Pension consultants Buck has launched a new benefits platform designed to improve employee engagement, productivity and efficiency.
The platform, Delta+, consolidates existing benefits and reward management programmes, creating a comprehensive data analytics dashboard for employers.
This enables them to measure employee engagement and gain a holistic view of the total cost of their reward and benefits programme, locally as well as globally.
The new platform also enables companies to onboard new employees quickly and seamlessly, removing the administrative burden and streamlining processes for HR departments.
From an end-user perspective, Buck says that Delta+ provides employees with an accessible and personalised summary of their benefits package, including health and wellbeing, share plans and pensions — with each reward explained in detail so that employees can better understand and engage with them.
The platform also helps employees to select benefits that will match their needs, as well as providing wellbeing programmes and lifestyle options.
Buck head of employee benefits John Deacon says: “After almost a year of remote working, it’s not surprising that many companies are finding it difficult to maintain their company culture and deliver an engaging wellbeing strategy. Without face-to-face contact with employees, it can be hard to truly understand what different people need, which makes it nearly impossible to provide benefits that are tailored to each staff member.
“Delta+ will help employers gain important insights into what employees value and what is and isn’t working from their current benefits offering, and will help employees understand how they can make the most of their benefits.
“Buck has a rich history of delivering flexible and innovative reward and benefits solutions. Delta+ will further improve our ability to provide our clients with help in this area.”
He added that the company would look to broaden out this solution even further in the coming months.
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