Get started fast: Your pre-built employee benefits package

The Ben Starter Package provides a cost-effective, low-admin solution with access to enterprise-level benefits typically reserved for larger organisations. Any size of company that is looking to launch a comprehensive benefits strategy quickly should consider Ben Starter.

Pooled risk options in workplace benefits refer to insurance or financial arrangements where multiple employers or employees contribute to a shared pool to spread risk and stabilise costs. These are commonly used for benefits such as health insurance, disability insurance, and pension plans.

How it works:

• Risk sharing: Instead of an individual company bearing all the financial burden, multiple employers (or employees) contribute to a pooled fund. This helps mitigate the impact of high claims from any one participant.
• Cost stability: By spreading risk across a larger group, premium fluctuations are reduced, making benefits more affordable and predictable.
• Greater negotiating power: A pooled structure can help smaller employers access better coverage and lower rates, similar to what larger companies might negotiate on their own.
• Types of benefits: These arrangements are often used in healthcare plans, group life insurance, disability insurance, and pension or retirement plans.

Yes, you can host any benefits you already fund within the Ben platform, but Ben will only provide fulfilment for your four foundational insurance benefits (pension, life insurance, income protection and private medical insurance) plus any benefits selected from Ben’s Marketplace. All other benefits you provide will still need to be fulfilled by you or your broker.

This keeps your entire benefits strategy centralised, creates a unified employee experience, and provides self-serve information tiles in the Ben platform.

The foundational insurance benefits include pension, life insurance, income protection, and private medical insurance. These are funded by you. You can bring your own or choose from selected providers with pooled risk options.

The Starter Package is designed for fast implementation. The process is streamlined and divided into three key work streams:

• 1. Setting up the platform and relevant integrations with HRIS, SSO and providers.
• 2. Requirements gathering for your benefits and allowances
• 3. Building and Testing

What sets us apart is our agile approach that allows all work streams to run in parallel, increasing speed to market.This approach also allows our clients to see constant progress and adapt quickly if required.

Employees have access to a curated marketplace of self-funded benefits across various categories including Health (gym memberships, health screening), Finance (debt refinancing, financial advice), Family (assisted reproduction, pet insurance), and Lifestyle (EV cars, cycle scheme, tech).

The Starter Package offers consolidated payment processing and invoicing with a Central Master Service Agreement. This simplifies the financial management of your benefits program.