Vebnet and Standard Life Launch Box of Benefits
Released on: March 25, 2011, 12:33 pm
Author: Standard Life plc
Industry:
Financial
Vebnet and Standard Life announce the launch of their Box of
Benefits (BOB). BOB is an off-the-shelf employee benefits solution
designed specifically for UK-based SME companies.
This new proposition has been built using technology from Vebnet, a market-leading
provider of technology and services for reward and benefit strategies, and is based
on insight from employers looking for a packaged solution.
The business of selecting and managing benefits can take a lot of time,
administration and money, however BOB makes it easier for employers to offer their
employees great staff benefits packages including a pension, because it is simple to manage and affordable. This is achieved
through a single online portal that helps with employee benefits management,
the administration of the benefits and reporting requirements.
BOB can be personalised for every company and implemented quickly. Employees receive
access to BOB’s user-friendly online technology, with the option to choose from a
range of employee benefits, including childcare vouchers, money off bicycles, dental
insurance, private medical insurance, pension and travel insurance.
Gerry O'Neill, managing director of corporate solutions said: "Most employers now
realise the value of a good benefits package. But for some there is still the
concern that it is going to be too costly, or that the administration will take up
too much time. Box of Benefits can solve these
problems through a boxed up solution that makes flex cost-effective."
About Vebnet:
Vebnet have been specialising in creating global employee benefits solutions for
over 10 years. It is part of the Standard Life Group, one of the leading savings and
investment providers.
It has over 200 dedicated flexible employee benefit and technology industry experts
with expertise in designing, implementing, managing and advising on reward
programmes.
Its creative ideas are supported by its market-leading in-house technology. This
integrated reward portal brings together all elements of employee total reward and
employee benefit schemes to engage employees and optimise the employee benefits
strategy.
It supports over 200 organisations, covering in excess of 400,000 employees, who
represent some of the world's most progressive employers such as PepsiCo, Airbus,
National Grid and JP Morgan. Its solutions have been implemented across Europe,
Asia, North and Latin America in languages such as Chinese, Thai, and Spanish.
Press Contact:
Steven Hartley
Public Relations Manager
Standard Life plc
Ground Floor
Caledonian Exchange
19a Canning Street
Edinburgh
EH3 8EG
44 (0)131 245 1365
www.vebnet.com
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