Flexible Benefits
A digital solution that allows employees to customise their benefits package according to their individual needs and preferences.
What is a Flexible Benefits Platform?
A Flexible Benefits Platform is a digital solution that allows employees to customise their benefits package according to their individual needs and preferences. This technology-driven system enables organisations to offer a wider range of benefits while giving employees the freedom to select and manage their choices through a single, user-friendly interface. By implementing a flexible benefits platform, companies can create a more personalised and engaging employee experience, ensuring that their benefits offering caters to a diverse workforce with varying needs and life stages.
Businesses are increasingly adopting flexible benefits platforms to modernise their employee benefits strategy. It is an efficient way to deliver maximum value to employees while optimising benefit spend and administrative resources. As workplace demographics continue to diversify, flexible benefits platforms are becoming essential for maintaining competitive advantage in talent acquisition and retention. These platforms can be implemented either as a standalone solution or integrated with existing HR systems, payroll, and benefits providers.
What Flexible Benefits Platform features should you look for?
- The range of benefits that can be offered through the platform
- The user experience and interface design for employees
- What administrative capabilities are included e.g. reporting tools, automation features, compliance management
- Integration capabilities with existing systems
- Can it support your benefits communication strategy?
- The level of customer support provided for both HR teams and employees
- How easily can benefits be adjusted and updated (NB: if changes require extensive technical support this can increase ongoing maintenance costs)
What are the key benefits of a Flexible Benefits Platform?
- Enhanced employee satisfaction through personalised benefits choices
- Improved operational efficiency with streamlined benefits administration
- Better visibility and control over benefits spend
- Higher levels of benefits engagement and appreciation
Description
Ben is a comprehensive employee benefits platform that enables companies to design, manage, and scale personalised benefits programs across multiple countries.
Scaling businesses looking for global benefits and flexibility.
Not listed on the website, get in touch with their team for more information. They offer three packages based on employee size: Essentials (250-750), Scale (751-5,000) and Enterprise (5,000+)
Itsu, Pleo, Zalando, Octopus Energy and Thriva
- · Flexible Spending Allowance
- · Global Benefits Management
- · Benefits Marketplace
- · Reporting, Analytics & Payroll
A flexible benefits platform that helps employers provide tailored employee benefits, wellbeing solutions, and engagement tools.
Mid-market and enterprise companies seeking global and personalised benefits
Different pricing options are available, reach out to their team to learn more.
Over 3,000 customers including Salesforce, BT, M&S, Budweiser and Microsoft.
- · Benefits Administration Hub
- · Employee Engagement Portal
- · Benefits Marketplace
- · Advanced Analytics Suite
Personalised benefits for employees to choose what’s right for them, and tools for managers to engage their teams.
Scaling companies with remote or hybrid teams.
Pricing is not listed. There are two tiers, Premium and Enterprise,
Google, NatWest Bank, The Metropolitan Police
- · Employee Benefits Marketplace
- · Personalised Employee Portal
- · Analytics Dashboard
An all-in-one employee benefits and rewards platform offering perks, discounts, and wellbeing resources to improve employee engagement and satisfaction.
Small to medium-sized businesses looking to boost employee engagement and retention
Differs depending on company size. Contact Perkbox for more information
Over 3,500 businesses including Bosch, Muji, Flight Centre and Schuh
- · Global Perks and Discounts
- · Recognition and Rewards
- · Wellbeing Platform
- · Insights Dashboard
- · Celebration Hub
An employee experience platform including flexible benefits, employee recognition, rewards, communications, surveys, and well-being programs.
Mid-sized businesses seeking an all-in-one employee engagement platform
Starts at £8 per employee per month for companies with less than 100 employees. Tailored pricing and customisation packages are available for companies with over 100 employees.
Over 6,000 customers worldwide including Samsung, Deloitte, M&S and Charles Tyrwhitt
- · Employee Recognition
- · SmartSpending™ App
- · Powerful communication tools
- · Wellbeing Center
A next-generation benefits platform offering a comprehensive solution that enhances employee engagement, reduces administrative burdens, and provides a flexible approach to benefits management.
Small to medium-sized UK businesses looking to modernise their benefits offering.
Zest does not list pricing on its website. They have three packages: Standard, Advanced and Enterprise.
Over 500 customers including Hargreaves Landsdown, Zoopla, Travis Perkins and Taylor Wimpey.
- · Employee Benefits Portal
- · Flexible Benefits Administration
- · Total Reward Statements
- · Benefits Analytics Dashboard