Vebnet and Standard Life Launch Box of BenefitsBy Standard Life Plc, PRNE
Thursday, March 24, 2011
EDINBURGH, March 25, 2011 - Vebnet and Standard Life announce the launch of their Box of Benefits
(BOB). BOB is an off-the-shelf employee benefits solution designed
specifically for UK-based SME companies.
This new proposition has been built using technology from Vebnet, a
market-leading provider of technology and services for reward and benefit
strategies, and is based on insight from employers looking for a packaged
The business of selecting and managing benefits can take a lot of time,
administration and money, however BOB makes it easier for employers to offer
their employees great staff benefits packages
including a pension, because it is simple to manage and
affordable. This is achieved through a single online portal that helps with
employee benefits management
the administration of the benefits and reporting requirements.
BOB can be personalised for every company and implemented quickly.
Employees receive access to BOB's user-friendly online technology, with the
option to choose from a range of employee benefits, including childcare
vouchers, money off bicycles, dental insurance, private medical insurance,
pension and travel insurance.
Gerry O'Neill, managing director of corporate solutions said: "Most
employers now realise the value of a good benefits package. But for some
there is still the concern that it is going to be too costly, or that the
administration will take up too much time. Box of Benefits
(www.boxofbenefits.com/) can solve these problems through a boxed up
solution that makes flex cost-effective."
About Vebnet (www.vebnet.com/):
Vebnet have been specialising in creating global employee benefits
solutions for over 10 years. It is part of the Standard Life Group, one of
the leading savings and investment providers.
It has over 200 dedicated flexible employee benefit and technology
industry experts with expertise in designing, implementing, managing and
advising on reward programmes.
Its creative ideas are supported by its market-leading in-house
technology. This integrated reward portal brings together all elements of
employee total reward and employee benefit schemes to engage employees and
optimise the employee benefits strategy.
It supports over 200 organisations, covering in excess of 400,000
employees, who represent some of the world's most progressive employers such
as PepsiCo, Airbus, National Grid and JP Morgan. Its solutions have been
implemented across Europe, Asia, North and Latin America in languages such as
Chinese, Thai, and Spanish.
(Due to the length of these URLs, it may be necessary to copy and paste
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space if one exists.)
Press Contact: Steven Hartley Public Relations Manager Standard Life plc Ground Floor Caledonian Exchange 19a Canning Street Edinburgh EH3 8EG +44(0)131-245-1365 www.vebnet.com
Press Contact: Steven Hartley, Public Relations Manager, Standard Life plc, Ground Floor, Caledonian Exchange, 19a Canning Street, Edinburgh, EH3 8EG, +44(0)131-245-1365
Tags: Edinburgh, March 25, Standard Life Plc, United Kingdom