Worker Solutions
We See how benefits can improve lives
Worker Solutions is Lafayette Square’s managerial assistance platform designed to connect portfolio companies with enhanced benefits to improve recruitment, retention, and productivity.
Results/Goals
Focused on Underserved Communities
We curate solutions that address worker needs and incentivize our portfolio companies to offer them to their employees. We believe by providing our portfolio companies with four domains of assistance to manage and optimize human capital, we can positively affect employee well-being, particularly for low-and-moderate income workers, and enhance our risk-adjusted financial returns.
1
Incentives, including provider discounts negotiated on behalf of portfolio companies
2
Analytics on human capital trends and benefits utilization
3
Services for employees through vetted third-party solution providers
4
Consultation for portfolio company management teams and HR leaders
Utilizing Workforce Data
We track the progress of our portfolio companies that have adopted Worker Solutions’ recommendations and overall employee uptake of benefits and services.
As of June 30, 2024
Workers employed by our portfolio companies
Invested in Working Class Areas or are Substantial Employers of LMI people
Adoption of third-party solution providers
Workers with access to enhanced benefits
Risk Mitigation
Worker Solutions seeks to improve employee well-being by connecting workers to a curated list of third-party providers that offer nontraditional benefits focused on improving financial security, health and wellness, and education and training.
Third-Party Solution Providers
Financial & Security
Health & Wellness
Education & Training
By delivering these benefits, we aim to reduce operational risk for our portfolio companies by helping them attract and retain talent and improve job quality.
Interested in learning more about how Worker Solutions can support your business?
Our team also supports clients beyond the Lafayette Square portfolio.
