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new york, March 18, 2024 /PRNewswire/ — salt labthe latest employee compensation solution for frontline workers, today announced the creation of its first relief fund for the hundreds of thousands of employees affected by recent sudden factory closures. . san diegoBased on Blueboard, it is an experiential employee recognition platform.
This relief fund is set aside for employees of Blueboard clients who are no longer able to receive pre-funded incentives due to the company’s unexpected closure in April 2018. I did. March 12, 2024. Assigned by Salt Labs $20,000 This includes employees of affected companies who have already redeemed a rewards experience or who planned to redeem an experience in the near future. This allows these employees to maintain continuity in earned rewards and allocate Salt in exchange for things of similar value, from financial products to memorable experiences within Salt’s curated collection. You will be able to do it.
“Employee compensation is an important part of the employee experience, and we are saddened by the news of Blueboard’s sudden closure, which has negatively impacted many companies and their employees.” jason lee, Founder and CEO of Salt Labs. “We established this industry-first relief fund to provide well-earned compensation to businesses and their employees.”
If you are a former Blueboard customer and would like to consider participating in the relief fund, please fill out the form on the Salt Labs website or contact us by email. [email protected] by then at the latest Wednesday, March 20, 2024 in 6:00 PM (EST). The consideration process will prioritize employers with large populations of field and hourly workers. Approved employers receive an allocation of salt to provide to affected employees based on their unmet Blueboard redemptions and can redeem that salt for rewards in collections.
For more information please contact us [email protected].
About Salt Lab
Salt Labs’ mission is to empower frontline workers to own the long-term value of their work. We envision a future where workers can earn value for their work beyond hourly wages, leading to long-term wealth creation and more active participation in the workforce. To accomplish this mission, we have built an unprecedented earned loyalty asset that leads to higher levels of retention and productivity.
Salt Labs was founded in late 2022 by a team that includes repeat founders jason lee and rob lowewho founded DailyPay 2 billion dollars HR and FinTech company.
SOURCE Salt Labs, Inc.
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