As HR professionals, the adoption of HR technology in managing total rewards has never been more critical.
With the changing workforce dynamics and rising expectations of employees, staying up-to-date on the latest HR tech developments is essential for delivering a compelling, competitive, and contemporary rewards package.
The HR tech we’re looking at today is a game-changing approach to benefits management: comprehensive, digital, and fully personalised benefits platforms.
These platforms are all-encompassing, streamlining health benefits, employee recognition, and vision care, among others.
For HR professionals, these platforms provide simplified and efficient management, helping save precious time and resources.
Ekincare, for instance, offers a full-stack health benefits platform that is predictive, preventive, and personalised.
It provides a gamut of health benefits from occupational health centre management to zero-interest EMIs for healthcare procedures and mental health support.
Its real-time dashboards offer valuable insights, and a flexi-care program allows for cost savings up to 90%.
Meanwhile, Mednefits presents an all-in-one outpatient and flexi benefits platform, providing access to a wide variety of providers and benefits management tools.
It incorporates a pay-per-use model, allowing companies to control costs without compromising on benefits options.
On the recognition front, Thanks provides an engaging platform for daily employee recognition and service milestone celebrations.
It includes features like gamification and insights into recognition’s impact on attrition.
Vision Direct Club takes care of vision care needs, offering an online platform for easy in-person eye exams and personalised eyewear shopping.
It simplifies optical benefit claims and provides a powerful dashboard to manage, monitor, and measure the performance of your benefits.
Each of these platforms addresses specific needs in the total rewards space.
They revolutionise the traditional benefits landscape with tech-enabled, employee-centric solutions, simplifying HR’s role and increasing employee engagement and satisfaction.
HR professionals must embrace these tech solutions, blending them seamlessly into their total rewards strategy to create a compelling employee value proposition.
In a world where attracting and retaining talent hinges on innovative and personalised benefits, these platforms are setting the stage for the future of total rewards.
