Blog

The secret tool helping your employees’ salary to go further

As Zest celebrate the introduction of Discounts to our employee benefit proposition, we look at why Brits love a discount and the positive impact a Discounts proposition can have on an employee’s salary.

There’s no two ways about it. We all love a deal!

Be it your weekly grocery shop or driving a hard bargain with Dave down the market, it’s almost a rite of passage for us Brits to find a way to save money.

And as we all continue to hang on the every word our financial lord and saviour Martin Lewis delivers, is now the time for employers to start prioritising their employees by introducing a discount offering via their employee benefits technology?

In today’s economic climate, where things are up and down more times than a yo-yo and inflation is putting a heavy burden on us all, it’s crucial for employers to find different ways to support the financial wellbeing of their employees.

So, move over yellow stickers in your local supermarket. Take a hike Domino’s Two for Tuesdays. Find another time to air your content Bargain Brits Abroad (other TV programmes are available). Today we’re focusing on employee discounts, and how they can help your employees’ salary go so much further without the need for direct salary adjustments.

How employee discounts can make the difference

When it comes to talent attraction and retention, providing a discounts proposition can serve as a quick and effective differentiator, helping you to stand out from the competition.

It’s worth remembering that potential hires, and even current employees, are always looking for an employer who offers more than just a salary. More than just a pay cheque!

By offering employee discounts, you provide a tangible way to show that you genuinely care about the financial wellbeing of your employees. A wide range of employee discounts can reduce financial stress. It lowers the cost of essential purchases and enhances an employee’s quality of life by making annual holidays and family days out much more affordable.

Ultimately, this will underscore your understanding of the central role employers play in the overall wellbeing of their people. By prioritising financial security and offering personalised benefits that your employees actually want, you can foster a positive work environment where employees feel valued and motivated.

It’s important that at every opportunity, employers take the chance to maximise the value in their employee benefit proposition. In this instance, the introduction of employee discounts is just the latest in a long line of offerings that can elevate your technology.

And remember, whether it’s Employee Discounts, Total Reward Statements or tailored wellbeing benefits you’re elevating, it all begins with your flexible employee benefits technology.

Introducing our brand-new Zest Employee Discounts

A penny saved is a penny earned!

No matter where you’re looking to save, keeping more money in your sky rocket (that’s pocket to those unfamiliar with cockney rhyming slang) is always most welcome.

From the weekly grocery shop to new appliances, summer holidays and that all-important morning coffee, helping an employee’s salary to go further can make a world of difference.

Picture the scene. You have a standard benefits offering which ticks the boxes but doesn’t strike the right chord with certain employees. Now compare that to a benefits package that offers tailored selections, flexible choices and a fantastic Discounts proposition. Which do you think appeals more?

And when all is said and done, these factors will play a key role in your talent attraction and retention.

By offering discounts of up to 27% with a huge range of retailers, both in store and online, colleagues will have a one-stop shop for employee savings. Some of the retailers include:

include:

adidas
Costa Coffee
HelloFresh
Amazon
Greggs
Tesco

So how does the Zest Employee Discounts Module work?

Our Zest Employee Discount Module is fully integrated within Zest, providing a seamless and trusted employee experience for users of Zest. Turning on the Zest Employee Discounts Module is as simple as flicking a switch, meaning there is zero additional set up cost or effort, zero ongoing administration and zero additional supplier management.

The Zest Discounts Module allows you to consume discount information in other Zest modules, such as Employee Benefits (Total Reward Statement), Engagement and Insights.

For your employees, they will have access to a wide range of gift cards available both in-store and online, with incredible discounts, secure payments and a trusted user experience.