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Michael Ross
Senior VP @ Tapcheck Inc. | MBA, Strategic Partnerships
Michael Ross is a versatile Technology and Finance Professional with diverse experience in Strategy, Product Management, Sales, Business Development, and Operations.
With a robust background in working with both start-ups and Global 500 companies, Michael has honed his skills across various industries including Financial Services, Media & Entertainment, Software/Technology, Life Sciences, Healthcare, and Retail sectors.
In previous roles, Michael spearheaded Strategy and Business Development initiatives for well-known companies like Indeed, ZipRecruiter, and RepairSmith, focusing primarily on partnership programs to drive customer acquisition at scale.
Currently serving as the VP of Strategic Partnerships at Tapcheck, Michael is leading efforts to expand the strategic partnerships network targeting acquisition of Mid to Enterprise-sized employers in the Corporate Benefits, HRIS, HCM space.
Michael's educational background includes a BSE in Computer Science & Engineering from the University of Pennsylvania and an MBA in Venture Capital and Entrepreneurship from UCLA Anderson School of Management.
Throughout his career, Michael has held key positions at notable organizations such as Tapcheck Inc., Confluence Venture Partners, RepairSmith, ZipRecruiter, Indeed.com, Vonjour, Credit Suisse, Google, Redpoint Ventures, Momentum Venture Management, SightCine, JPMorgan Chase, GTECH Corporation, IGT, CapitalThinking, and Viant Corporation.
Highlights
It was a privilege - and a lot of fun too - to represent Tapcheck at Lincoln Healthcare Leadership's 2024 LTC 100 in Utah, the premier executive leadership conference for the long-term care/post-acute industry.
Employee engagement, recruiting, and retention are persistent and pervasive issues that are dramatically impacting patient continuity and quality of care and the bottom line, in an industry with razor thin margins. Looming federal staffing mandates will only exacerbate the issue with potential fines for non-compliance and negative impacts on star ratings, which impact payer relationships and consumer perception (i.e. patient acquisition).
Tapcheck's free financial wellness platform, with the highest precision on-demand pay (AKA Earned Wage Access or EWA) offered in-market, addresses all of these issues. Happier, more engaged employees show up on time, work more shifts, and have longer job tenure. For the patient, this translates to fewer caregiver changes and better overall relationship and care consistency. For the operator, this improves business performance and profitability - all at no cost. The ROI on Tapcheck is, quite literally, infinite.
Hard to believe? I had a chance to sit down with a long-time practitioner for a marathon 90-minute conversation about EWA's impact. With ~60% of employees registered, and ~80% of those making at least one early wage withdrawal a month, the company measured employees using EWA had an average tenure 24% longer than those who did not. Given the size of the organization, this translated into roughly $5M in employee replacement cost savings annually, and this is only one of several success metrics!
Tapcheck's 200+ integrations and partnerships with the industry's most common payroll and time platforms, enables our precision and the seamless enablement of our benefit with minimal process changes and no impact to cash flow. Special thanks to the Future Care Consultants, Smartlinx, WellSky, and UKG teams for their collaboration. Marc Bodner, Brenton, Stuart Paul, Roger Lusins, JENNIFER ADAMS, Frank Grogan, Baris Vural, Darlene Reinke, Dave Schleicher, Denise Vlantis, Jennifer Ellis, Israel Rosenberg, Mitchell Morgan, David Sisney.
Tim Craig thanks for opportunity to participate and hats off to the entire Lincoln Healthcare Leadership staff for producing such a great event. Jeanette Lynn Cathy Ronca Chris Babbidge Brian Zavoluk Emily Bracken Jim Kovac Jen Cross Michael A. Morrissey. Looking forward to next year!
Employers/Operators interested in learning more? Visit: https://lnkd.in/g-mkBXuY
Partners interested in learning more? Visit: https://lnkd.in/g9mq6Z5B
Tapcheck works with WellSky to enable our financial wellness with the highest precision on-demand pay offering available for tens of thousands of caregivers. When agencies want to care for their employees as well as they care for their patients, they turn to Tapcheck. The result: measurably improved employee wellness AND agency performance and profitability.
Sean Dougherty facilitates a panel of our mutual customers who have seen, firsthand, the power and positive impact of Tapcheck's platform on their employees and agencies.
If you're an hourly employer, in the homecare space or another industry, Tapcheck's 200+ integrations with payroll and workforce management platforms, like WellSky's, drive the highest employee participation and best outcomes for your business.
Two weeks is too long, there's a better way to pay. If you agree and want to learn more, message me or let us know: https://lnkd.in/dQAQDn84 e: [email protected] p: (747) 223-6747
#ewa #ondemandpay #payroll #financialwellness #healthcare #homecare
