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Launchways Announces Paycor as Their Newest Strategic Partner

Launchways Announces Paycor as Their Newest Strategic Partner

Launchways, a leading provider of human resources, employee benefits, and business insurance solutions today announced that it is taking on Paycor, a comprehensive HR software provider, as its latest strategic partner.

As a strategic partner, Paycor will work with Launchways to deliver meaningful content that helps guide CFOs in the world of HR. In many growing companies, financial leaders are finding themselves taking on responsibility for the human side of their organization. Through this partnership, Paycor and Launchways hope to help guide CFOs through people leadership best practices.

Paycor’s mission is to provide business leaders with the tools they need to empower their workforce. Their Human Capital Management platform streamlines key HR processes so that executives, HR professionals, and employees can focus on what really matters: building real human connections and fostering innovation.

“Paycor’s vision aligns perfectly with Launchways’ values, and we’ve collaborated frequently in the past. This commitment will help take our partnership to the next level” said Launchways CEO, Jim Taylor. Launchways helps businesses build strategic HR infrastructure and employee benefits programs that scale as the company grows in order to unlock the full potential of their workforce.

“At Paycor our top guiding principle is taking care of our clients. Through partnerships like Launchways we’re not only able to provide best-in-class human capital management technology, but share valuable thought leadership to help clients stay ahead of HR trends. We look forward to working with Launchways to continue providing unparalleled support to our joint clients” added Bob Balogh, Vice President of Channel Partnerships at Paycor.

Establishing effective, efficient HR systems that scale with the company as it grows can be a significant challenge to CFOs who find themselves taking on HR leadership roles. Through their partnership, Paycor and Launchways aim to make the process easier for finance leaders, especially in fast-growing technology companies.

About Launchways

Launchways provides business leaders with the resources and guidance they need to build scalable people processes to support long-term growth. Founded in 2009, Launchways has helped hundreds of growth stage businesses better approach the people side of their business through strategic solutions for human resources, employee benefits, and business insurance. For more information, please visit www.launchways.com.

About Paycor

More than 30,000 small and medium businesses nationwide trust Paycor to help them engage, manage and develop their people. Paycor is known for delivering the best unified HCM platform for the SMB market, but what makes us legendary is the total customer experience we provide, from responsive service and user-friendly design to expert partnership and thought leadership. Our unique combination of technology and expertise helps clients streamline every aspect of people management so they can focus on what they know best—their business and their mission. To learn how Paycor can help you make a difference, visit www.paycor.com.

Launchways Partners with FinTex to Host Panel With Some of the Brightest HR Minds in the Chicago Startup Community

Launchways Partners with FinTex to Host Panel With Some of the Brightest HR Minds in the Chicago Startup Community

Last week Launchways collaborated with FinTex to host an educational panel which focused on the HR issues startups face as they scale. FinTex is a nonprofit organization which provides local Financial Technology (“fintech”) startups with the education and resources they need to be successful. Having identified HR issues as a top challenge area for the Chicago fintech community, FinTex enlisted Launchways to host an educational event on the topic.

Launchways is a Chicago-based provider of strategic solutions for Human Resources, Payroll, and Employee Benefits. Launchways specializes in working with growing companies to help them get the people part of the business right. As a member of the vibrant Chicago startup community themselves, Launchways was elated by the opportunity to partner with FinTex to support their mission of educating local fintech leaders.

Launchways assembled a panel of expert HR thought-leaders representing some of the fastest growing companies in the Chicago fintech space. Panelists included:

  • Ryan Pollock, Managing Partner, Objective Paradigm
  • Carolyn Kwon Montgomery, VP of People, Pangea Money 
  • Carrie Gibson, Head of Talent Development Diversity & Inclusion, Avant

Launchways was also excited to welcome Jay Rudman, CEO, TopstepTrader, who gave the opening remarks at the event and is an active leader with the FinTex organization.

Launchways CEO, Jim Taylor, introduced the panelists and moderated the discussion throughout.

The topics covered during the panel included:

  • Recruiting: high-impact recruiting strategies and tips on how to create seamless hiring processes to build your team as you grow.
  • Retention: how to audit your company’s employee retention health and enact effective strategies that engage and retain your key employees.
  • Compensation/Equity: how to structure effective compensation packages and better understand how to reward and retain key employees with equity.

In case you missed the live event, you can stream the panel content on-demand anytime below:

Both FinTex and Launchways extend their sincerest gratitude to Convene, who sponsored the event by providing the venue.

Launchways Partners with CleverRX to Deliver Added Prescription Drug Savings for Clients

Launchways today announced a partnership with CleverRX to offer clients employee prescription drug discounts through the CleverRX Prescription Savings Card. CleverRX is a state-of-the-art pharmacy savings card provider that helps companies provide added value to their employees. Launchways is the first benefits broker in Illinois to offer the CleverRX program to its clients.

Launchways will offer CleverRX Prescription Savings Cards to its employee benefits clients as an added perk of being part of the Launchways benefits brokerage. “We are very excited to offer our clients this innovative solution to the challenge of rising prescription drug costs. Using CleverRX, our clients will be able to access significant savings for themselves and their employees” said Launchways President, Gary Schafer.

CleverRX can save users money regardless of their insurance plan by routing deep discounts on prescription drugs at the point of transaction, while also providing location-based price transparency through its user-friendly app. It can reduce the cost of filling a prescription by as much as 80%, and over 70% of Americans can save money using the card – including employees who opt for high-deductible health plans. As such, CleverRX is a worthwhile addition to any employee benefits package and can be a significant value add for employees. Best of all, CleverRX is completely free to use for companies and employees alike.

Launchways believes in helping our clients empower their employees to become better healthcare consumers. As Jim Taylor, Launchways CEO, noted, “We are proud to be the first benefits broker in Illinois to offer the CleverRX program. We believe in doing what’s best for our clients, and helping them do what is best for their employees, and CleverRX fits perfectly into that vision.”

Why CleverRX? What Prescription Drugs Cost Employers

Why did Launchways partner with CleverRX, and why should you be excited about this new offering? Prescription drugs are one of the main healthcare expenses for employers, so reducing the cost of prescriptions using CleverRX is an effective way to address this challenge.

Prescription drugs are a major driver of healthcare costs for patients and for employers. Drug prices increase an average of 4% a year and specialty drugs, already the most expensive category, increase by 21% per year. Prescription drugs have become the second greatest healthcare expense for companies and represent roughly a third of total healthcare costs for employers.

In an age of rising drug prices, and higher co-pays and deductibles, many employers are cutting coverage to manage their costs. But the reality is that you can effectively reduce healthcare costs without sacrificing the quality of your benefits offering. We explored how to address prescription drug costs in a previous article, but one clear way to save is to reduce the cost of drugs directly through a program such as CleverRX.

CleverRx is about more than just saving money for employers. Because CleverRX reduces employees’ healthcare costs, it is a great additional perk for companies to offer their employees. Improving your benefits package is a great way to boost employee morale, engagement, and retention. In 2016, Aflac found that 60% of employees would take a job with lower salary but better benefits, and that 42% of employees said that increasing benefits would help keep them in their jobs. Given that CleverRX is free for you and for your employees, why not offer it to your employees as an added benefit?

From significant savings on prescription drugs to attracting and retaining top talent, CleverRX can do a whole lot for your company. Ask our benefits experts how you can integrate the CleverRX Prescription Savings Card into your benefits package through Launchways.

About Launchways

Launchways provides business leaders with the resources and guidance they need to build scalable people processes to support long-term growth. Founded in 2009, Launchways has helped thousands of companies better approach the people side of their business through strategic solutions for human resources, employee benefits, and business insurance. For more information, please visit www.launchways.com.

About CleverRX

CleverRX offers a pharmacy savings card that works for you by partnering with the healthcare community to bring state-of-the-art, money-saving tools to patients and employees. CleverRX saves 80% off prescription drugs and often beats the average copay. It is also completely free for patients and employers. Now that’s clever! Learn more at www.cleverrx.com.

Launchways Partners with Chanté Thurmond to Deliver Strategic Diversity & Inclusion Consulting and Training Programs

Launchways is excited to announce a partnership with Chanté Thurmond, a leading Chicago-based D&I Expert and Executive Talent Consultant, to create a new series of Diversity & Inclusion training sessions and offerings scheduled to begin Spring 2019.

The goal is to leverage our mutual expertise to help our clients access diversity, equity and inclusion resources that will empower their workplace culture. We will develop webinars and training programs that will help leaders navigate D&I topics such as: workplace inclusion and accessibility, gender pay gaps, unconscious bias, employee resource groups, and more.

Launchways CEO Jim Taylor expressed his excitement for the new D&I initiative, saying “Diversity and inclusion are vital to the long-term success of any organization. Launchways is dedicated to helping companies achieve sustainable growth through a strong company culture and effective talent acquisition and retention. Chanté Thurmond’s expertise and the addition of D&I consulting to our repertoire is a major step forward in our mission.”

In addition to her consulting work, Chanté Thurmond founded The Darkest Horse in 2018 to change the national conversation about diversity and inclusion by inviting business leaders to share their stories. One of her aims in 2019 is to directly tackle D&I issues in the workplace through her partnership with Launchways.

Of her work at The Darkest Horse and her partnership with Launchways, Chanté Thurmond noted “Together, we stand in solidarity to commit our time, energy and resources to address workplace disparities and workforce inequities. 2019 marks a year of much-needed partnership, in which we forge onwards with strategic partners who share our passions, values and goals to help make workplaces become more inclusive. Jim Taylor and his team at Launchways are the epitome of strategic partners and multipliers.”

Why You Should Care About Diversity and Inclusion

What is Diversity and Inclusion and how can companies benefit by paying attention to them?

Diversity covers the area of inclusion, generally defined by hiring and promoting processes. Diversity trainings have been around for a long time, and many companies do include guidelines or quotas in their hiring protocols to increase gender and racial equity on their teams. However, companies frequently overlook promotion practices and long-term success of employees of different genders and races. The result is that many diversity programs function as damage control to protect the organization from perceptions of bias, and do not result in stronger teams.

This is unfortunate, because physical diversity at every level of an organization is a key driver of success. Recent studies show that greater gender and racial diversity each are directly correlated with increased profitability and value creation. Companies with the most women and minorities in leadership positions are between 20-30% more likely to achieve above average financial performance.

That is why inclusion is a necessary counterpart to diversity. Companies thrive when all employees are full team members with equal opportunities for advancement and share ownership over the company culture and mission/vision. Team members need to feel that they belong and can thrive at the company. Quotas and one-off trainings cannot achieve those results. Instead, leaders need to put every part of their company under the microscope to see how they can best serve all employees. Diversity and inclusion need to become integral parts of the company that are valued and lived by every day.

This can best be achieved through ongoing training and strategic policy changes, under the guidance of experienced D&I consultants. Every organization is different and solutions need to meet each company’s unique challenges. But with consistent, concerted effort and the right expertise, leaders can create more vibrant and successful teams.

Launchways is excited to offer the guidance that its clients need to foster true diversity and inclusiveness through its upcoming training programs, webinars, and consulting services in partnership with Chanté Thurmond.

About Launchways

Launchways provides business leaders with the resources and guidance they need to build scalable people processes to support long-term growth. Founded in 2009, Launchways has helped thousands of companies better approach the people side of their business through strategic solutions for human resources, employee benefits, and business insurance. For more information, please visit www.launchways.com.

About Chanté Thurmond

Chanté is a fierce advocate of equity & inclusion; gender parity and social justice initiatives. She is on a mission to learn the backstories of underrepresented leaders and share their voice with the world. Her expertise is in Organizational Development, Social Innovation, Health & Well-being and Community Engagement. In a previous life, Chanté’s work centered around cultivating strategic alliances between public and private sector leaders to reduce public health inequities and improve population health outcomes. She earned a Bachelor of Science in Nursing (BSN) from Mount Mercy University and a M.A. from St. Catherine University in St. Paul, MN.