Willis Group Holding's UK Employee Benefits Practice has introduced TotalRewards, a new online service to help employers maximize the impact of their employee benefits program by streamlining its management, administration and communication.
Willis said that the TotalRewards delivers an online employee portal personalized to represent an employer’s requirements and brand that brings together the various rewards, benefits and services on offer to employees.
The service enables employees to view the overall value of their personal package with information and resources to explain each element, helping to increase understanding, awareness and take up of the benefits available.
The insurer added TotalRewards can also provide a cost-effective way for employers to offer the flexibility for employees to tailor their benefits to reflect the diverse needs and values of workforce.
In addition, the TotalRewards solution can be used to manage employee leave and absence, to have better control over employee absenteeism.
Willis Employee Benefits managing director Tony Powis said that the TotalRewards enables the company to deliver innovative and creative solutions to support the clients in attracting, retaining and motivating employees.
"The addition of TotalRewards to our existing employee benefit and risk management services allows Willis to devise holistic programs for employee risk and reward," Powis said.