Love2reward has introduced two new employee benefits products to its portfolio: Flexebens and Flexesaver.
Flexebens is a gift card which offering 7% discount at 23 high street retailers such as River Island, Debenhams, Comet and Boots. Employers can offer the gift card via a salary sacrifice arrangement or through online payments outside of payroll.
Flexesaver allows employees to save for Christmas by putting money aside each month directly from their pay. The amount that they sacrifice from their salary is added to their choice of high street gift cards and vouchers, plus they receive a discount as well.
The two new products have been added to the provider’s Flexecash card scheme, which was launched in June 2010. The card scheme allows employers to award gift cards to staff as either inactive, value-added or with no value assigned.
Martin Cooper, head of national accounts and marketing at Love2reward, said: “We have more than 250 clients which already have Flexecash card schemes running within their organisations – Volkswagen, Michelin, Paypoint, Iceland and CAT UK have all made Flexecash multi-retail pre-paid gift cards central to their reward strategy.
“The introduction of Flexebens and Flexesaver into our employee benefits portfolio means employers now have three low-cost tools to add to their motivation armoury.”
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