Netwealth is one among Australia’s main wealth and portfolio administration corporations, and with 500 workers working throughout a number of divisions. When the corporate observed that workers weren’t partaking with its earlier reductions providing, the staff determined to search for a brand new platform that would match Netwealth’s wants whereas driving retention.
An inner survey revealed that workers needed a a lot wider vary of reductions that may cater to a broad workforce demographic. The platform wanted to really feel relatable to everybody in order that Netwealth might guarantee buy-in and degree of adoption throughout the whole workforce.
Ongoing assist was an essential issue, too, in order that Netwealth might customise the platform when wanted and experiment with new initiatives to maximise engagement.
Netwealth partnered with Reward Gateway to collate quite a lot of enticing reductions that may meet the expectations of Netwealth’s wide-ranging workforce. It was essential that workers might simply flick through vouchers, reductions, Cashback choices and tech offers to seek out nice affords that appealed to their particular person pursuits, one thing which was made attainable by way of the customizable worker engagement platform, dubbed “WorkPerks.”
The staff needed to take their Worker Worth Proposition to the subsequent degree to face out as an employer of selection within the business, so particulars like cell optimization, single-sign-on entry and wellbeing content material have been all important to growing a world-class EVP. The platform’s Wellbeing Heart affords exercise movies, meditation instruments, recipes and extra to offer further assist to workers.
87% of Netwealth’s total workforce are actually registered customers on the platform, which is a results of the staff’s intensive promotion of the platform. Within the first 12 months of utilizing the platform, workers spent $419k by way of the platform and saved $24.4k. Impressively, the group has seen a 180% ROI on their general program.
Learn the total case examine to be taught extra about Netwealth’s worker engagement journey.
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