Powered by proprietary Giving-as-a-Service (GaaS) financial technology, Givhero increases employee participation by over 50%, reduces HR admin time by up to 80%, and generates immediate well-being ROI on corporate philanthropy.
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