Case Study: Morningstar achieves global flexible benefits engagement with Espresa

Morningstar delivers a global benefits strategy with Espresa, supporting 13,000+ employees across 29+ countries

Morningstar, a leading investment research firm, faced the challenge of transforming its legacy education stipend into a globally scalable benefits program. They partnered with Espresa to create a flexible Lifestyle Spending Account (LSA) that could support employees across more than 29 countries while maintaining the company's strong culture of learning and development.

By implementing Espresa's solution, Morningstar successfully launched a unified global flex stipend experience. The results were significant, with approximately 85% employee participation and over $5.7 million reimbursed through education and wellbeing benefits. Espresa's platform enabled Morningstar to simplify payroll and compliance while achieving consistent employee engagement, with an average of 3.5 activities per user.

Morningstar