The right employee benefits strategy can make your people feel more valued, engaged and may reduce sickness absence, helping to shape the culture of your organisation.
With so much at stake, itās understandable that most employers have been adding layer upon layer to their benefits offering. Unfortunately, this hasnāt always achieved the desired outcomes. Itās now estimated that UK employers could be spending up to Ā£15bn on benefits staff do not want, with just 23% of employees in the private sector saying their current benefits package meets all their needs.
Fortunately, the rise in digitisation and generative Artificial Intelligence (AI) is now taking benefits personalisation to a new level. Improved analytics tools also deliver real-time data insights to help you optimise your benefits spend and align your strategy with wider business goals.
By selecting the right benefits technology, you can maximise return on your investment while attracting and retaining the talent needed for the future. Get this wrong and you can create or increase cyber-security and administration risks.
Some factors to consider when choosing your benefits technology:
Does it personalise employee content to boost engagement?
Can it deliver real-time data insights to reduce costs?
Which self-service elements does the platform provide you with, to avoid hidden costs along the way?
Will it genuinely free up your time when it comes to administration?
Whatās āunder the hoodā ā is it reliable to truly automate your processes and eliminate cyber risk?
Our award-winning employee benefits software makes benefits management simple, supercharging employee engagement and increasing benefit adoption. By underpinning your people, reward and benefits strategy, Darwin helps you provide your employees with a digital-first benefits experience, on-the-go.
Weāre actively building deeper integrations with providers, supercharging our platform with AI capabilities and creating research-led UX so that every touch point with your employees is frictionless and hyper-engaging.
For over 20 years, Darwin has been at the forefront of benefits tech. We now support over 3.3 million employees to connect and engage with their benefits.
See here how Darwin could help you and your employees, today.