About

"The Way We’re Working Isn’t Working"

Every year in the U.S., employee stress costs employers $500 billion annually in the form of decreased performance or absenteeism at work. Coupled with another $1 trillion for employee turnover that is a total cost of $1.5 trillion every year, which amounts to 7% of the U.S. GDP ($20.93 Trillion). This is not a little problem. It’s a pandemic.

While not a disease, stress is a pandemic in the U.S. because it directly affects 80% of the population and indirectly affects the whole country. In other words, 8 in 10 employees experience stress on the job and 7 in 10 are “not engaged” or “actively disengaged” in their work. And what keeps us up at night is that behind these numbers are the people's lives that are filled with feelings of being trapped and defeated - that's approximately 110 million people! This anxiety spills into people's work and personal lives, leading to disengagement, decreased performance, increased absence, poorer mental, physical and financial health, and delayed retirement.

To make things even worse, the complexity of the ecosystem for benefits, incentives and expense management grows almost daily. Business leaders and HR and Finance professionals must grapple with a proliferation of online and offline services to improve employee retention and engagement levels. The problem will compound over the next few years unless something is done.

With a purpose to lighten and enlighten, our promise is to make everyone shine. We help businesses unlock the full potential of their people to succeed - to help people be their best and do their most productive work in an organization they love.

We're transforming the future of work by creating the technology to make people’s working lives simpler, more productive and more rewarding.

There is major disconnect between what HR and Finance teams are experiencing versus what is needed to support them and their employees. Everyone is incredibly frustrated by how hard it is retain and engage amazing talent. We share that frustration.

Delivering comprehensive employee benefits and incentive programs is a fragmented, manual process riddled with single point solutions that are woefully underused and only satisfy a small percent of teams.

And, don't get us started on the process for delivering rewards and recognition. Most solutions involve a rigid, muddled process undermined by outdated technology that turns off employees, HR and Finance managers. Gift cards not only present breakage, they're broken.

Plus, expense management processes are highly manual with a heavy administrative burden and fraught with long approval times.

Now, imagine a world where it's easy to enhance the employee experience, to provide health and wellness benefits and deliver a personalized total reward program that meet the needs of everyone in the organization from the CEO to every single employee. A world where it’s easy to deliver benefits that elevate business outcomes while saving time and money, all without any administrative burden.

We imagined it. And then we delivered it.

Wallit
Your People Success Platform

Michael Vien
Founder & CEO