Xponential Fitness, the largest global franchisor of boutique fitness brands, has recently partnered with Gympass, the world’s leading corporate wellbeing platform. Through this collaboration, subscribers on Gympass will now have access to ten leading fitness brands across the U.S., including AKT, BFT, Club Pilates, CycleBar, Pure Barre, Row House, Rumble Boxing, StretchLab, STRIDE Fitness, and YogaSix.
With Gympass, employees can experience these fitness brands and their physical and mental benefits at a lower cost, as it is offered as a benefit of their employment. The goal of this partnership is to make wellness benefits accessible and affordable for all individuals, allowing employees to prioritize their wellbeing in a cost-effective and flexible manner.
Cesar Carvalho, CEO and co-founder of Gympass, stated that their mission is to make wellbeing universal by empowering everyone to lead healthier and more active lives. By adding Xponential Fitness to their network, members will have access to top fitness brands like Rumble Boxing, Club Pilates, and Pure Barre. This partnership is not only beneficial for employees but also for employers, as it promotes employee activity and wellbeing, ultimately leading to increased loyalty, retention, and satisfaction rates.
Steve Pankowski, EVP of Strategic Partnerships at Xponential Fitness, expressed excitement about making their unique fitness brands accessible to Gympass subscribers. He believes that this partnership will bring wellness closer to individuals and companies, providing a diverse range of fitness choices that cater to every preference and skill level. Both Gympass and Xponential Fitness share a commitment to making wellness an achievable goal for everyone.
The importance of employee wellbeing cannot be overstated. According to Gympass’s 2024 State of Work-Life Wellness report, 87% of employees would consider leaving a company that does not prioritize employee wellbeing, and 93% of workers consider their wellbeing to be equally important to salary. This partnership between Gympass and Xponential Fitness offers employers an opportunity to cultivate a strong culture of wellbeing within their organizations, resulting in improved employee loyalty, retention, and satisfaction rates.
Gympass is a leading corporate wellness platform that offers access to a network of gyms, studios, classes, personal trainers, and wellness apps. With over 15,000 companies using Gympass, employees can enjoy fitness and wellness options at a fraction of the cost of traditional memberships. Engaging in such wellness programs has shown to decrease turnover rates by 40% and save up to 35% on healthcare costs.
Xponential Fitness is the largest global franchisor of boutique fitness brands. With a mission to make boutique fitness accessible to everyone, the company operates ten brands that cover various fitness verticals, including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga. These brands offer energetic and personalized workout experiences led by qualified instructors in studio locations across the U.S. and other countries.
Overall, the partnership between Xponential Fitness and Gympass is a significant step towards making wellness benefits more accessible to employees. By providing access to a wide range of fitness brands and promoting a culture of wellbeing, both companies aim to improve employee health and satisfaction. With employee wellbeing becoming increasingly important in today’s workforce, this collaboration offers businesses an opportunity to attract and retain top talent.
