Sage, the integrated accounting, payroll and payment systems company, is partnering with Personal Group Holdings plc, a leading provider of employee services, benefits and employee-related insurance products in the UK, to launch a new employee-engagement product designed for the SME market.
Sage Employee Benefits is described as a first-of-its-kind product to be integrated into Sage’s product portfolio, and is positioned to directly serve people employed in Small and Medium Sized Enterprises (SMEs) in the UK. One in three people in the UK are paid using Sage Payroll, and 50% of businesses in the private sector use sage payroll to pay their employees.
Sage Employee Benefits offers a range of key advantages to business owners, offering their employees access to savings and discounts across hundreds of retailers, salary sacrifice options, insurance and protection, a hospital cash plan and health and wellbeing support.
Based on Personal Group’s platform named Hapi, the Sage Employee Benefits platform is optimised for App delivery, which means that employees can access and manage their benefit services directly from their smartphone.
Jacqueline de Rojas, MD Northern Europe at Sage, said: “We work hard to make life easier for business owners to succeed. Not only by championing their causes but also by creating an eco-system for their employees to engage with and to benefit from.
“The launch of Sage Employee Benefits brings this to life. Benefits that were once the preserve of large organisations are now accessible and affordable for Sage 50 Payroll customers.
“We believe in smart partnerships and are delighted to have brought this to market with Personal Group.”
Dan Docherty, head of people products, Sage added: “Employee wellbeing should never be underestimated. High staff happiness can also result in lower attrition rates and better levels of engagement. So, businesses that invest in offering employee benefits tend to have increased outputs, which in turn can help to lead to better profits.
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