How Technology Is Transforming The Employee Benefits Landscape
7 strategies shared by leaders
Posted on 02-26-2024, Read Time: 6 Min
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In the digital age, companies are constantly exploring innovative ways to enhance employee benefits through technology. We gathered insights from seven HR (human resources) and Benefits leaders, including CEOs and directors, to share their experiences. From leveraging employee recognition software to implementing AI for mental health support, discover how technology is transforming the landscape of employee benefits.
- Motivosity Enhances Flexible Benefits
- Multifaceted Tech Empowers Workforce
- Virtual Platform Merges Wellness and Skills
- App Offers Personalized Development Training
- Virtual Workspace Mimics Efficient Office
- Employees Drive an “Adopt a Feature” Program
- AI Mental Health Support Boosts Well-Being
Motivosity Enhances Flexible Benefits
We leverage Motivosity to improve our employee benefits and how team members can use those benefits. Although the heart of Motivosity is a peer-to-peer recognition software, it also helps us manage spot bonuses, milestone gifts on birthdays and work anniversaries, and big days like Christmas or Employee Appreciation Day.Motivosity includes a virtual Visa card, so when we give employees funds, they can spend it wherever Visa is accepted. It's a technology that gives us so much flexibility in helping employees enjoy more of their benefits.
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Logan Mallory, Vice President of Marketing, Motivosity |
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Multifaceted Tech Empowers Workforce
In leveraging technology to enhance employee benefits, our company embarked on a multifaceted approach to foster connectivity, development, and engagement among our workforce. Introducing a cloud-based collaboration platform and leveraging digital communication tools under the MS Office Suite has revolutionized remote working capabilities, enabling seamless communication and collaboration.Additionally, we have an AI-based internal feedback portal aimed at facilitating transparent communication among team members.
Moreover, the launch of a Learning Management System or LMS stands as a testament to our commitment to integrating technology into employee development. This platform provides access to training modules, virtual coaching sessions, and other resources, empowering employees to chart their own professional growth paths.
This strategic integration of technology into our systems not only empowers our workforce to stay ahead of the curve but also positions our company for long-term success.
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Gargee Davda, Principal Associate, NamanHR |
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Virtual Platform Merges Wellness and Skills
Beyond traditional health benefits, the virtual platform integrates soft-skill training sessions tailored to individual preferences. Employees have found value in the unexpected fusion of tech-driven wellness and personal development.For instance, a virtual mindfulness session not only contributes to mental well-being but also incorporates soft skills like resilience and focus. This unique integration not only promotes a holistic approach to employee benefits but also underscores the significance of blending technology with soft skills for overall employee satisfaction and growth.
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Ben Richardson, Director, Acuity Training |
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App Offers Personalized Development Training
In my role as a hands-on leader for my employees, our company creatively leveraged technology to enhance employee benefits through a personalized professional development app. This app integrates with our SaaS platform, offering employees bite-sized, tech-driven soft-skills training modules.One unexpected benefit emerged during a project crunch when employees utilized the app for quick stress management and effective communication tips. The unanticipated synergy between our SaaS solutions and the soft-skills app not only supported our tech-focused workforce in high-pressure situations but also fostered a culture where technology seamlessly integrates with personal development, creating a more resilient and skilled workforce.
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Ashwin Ramesh, CEO, Synup |
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Virtual Workspace Mimics Efficient Office
Embracing the shift to remote work, we've invested in a robust technology infrastructure to facilitate this transition as a permanent employee benefit. This initiative includes high-quality virtual collaboration tools, secure cloud-based systems, and IT support for home offices.The most valued aspect has been our virtual workspace platform, which seamlessly integrates various work tools into one interface. This comprehensive approach has been particularly appreciated by employees, as it replicates an efficient office environment, ensuring productivity and collaboration, regardless of physical location.
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Phil Strazzulla, Founder, SelectSoftware Reviews |
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Employees Drive an “Adopt a Feature” Program
We are thinking about trialing an “Adopt a Feature” program, which would allow employees, from interns to executives, to directly pitch and potentially build an enhancement within our shared inbox platform.By leveraging an internal portal for ideation, voting, and discussion and then integrating feature road mapping and collaborative development tools, we are excited to see suggestions formally reviewed by coders and non-coders alike.
The chosen ideas could then form self-directed scrums guided by peer mentors. I am firmly of the belief that when people feel creatively empowered in their jobs, it boosts pride in their industry. People want to improve a product they have ownership of, and that collective purpose can yield even more powerful engagement results.
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Nitai Aventaggiato, Founder and CEO, Helpmonks |
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AI Mental Health Support Boosts Well-Being
At EchoGlobal, we're always looking for ways that technology can enhance our employee benefits package. A recent initiative that has been extremely popular is the rollout of a free mental health support system. It uses AI to provide confidential counseling and therapy options for employees, completely free of charge. We've seen very high utilization rates, showing that this tech-driven program has delivered huge value by giving people access to vital well-being resources.Additionally, we empower employees with flexible remote work options and adjustable schedules to help them achieve a better work-life balance. Our philosophy is that if we support our team members' needs, they'll do great work for our clients. So, we make it a priority to keep innovating on the benefits front because our people truly are our most important asset.
By leveraging technology to provide creative solutions like mental health resources and workplace flexibility, we aim to have a competitive edge in attracting and retaining top talent.
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Lou Reverchuk, Co-Founder and CEO, EchoGlobal |
Author Bio
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Brett Farmiloe is the CEO and CHRO of Featured. |
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