How to help employees make informed flexible benefits choices

With flexible employee benefits, employees can often be left to their own devices when choosing the right ones for them. But to truly support everyone to get the most out of their benefits, you need to help them make informed decisions.

So how can you arm employees with everything they need to know when making their selections – without HR needing to answer endless questions?

Shaping Informed Decisions

Employees should never be left wondering about the extent of coverage or potential impacts on their finances when choosing benefits. They need clarity, transparency, and tangible insights before making crucial benefit choices.

Of course, policy information is key. It’s certainly not enough to say ‘we have health insurance, do you want it?’. Employees want to know what’s covered, what isn’t, who’s providing the cover, and what impact it will have on their income or flex benefits allowance.

But even sending information over email can be a headache. We all know how often they get missed, forgotten or lost. So you end up resending the same information every time you get a question.

Eppione’s employee benefits platform puts all this information right at their fingertips, enabling them to take charge of their benefits. Empowering employees with comprehensive policy details, provider information, costs, and even supplemental resources like links, videos, and documents.

So, employees can confidently navigate the intricate web of benefits, understanding every nuance before making a decision.

Seeing the Bigger Picture

Empowering employees goes beyond just disseminating information—it’s about enabling them to explore and experiment with various benefit combinations.

Whether you only enable benefits changes during a defined selection window or throughout the year, helping employees to experiment with different benefits mixes can help them understand their total package before committing.

A flexible benefits simulator can do just that. Employees can add, remove or change the level of their benefits. They can see how those changes will impact the employer’s spend, their out-of-salary contributions, and their flex benefits allowance if you offer one. All before actually committing to those changes, so they can experiment without worrying about making permanent changes.

If they like what they see, they can apply their changes instantly. And if they don’t, they can clear their selections and start over. So they can get the most out of their benefits spend and be confident they’ve made the right choices.

Empowering Self-Sufficiency

Of course, when employees are armed with all the information and tools they need to self-manage their benefits, that means fewer questions sent your way. They won’t need to ask how much is being deducted from their salary, or what’s covered for critical illness cover. It’s all right there in the platform for them to explore.

And with an automated total reward statement, they won’t need to ask about the value of their benefits either. They can easily see their total renumeration – salary, benefits, bonuses and any other compensation you offer – in an easy to understand pie chart.

Your Pathway to Informed, Empowered Employees

Flexible employee benefits are more than just a perk— they’re a powerful tool that enhances employee wellbeing and fosters a happier, more engaged workforce. However, unlocking the full potential of these benefits requires more than a mere selection process. It demands a comprehensive approach that empowers individuals to make informed decisions tailored to their unique needs.

With Eppione, you’re not just offering benefits. You’re cultivating a culture of informed decisions, proactive exploration, and self-sufficiency. Elevating your workforce’s satisfaction, empowering them to make the right choices, and ultimately boosting your organisation’s success.

Ready to experience Eppione’s employee benefits platform firsthand? Book a demo today and see how your organisation can revolutionise its approach to employee wellbeing, making flexible benefits a cornerstone of a thriving workforce.