Are your benefits truly delivering value, or are you just hoping they are? For too many HR leaders, that question keeps them up at night. The average company spends up to 30% of payroll on benefits, yet often struggles to measure the impact. That’s why Ben’s real-time intelligence tools are designed to help you measure, optimise and prove the value of your benefits investment.
Global employee benefits data at your fingertips
Analysing benefits usage across multiple countries brings unique challenges. Different regulatory environments and varying cultural expectations make it difficult to know if your offering is having an impact. Adding to this complexity are multiple data sources, inconsistent reporting standards, and time zone differences that can affect real-time tracking.
Ben’s intelligent platform helps busy HR teams to increase innovation in managing benefits globally, and this starts from great tracking of your data:
- Track benefits engagement across different regions and teams
- Identify trending benefits and emerging preferences
- Compare usage patterns across different employee segments
These insights help you understand what's working and where there might be gaps in your benefits offering.
ROI tracking that makes impact visible
Ben's platform enables you to monitor benefits utilisation through a comprehensive dashboard that tracks every employee interaction - from opt-ins and enrolment changes to purchases and reimbursement requests. This granular data helps you understand how employees are engaging with their benefits. With Ben you can:
- Monitor login rates
- Track benefits utilisation across your workforce
- Measure enrolment rates for different benefit types
- See department and location-specific adoption rates
- Understand seasonal patterns in benefit utilisation
But tracking benefit usage is just the beginning. These metrics can then be combined with crucial business metrics like:
- Employee retention rates
- Productivity indicators
- Employee satisfaction scores
- Time to hire and recruitment success rates
These correlations help to prove the value of your benefits programme, so you can make data-driven decisions about future investments and demonstrate value to stakeholders.
Proactive employee benefits planning with accurate data
Ben's analytics dashboard helps HR teams make informed decisions about future benefits offerings. Historical data in the platform can be used to:
- Identify emerging benefits preferences across different employee demographics
- Project future benefits costs based on enrolment trends and utilisation patterns
- Spot potential gaps in coverage before they impact employee satisfaction
- Anticipate seasonal fluctuations in specific benefits usage (like childcare during school holidays)
- Identify potential cost-saving opportunities
This predictive capability means you can adjust your benefits strategy proactively rather than reactively, ensuring your offerings remain competitive and cost-effective.
Unlock the business impact of employee benefits intelligence
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Ben's analytics data allows HR and Rewards teams to make informed decisions, track clear returns on benefits investment, and create a benefits programme that delivers maximum value for both your organisation and your employees. That means your benefits investment can drive meaningful business outcomes while meeting the evolving needs of your workforce.
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