This document describes a proposed benefits platform called PerksMe. It aims to address problems with traditional employee benefits by offering a digital wallet platform that allows employers to allocate perks and allowances, and employees to spend them. Key features include allocating perks systematically with analytics, local deals search, and spending perks on products/services of choice. Employers would load perks into employees' PerksMe digital wallets, and employees could also top up the wallets. Employees could then use their wallets to spend perks across various categories at online and offline retailers on the PerksMe platform. This aims to benefit employers, employees and merchants.
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BY FRINGE TECH LABS PVT LTDBy FRINGE TECHLABS PVT LTD
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NEVER
INTRODUCTION
save everytime you spend
GIVE
A WRONG PERK
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THE PROBLEM
AVOID GIVING WRONG PERKS
OF THE AVERAGE OPERATING COSTS ARE SPENT ON46%
EMPLOYEES ’ SALARIES AND
20%
OF IT ARE BENEFITS
58% ARE UNIMPRESSED WITH THE PERKS THEY RECEIVE
73% ARE THINKING EMPLOYERS COULD DO BETTER
Only 18% OF EMPLOYERS BELIEVE THAT THEIR BENEFITS ARE
HIGHLY VALUED BY EMPLOYEES
*TW Global Talent Management & Rewards Survey
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THE PROBLEM
LIMITED OPTIONS FOR REWARDS & RECOGNITION
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• White Labeled Platform with Company Branding
THE SOLUTION
What is PerksMe?
• Systematic Allocation of Perks with Analytics
• In-depth Reports on Employées Engagement
• Hyper Local Search for Deals
• One Click to Upload Perks/Allowances to Employee’s Account
• Employees use the Perks to purchase Products or Services of their choice.
• Employee can Top-Up in the PerksMe Digital Wallet with their Own Money
• Employer Gets an Overview of Total Spending & Savings of Employees
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HOW IT WORKS?
The way we are going to work
Note: All the brands / logos are used for indicative purpose only.
$$$
Employer Transfers Perks
$$$
Employee Tops up Perks into
PerksMe Digital Wallet
Employee Can Use
To top up his/her Digital Wallet
Net Banking
Credit/Debit Card
PerksMe
Digital Wallet
$$$ $$$ $$$ $$$ $$$ $$$ $$$
$$$ $$$ $$$ $$$ $$$ $$$ $$$
$$$
------------------- --------------------
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Accessories
Apparels
Wellness &
Personal Care
Recharge
PERKSME FOR EMPLOYEES
Employees can spend their Perks across various categories and can top up using our mobile wallet
Financial
Products
Travel
Restaurants
Fuel
..more
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PERKSME FOR COMPANIES
save everytime you spend
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PERKSME FOR MERCHANTS
Merchant catalogue will be showcased on PerksMe Web & Mobile platform:
• Access to a larger pool of potential users.
• User’s with digital spending capacity and from employment sectors like IT, ITES etc.…
• Assurance of purchase since wallet gets loaded every month by the employer.
• Repeat purchases utilizing cash back/rewards/loyalty program.
• Increased web traffic/footfalls at store level, less spent on user acquisition & then retention.
• Zero probability of order cancellation* as orders are from a prepaid account. Study says order cancellation
is between 25% to 30% in COD format for ecommerce merchants operating in India.
• Increased revenue per user, engagement program can be designed across categories like:
• Food
• Travel
• Medical & Wellness
• Attire, Furniture and many more…
* Order Cancellation: Product delivered should be the same as displayed while placing the order. Should be as per standards pre-defined by the manufacturer, and in proper working condition.
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RATED AS THE MOST PROMISING CONCEPT AT
The Startup - Corporate Mixxer organized by World Trade Center Bangalore
VALIDATIONS
COMPANIES WHO HAVE GIVEN US THUMBS UP
ATTENDED BY LEADING BRANDS :
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System to select vendors and
services of choice as per
employees purchase history
Selection Digital Wallet
Employers transfer the Perks & Allowances to
Employee’s Digital Wallet on PerksMe and
Employee can choose top it up to spend with
PerksMe Partners
HOW ARE WE DIFFERENT ?
Zero Fees
NO JOINING FEES FOR EMPLOYERS
OR EMPLOYEES
ZERO
FEES
WIDE RANGE OF ONLINE & OFFLINE RETAILERS
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VALUE PROPOSITIONS
WE ARE GOING TO DISTRUPT
Tapping the large population
that is still “offline”
Inclusion of local retailers to get
digital traffic as we will onboard
both Online and Offline
Merchants to cater to PerksMe
users
Building large Loyal Consumer
base because of Digital Wallet
and endorsement from their
employers
Benefits for Employees working
for SMEs & Start Ups to access
the same fringe benefits as
large corporates
From Daily spend of Employees
to Financial Products &
Insurance, will help Employees
to save every day through
PerksMe
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Suhas Gopinath
DIRECTOR
Atul Thakkar
DIRECTOR
Milind Shah
DIRECTOR
MEET OUR GREAT TEAM
PERKS THAT PAY YOUR WAY
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Subramanian Rangan
Advisor
RAVI SHANKAR B
Advisor
MEET ADVISORS TEAM
PERKS THAT PAY YOUR WAY
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Address
10, 2nd Floor, RMV 2nd Stage,
Off. New BEL Road,
Bangalore -560094
Mobile. & Email-ID
+91-9850878967
manoj.d@perksme.com
Contact Person
Manoj Dialani
Lead – Strategic Partnerships
GET IN TOUCH
LOOKING FORWARD TO A GREAT PARTNERSHIP
THANK YOU