20 Leading Companies of the Year 2022
Business Fortune

Total rewards programs offer businesses, especially small enterprises, a powerful advantage by centralizing all aspects of employee management, from benefits and pay to training and development. These programs encompass everything a business needs to attract and retain employees, including competitive salaries, bonuses, incentive pay, and growth opportunities like professional development and additional training. For small businesses, where fostering positive personal relationships with employees is crucial, a total rewards program provides a comprehensive system that simplifies administration and strengthens employee engagement.
Benify is at the forefront of transforming how companies manage and communicate their employee benefits and rewards. Their innovative platform is designed to create an exceptional benefits experience while streamlining benefits administration, automating processes, and enhancing communication of the employee value proposition. Benify’s award-winning solution is fully mobile, offering a platform and employee app that have revolutionized how modern employers engage with their teams. The platform’s high level of customization, combined with a built-in data mapping tool and powerful filtering capabilities, allows HR professionals to deliver personalized communication at multiple touchpoints, ensuring employees feel valued and informed.
Today, Benify stands as the market leader in global benefits and total rewards platforms, serving thousands of clients and over two million users worldwide. By helping employers create a superior benefits experience and optimizing costs, Benify is not just a tool but a strategic partner in enhancing employee satisfaction and retention. Their commitment to innovation and employee-centric solutions makes them a critical asset for any company looking to thrive in today’s competitive business environment.
Why Benify?
Immersive Global Experience: Benify creates an immersive and globally consistent experience by providing unique, personal, mobile, and local benefit and rewards enablement to every employee.
Enhanced Employee Value Proposition: An immersive global experience goes hand-in-hand with your Employee Value Proposition (EVP), which is essential for attracting and retaining talent.
Automated Data and Benefit Processing: Centralize and automate how you administrate benefit and reward-related processes from onboarding to distributing data to local insurers, carriers and payrolls.
Reduced Data Risk and Improved Governance: Automated data and benefits processing leads to better governance in how you manage and track data, therefore, reducing data compliance risk around things like GDPR.
Management of Benefit Costs: Immediately visualize and report your total employee offer and benefits enrollment in each country you operate in and make better, smarter and faster decisions.
Truly mobile: Its solution is truly mobile. With Benify’s mobile app, you can reach and engage your entire workforce “on-the-go” or on-the-sofa, throughout their entire employee lifecycle, with all the functionality of their platform.
In-built mapping tool: Its SaaS (software as a service) platform includes its own in-built data mapping tool allowing it to integrate with your existing on-premise or cloud platforms.
Dedicated product and development: The company has 250 employees in Product and Development dedicated to the continuous development and improvement of its market-leading benefits and total rewards platform.
Total Reward Platform
Salary is important. However, it doesn’t provide the whole picture. In today’s war for talent, it’s essential your employees feel valued and appreciated. And the best way to do this is making them aware of your full investment. Benify's research reveals that 80 percent of employees underestimate their total compensation. For employers, this unawareness results in lost money spent on unused benefits and an increased risk that employees will go somewhere else they believe they are better compensated. Their platform is highly customizable and offers an in-built data mapping tool as well as powerful filtering capabilities. The powerful yet easy to use communication engine allows administrators to easily connect with end-users at various touch points.
With Benify’s Total Rewards Experience, employees are presented with an engaging and digital visualization of their total reward. As a tool for both retention and attracting new talent, think of a Total Reward Statement as an enhanced employee value proposition that illustrates the true value of an employee’s total reward and compensation package beyond just his or her salary. Any changes to an employee’s compensation, such as a bonus or enrollment in a new benefit, are reflected and updated on their Total Rewards Experience in real-time and then linked to the Benify Communications Engine to ensure personalized reminders and updates. Use Benify’s Total Reward Experience together with the communication engine and app to drive employee engagement.
The Leader Upfront
Joakim Alm is the Chief Executive Officer of Benify. He has extensive experience within international leadership, sales and the development of various platforms specializing in employee benefits, pensions, and insurance scheme.