Are you looking to make the most out of the benefits of your organisation? As an employer, you invest your time and money in providing a benefits package to attract the best possible talent to your organisation. And then you experience low take-up rates, and you might wonder why do you bother?
In a world of convenience and easy access to information 24*7, an employee benefits platform can be an efficient way of reaching your employees and building engagement.
How do you reach your employees?
It is recognisably a challenge to communicate to all your employees through one communication channel.
An ‘all staff’ email has limited reach to those who may not be available on the computer all day and for those who tend to be busy and may overlook internal emails.
By analysing how to communicate with your employees against take-up rates of your staff benefits, it is imperative that you identify if there is an issue.
How do you currently organise your employee benefits?
Are all your employee benefits in one place? Or do your employees need to speak to HR for some and visit a supplier’s website for others? A spread out process can be extremely daunting for both the HR team and all the employees. No wonder why to take-up rates are low!
An employee benefits portal is known to house all your employee benefits, HR policies and procedures all in one place.
Not only does this dramatically reduce the administration for your HR department, but it also makes it easier for the employees of your organisation to see what you are offering, and more importantly, how to sign up for the benefits.
Is it worth the investment?
Increasing employee benefits such as salary sacrifice schemes can make them better than cost-neutral, which equates to significant savings for the employer. Off-setting the potential savings against the original investment shows that implementing an employee benefits platform can make perfect sense.
It is essential to add value to your employee benefits platform to ensure your employees access it regularly. Some of the benefit programs include lifestyle discounts covering everything from everyday shopping to holidays and household necessities. This means that the employees get payback too!
In conclusion, you as an employer should connect with a reputable company for global digital reward solutions.
