Employee benefits consultancy PIB Employee Benefits has acquired benefit platform provider YouatWork.
YouatWork offers retail discounts, benefits from providers and recognition methods.
According to PIB Employee Benefits, the acquisition will enable it to expand its product portfolio within the employee benefits space.
It is also is part of its growth strategy and ongoing investment in creating better benefits solutions for employers and an engaging user experience for employees accessing, understanding, and utilising their employee benefits, as well as its commitment to developing and delivering benefits solutions.
As part of the acquisition, Jo Neary, head of consulting at PIB Employee Benefits, will lead the newly combined technology team. No other immediate changes will be made.
Neary said: “We plan to continually invest in our benefits technology to provide a best-in-class service to our clients and benefits partners. We believe that good technology forms the foundation of a great benefits strategy, and we’re looking forward to evolving an innovative solution that aligns to client strategy and employee needs.”
David Skinner, managing director at PIB Employee Benefits, added: “We are thrilled to announce the acquisition of YouatWork, which represents a pivotal moment in our company’s journey. This move enhances our ability to deliver comprehensive benefits solutions to our clients, and provide the market with a platform capable of delivering a strong return-on-investment.”
Alicia Aldis, operations director at YouatWork, said: “We are thrilled to announce the acquisition, which sees the team become an integral part of PIB Employee Benefits. With the cost-of-living crisis still very much a reality for the UK we’re delighted that our mission to make employees pay go further will continue with our clients gaining access to a greater range of solutions and, importantly, investment in the future development of our platform secured for both our customers and partners.”