Employee attitudes, outlooks, and expectations continually change. Unless the employers adapt and respond to these changes swiftly, they risk failing to attract or retain the top talent. Against this backdrop, the employee benefits technology space has been evolving over the years, from simple benefit enrollment systems to modern full benefits administration capabilities.And today, driven by those changes, the sector is also witnessing an increasing shift toward more customized benefits delivery platforms to help engage employees on a deeper level.
Leading-edge technologies, including artificial intelligence (AI), machine learning, and big data, are at the forefront of the domain to facilitate this paradigm shift. While these technologies help in ensuring employee confidence when selecting a plan, they also grant employers the ability to control the benefit costs. AI is also playing a significant role in helping employees avoid burnout through tools, which encourage real-time engagement, provide personalized recommendations, and aid with better mental health.
At this juncture, there is a variety of employee benefits service companies and solution providers available in the market that cater to the different needs of employers. To help them choose the solution or a service provider that best fits their requirement, HR Tech Outlook has compiled lists of top 10 emerging employee benefits solution providers and the top 10 employee benefits service companies. The enlisted companies are the frontrunners in the market that provide a wide span of features. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CXOs.
We present to you HR Tech Outlook’s, “Top 10 Employee Benefits Service Companies – 2021.”
