What are the key considerations when implementing financial wellbeing benefits?
Ensure you’ve surveyed your workforce to understand what support matters to them most. Financial benefits for employees can significantly improve their wellbeing, but they must first meet their needs. Consider what marketing and communications support you’ll require, as well as platform accessibility and implementation to ensure benefits engagement.
What employee financial wellbeing benefits do you offer?
We offer end-to-end employee financial wellbeing benefits, including financial education, saving for the future, and making every day more affordable. Our financial wellness benefits for employees include our Employee Discounts Platform, Pluxee Card, Refurbished Tech scheme, SmartPay, and our Financial Wellbeing App.
What happens to unused eVoucher balances?
When our retail partners release their eVouchers, they have an expiry date, and we’ll help you engage with and encourage your employees to redeem their rewards, so they don’t miss out.
Can eVouchers be used in conjunction with other discounts or promotions?
Our retail partners determine the terms and conditions of eVoucher usage, and we outline any potential restrictions at the point of purchase.
Is there a minimum or maximum amount of eVouchers that can be purchased?
Some retailers set minimum order values, but the maximum value depends on agreed credit limits.
Are there any fees associated with using Pluxee eVouchers?
Some retailers may impose minimum order values, and there are processes to follow when opening an account with us for the first time. Please speak with one of our employee engagement consultants for further information.
What retailers and brands are included in the Pluxee UK eVoucher programme?
We partner with over 150 UK retailers, including some of the most well-known brands, so your employees will always find their favourite supermarkets, clothing stores, restaurants or DIY stores. Please speak with one of our employee engagement consultants for specific names.
How can we encourage employees to recognise each other?
Build employee rewards and recognition into your company culture, lead by example, and celebrate your nominees.
Do I have to set up the cashback feature with the Pluxee Card?
You don’t have to allow the cashback feature and can stick to employer top-ups only. Just remember that the beauty of the Pluxee Card is the fact that it can stretch your rewards budget further when employees earn cashback and is an effective financial wellbeing benefit.
Do the eVouchers expire?
Our retail partners set the terms of the vouchers, and they will have an expiry date. The period may vary, but vouchers will always have at least 12 months before expiry when we issue them.
How easy is it to implement a rewards programme?
Our eVouchers and Pluxee Cards work differently. You can order eVouchers on an ad hoc basis with relatively little setup. Out Pluxee Card goes through a different process, considering whether you wish to allow employees to top up their cards as they go. The process is secure and straightforward, with your account manager guiding you through the process.
What is the difference between employee rewards and employee recognition?
Recognition can be anything from a passing thank you to a complete programme and a standardised way of acknowledging success. Employee rewards are the next step, solidifying your gratitude with financial and non-financial gifts.
What if an employee uses a combination of commuting methods?
An employee could enrol in a Cycle to Work and Green Car salary sacrifice scheme so long as the repayments do not reduce their take-home pay to below the National Minimum Wage.
How do I get started with the Pluxee UK commuter benefits?
If you have our Employee Discounts Platform, you can bolt our salary sacrifice solutions on for *free. Get in touch with one of our employee engagement consultants today.
Are commuter benefits taxable?
We always advise you to seek independent tax advice. However, in the case of a Cycle to Work scheme, the ‘No Cost Benefits in Kind and Making Good’ scenario would apply as the employee repays the entire amount via the salary sacrifice agreement.
What types of commuting expenses are eligible?
We offer a Cycle to Work and Green Car salary sacrifice scheme.
Do the discounts change?
We are constantly developing new retailer relationships to grow the range of benefits available. Retailer relationships and terms can change, and we also offer them the opportunity to provide a higher discount during promotional periods and events.
What will the reports and data reveal?
Our MI data will help you understand how, when, and with whom your employees use their discounts. This information enables you to tailor your messaging and overall employee wellbeing and retention strategies.
When will the cost be deducted from my salary?
Once an Annual Leave Purchase application is approved, we’ll schedule the salary deductions repayments to begin in the next month’s pay.
How is the cost of buying leave calculated?
Costs are calculated on a per-employee basis and depend on salary and tax brackets.