Lumin is a digital platform that helps companies easily manage and communicate employee benefits to improve engagement. It provides visibility of benefits anywhere, simplifies administration by managing everything in one place, and offers data analytics to help make informed decisions. Lumin aims to reduce costs and risks for employers while giving employees control over their benefits and demonstrating the value of the offerings.
2. Employee benefits play an important role in attracting, retaining and
motivating your employees.
However, we also recognise that benefits are becoming
increasingly complex and time consuming to manage, which is
why we developed lumin.
lumin is a simple, very user friendly digital platform that helps
everyone from small medium enterprises ( SMEs ) to large corporations
to get their teams motivated and engaged in the exciting benefits they
offer.
Shining a light
on benefits
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3. Improve engagement
Give your colleagues greater visibility and control over
their benefits. Your staff can access the lumin platform
wherever they are – at work, at home or on the move.
It’s simple, intuitive and will give them complete
visibility of their benefits and rewards.
Reduce your workload
Save time and money by controlling everything
from one central place. You can securely manage,
run and promote all your benefits from one single
hub. It’ll help streamline complex processes
and enable you to launch new benefits and
communicate with your team quickly and simply.
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4. 4
Make more
informed decisions
Make smarter choices, by accessing key
information quickly. With access to real time
analytics and an integrated survey tool, insightful
data is right at your fingertips. All data can be
used directly with your HR software, enabling
your team to confidently make data led decisions
that will improve employee engagement.
Stay up to date with the latest software. The digital
platform has been built to help you make the most
of the very latest developments and trends, so you’ll
always be ahead of the market.
Access the latest tools
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5. Flexibility Matters
Benefits help you stand out from the
crowd and create a positive culture
where your staff feel valued, well
supported and motivated to deliver great
results - so it’s worth spending time
getting them right.
The problem is, one size certainly
doesn’t suit everyone. Within the multi-
generational workplace, you need to
tailor your offer to the different needs
of your employees. With more agile
working styles, it can also be difficult
to communicate with your team in one
central place, so you need to find new
ways to support them.
We live in a culture where everything is
available 24/7. We’re used to ordering
groceries, checking bank statements and
keeping up with the latest news on the go.
So why not give your team access to their
benefits in the same way?
We recognise that life is busy for everyone –
your staff, your HR teams and your business
owners – but maintaining that healthy work
life balance is so important, which is why
we developed lumin. Whether it be their
future pension, lifestyle or finances, lumin
will help keep your employees engaged,
happy and secure.
6. Supporting
Employers
Employee benefits are a key part of any company’s recruitment,
retention and employee wellbeing strategy, but they can be costly
and complex to run and maintain. lumin seeks to take away that
strain by offering a streamlined and intuitive system that helps to
keep admin and related costs at bay.
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7. By automating multiple complex processes, lumin
can help to reduce the scope for human error.
Mistakes can be costly, in more ways than one,
especially if you have a complicated system with
multiple benefits and a lot of data.
Reduce risk
The simple portal enables you to communicate with
your staff about benefits that matter to them in a
way they want - increasing their involvement and
excitement about the benefits available.
Engage employees
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8. Even the most complicated of processes can
be easily managed on lumin. The system can
streamline a number of offerings in one simple
place – reducing manual processes and freeing
up time to focus on developing your strategy and
reward offering.
Simplify administration
With improved analytics you can get a clearer picture
of the overall value of your benefits, enabling you
to have more robust discussions with your benefit
providers. Of course, you’ll also make administrative
savings by managing everything through one central
portal.
Control cost
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9. Problems for Employers
It’s expensive to add
new benefits.
Information is stored in
different places and can be
hard to access.
It’s hard to negotiate
with suppliers without
clear data.
Benefit take up is poor and
staff don’t feel supported.
It’s hard to meet the diverse
needs of staff.
The risk of error is
high when transferring
information.
Employees can’t see the
value of their benefits and
don’t engage with them.
Retention of staff is
challenging as staff don’t
feel valued.
It’s a challenge to find and
keep the best staff.
More time spent on
managing benefits means
less time is spent on
supporting staff.
Poor staff engagement
means management are
less likely to invest in
developing benefits.
Disengaged employees
don’t perform as well.
Are we giving our
team benefits that
matter to them?
Managing benefits
is time consuming.
It’s hard to get value
for money.
Employees aren’t
making the most of
their benefits.
Resulting
Problem A
Resulting
Problem B
Resulting
Problem C
Here are some of the most common challenges, and the resulting issues, employers face
when managing benefits :
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10. Supporting
Employees
Ultimately, lumin will help you provide more choice to your
employees. By getting your team more actively engaged in their
benefits, you can create a culture where your staff are motivated
and supported to perform at their very best.
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11. Your team can take control of their benefits wherever
they are, through whatever device they choose.
Rather than waiting for a statement each month, they
can keep on top of their benefits, and can see how
much you value them.
Demonstrate value
lumin is completely intuitive and easy to use, so busy
employees see all their benefits in one single place.
They can quickly make decisions that could really
help to improve their health, financial situation and
general wellbeing, hopefully improving performance
at work.
Improve interaction
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12. When your employees can tangibly see the difference
benefits make to their lives, they’ll feel a sense
of value and appreciation that will go a long way
towards creating a loyal workforce, helping your
business to grow.
Build relationships
lumin helps you send targeted communications that
are relevant to staff. You can also ask for employee
feedback and create a community where your
staff feel their opinions matter and are taken into
consideration.
Create community
13. Resulting
Problem B
Resulting
Problem C
Supporting Employees
I can’t see benefits that
are relevant to where I am
right now.
There is not enough choice
available making the
benefits seem irrelevant.
I want to feel like this is
a good deal and not an
extra expense.
I need to be able to access
the right level of detail
depending on my situation.
I am not engaged with
my benefits as there is
nothing for my age group.
I am unable to change my
mind or select the options
that I want at a later date.
As I am not sure how
much these are all going
to cost, I have decided it’s
not for me.
Without all the details, and
if I can’t make a decision
with my partner, I might not
bother with the benefits.
My benefit choices simply
don’t save me any money.
My benefits are poor
compared to my
friend’s company.
I wonder if my employer
is making money out of
these benefits?
Disengaged employees
don’t perform as well.
Will the benefits
actually make a
difference to me?
What options do
I have?
How much will they
actually cost me?
I want to make
decisions with
my partner.
Resulting
Problem A
It’s important to understand the challenges your employees face when trying to engage in their
benefits scheme. Common questions and the resulting issues that arise are in the table below :
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14. Secure the best employee engagement
strategies, health and wellbeing
programmes, pensions and auto
enrolment packages for your people
and your business.
Implement technology that will help
you manage your benefits, total reward
statements, online payslips, and voluntary
benefits efficiently so you have more time
to focus on developing your team.
Develop online and offline member
communication tools that are highly
targeted to engage your staff and
maximise the return on investment that
you get from your benefits.
Consultancy Technology Communication
Our Services
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15. If you’re interested in finding
out more about lumin, we’d
love to hear from you.
020 3869 6900
lumin@broadstone.co.uk
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