The latest offerings by benefitexpressâ„¢ and Beekeeper ensure improved employee experience during the current challenging times
benefitexpressâ„¢, the provider of cloud-based technology software and services for employee benefits administration, on May 18, 2020 announced the launch of Benefits Marketplace. It is powered by Corestream’s platform and helps employees with customized lifestyle benefits. Key benefits offerings include:
· employee loan programs
· employee purchase programs
· legal assistance
· pet insurance
· identity theft
· home and auto insurance
· large array of employee discounts
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The Benefitexpress Marketplace is integrated into the proprietary platform, My Benefit Expressâ„¢ and is offered free of cost to the organizations and doesn’t increase the administrative burden on employers while offering lifestyle benefits to the employees and thus improving employee engagement.
Corestream’s platform enables the streamlining and automation of benefit selection, payroll integration, contract negotiation and remediation, remittance of payments, and reconciliation of premiums for individual employees.
“The variety of products and the ease of payment through payroll deductions simplify and streamline the employee experience,†said Michael Sternklar, CEO of benefitexpress. “For example, employees may need quick access to funds and their current solution might be to withdraw from their 401(k). A better option through the Marketplace could be a low-cost loan that the employee can pay back via automatic payroll deductions. This alleviates risks of taking money from a 401k to provide a short-term financial safety net.â€
Another product aiming to improve the employee experience was launched this week on May 20, 2020: the Next Normal PackageOpens a new window by the mobile communication platform Beekeper. The package is a product suite introduced in response to emerging research, like the Harvard Business ReviewOpens a new window , indicating empowered frontline workers are more effective and better equipped to cope with the changing situation.
According to Cris Grossmann, CEO and co-founder of Beekeeper, “By modernizing communication and providing a single source of truth for frontline employees, organizations will be better equipped for today’s fast-evolving business environment.â€
Following are the features included in the package:
· A chatbot providing answers to COVID-related questions from Johns Hopkins and WHO
· Mobile shift schedules and shift communication
· Newsfeed-style streams for communicating about cleaning and maintenance, administrative updates, continuous process and quality improvements
· Mobile forms and checklists with templates designed for maximum agility, health, and safety
· Mobile surveys and personalized campaigns
· A mobile Document Library for storing the latest guidelines and protocols
· A four-stage guidance to navigate the “next normalâ€
Beekeeper has also set up a team ensuring support to new customers in need of reaching their frontline workforce faster.
In dealing with the challenges of the COVID-19, employers’ moves in the favor of their employees helps in boosting their confidence and enhances the employee experience significantly. The use and success of such tools have the potential to not only instill employees’ faith in employers, but also motivate them to stay with the organization.
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