As employees become increasingly scattered across the globe (57 million expats predicted by 2017*), so are the HR, payroll, finance and management functions of an organisation, all who may have a vested interest in accessing a real-time picture of employee benefits. With this in mind, Jelf Employee Benefits has today released two new white papers, both on the theme of benefits technology, to help employers work towards a more consolidated approach to managing their employee benefits.
The first, International Benefits Management – managing your global benefits strategy, is aimed at UK employers who are 2-3 years into an international expansion plan and who want to streamline processes online for their overseas operations. It will bring employers up to speed on successful benefits rationalisation and governance and improving international employee engagement via Total Reward Statements. Download the white paper.
The second, How to choose a flexible benefits provider, looks at some of the key employer considerations when reviewing and choosing a flexible benefits provider. Eighty per cent of employers with more than 100 employees offer some form of flexible benefits scheme compared to just 11% a decade ago, so the emphasis is less about whether or not to offer flex and more about ensuring that it is delivered in a personalised way. In particular, meeting the needs of the tech-savvy ‘Generation Z’ is going to be of increasing concern to employers. Download the white paper.
Richard McKinley-Price, head of benefits management at Jelf Employee Benefits said:
“There is a plethora of employee benefits and flex platforms on the market at the moment, so it’s vital for employers to really take time to consider what expectations and requirements they have for their organisation both now and in the future.
“Our experience shows that one of the most critical assets is the ability to access information in real time across multiple locations in order to make immediate decisions. In addition, the ability to add extra functionality as the needs of the company evolve rather than repeatedly switch platforms is also a priority.
“Our whitepapers are aimed at being food for thought for all parties involved in reviewing or selecting a benefits platform for their organisation.”
*According to Staffcare in 2014.
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