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 December 31, 2023

15494

Workers employed by our portfolio companies

50.1%

Invested in Working Class Areas or are Substantial Employers of LMI people

26.3%

Adoption of third-party solution providers

3295

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

9

Health & Wellness

4

Education & Training

3

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.