Cost of living: more employee wellbeing benefits revealed

As living costs continue to soar, the company behind one of the UKs most comprehensive B2B employee benefits solutions has expanded the financial, health and wellbeing support, services, resources and benefits, available on its customisable employee benefits app.

HIVE360 has given its Engage app a major boost with a range of enhancements and an extensive refresh, with the aim of helping businesses to give their employees cost-effective tools that help them manage the rising cost of everyday items and purchases.

“The changes benefit both employees and employers,” explains David McCormack, CEO, HIVE360. “The timing of the launch is deliberate as we aim to address the biggest issues and support the top concerns facing UK workers right now.

“Engage now features even more resources and access to more health and financial support than ever before, in a step that marks a powerful move forward for HIVE360 and Engage, as we continue to build on our customer experience, data and offerings for all clients, and provides the most needed support to their workforce, both inside and outside the workplace.

“The importance of employee financial wellbeing has never been higher as the cost of living continues to rise,” he adds. “The app now features an extensive, robust suite of solutions, from debt and money management guidance to payroll information, payslips, pension performance and vital pay documentation available in one place, 24/7.

“Employee wellbeing is one of the top challenges for employees. It is closely linked to staff recruitment, retention, and their levels of productivity and engagement.

“So the mental health and wellbeing services available on Engage have also been extended. These support employee wellness strategies and include integrating clinically-proven counselling approaches that support employees – from everyday mental wellbeing needs to individual critical incident support where necessary. This includes an online GP appointment booking system, and six face-to-face counselling sessions per ‘episode’ for every user, and at no extra cost to the client.”

David explains the recent enhancements enable greater insights into employees’ usage habits and trends: “Via our Engagement Hub, we can provide anonymised data and insights on the usage of services, benefits and resources our clients’ workforce are engaging with, to deliver information that can help inform the wider business strategy, employee training and development programmes, comprehensive employee support, and business continuity planning – which is invaluable for employers, HR professionals, and business owners.

“Businesses looking for cost effective tools to help workers manage spiralling inflation and soaring living costs, as well as optimise talent attraction and retention strategies, should find out how employee benefits make a difference.”

HIVE360 is working with The Sante Group to deliver the extended range of services and features available via the Engage app.

HIVE360 provides its customisable, comprehensive, employee benefits and wellbeing package via its unique Engage Employee Benefits app as standard to businesses that outsource payroll and employment administration to the company. Available in 120 languages, Engage includes My Health, My Money, My Discounts, and My Work features and has an average of 100,000-plus user sessions each month, with average levels of user engagement of around 85%.

HIVE360, a GLAA (Gangmasters and Labour Abuse Authority) license holder, ensures full HMRC, RTI, GLAA and IR35 compliance. It provides expert, compliant and reliable PAYE payroll support and comprehensive employment administration, and its Engage Employee Benefits app as standard to all businesses that outsource payroll and employment administration to the company. It works with owner-managed, privately owned and SME businesses, permanent and temporary recruiters.

For more information: https://www.hive360.com/payroll-pension-perks/