Vebnet and Standard Life announce the launch of their Box of Benefits (BOB). BOB is an off-the-shelf employee benefits solution designed specifically for UK-based SME companies.
This new proposition has been built using technology from Vebnet, a market-leading provider of technology and services for reward and benefit strategies, and is based on insight from employers looking for a packaged solution.
The business of selecting and managing benefits can take a lot of time, administration and money, however BOB makes it easier for employers to offer their employees great staff benefits packages including a pension, because it is simple to manage and affordable. This is achieved through a single online portal that helps with employee benefits management, the administration of the benefits and reporting requirements.
BOB can be personalised for every company and implemented quickly. Employees receive access to BOB’s user-friendly online technology, with the option to choose from a range of employee benefits, including childcare vouchers, money off bicycles, dental insurance, private medical insurance, pension and travel insurance.
Gerry O’Neill, managing director of corporate solutions said: “Most employers now realise the value of a good benefits package. But for some there is still the concern that it is going to be too costly, or that the administration will take up too much time. Box of Benefits can solve these problems through a boxed up solution that makes flex cost-effective.”
Via EPR Network
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