Bringing efficiency and engagement to your world of work

Employee wellbeing begins before a new hire walks in the door. It is critical for companies to know that they are hiring the best people, providing them with the best support during their employment, and ensuring a smooth offboarding experience for when employees move on.

Experian's Employer Services (of which PayDashboard forms a part) is a comprehensive suite of products that streamlines the entire end-to-end employer/employee relationship. Key to this offering is employee wellbeing; by using a data and technology-led approach to ensure financial resilience across your workforce, you will inevitably generate a positive uplift in retention, employee satisfaction, productivity, and overall culture of wellbeing.

Here is a brief overview of each product and their benefits:

Onboarding (Experian's HRDi)

For many large businesses, the employee journey begins before their start date. Understanding your people is more than a box-ticking exercise. It's a crucial step in the foundation of your working relationship - knowing that you are hiring the best people is paramount to the success of your business and reputation.

During employment - PayDashboard & Employee Wellness Dashboard

With the right employees in place, the focus is now on engagement and retention. Having invested in understanding your new recruits, you'll want to support their mental and financial wellbeing. Employees of every pay grade have financial challenges. You might have c-suite executives struggling with rising interest rates on their mortgages, or junior analysts struggling with food and energy costs. The key is having the right data on-hand to see where these challenges lie, so that you can choose the best initiatives to support them.

Reward statements and payslips - PayDashboard

As we discussed in a previous blog, employees could get more out of their benefits if total rewards statements were articulated to make the financial benefits really clear. Having total rewards statements together with pay data makes the most sense, because the connection between pay and benefits and the associated savings is easier to understand as a whole, rather than in several disparate parts (or across several different systems!)

Sharing pay data - Work Report

Putting the power of pay data sharing in the hands of the employee is a win-win for all - especially for HR teams that spend hundreds of hours per year pulling legacy payslip data for verification purposes. Work Report allows employees to verify their income and employment in seconds with lenders of their choosing, ensuring they have the greatest chance of securing those mortgages or other loans.

Offboarding - PayDashboard

Retrieving old payslips or lost passwords for ex-employees is a headache most HR professionals can relate to. By bulk-uploading P45s and allowing employees to access historical payslips for up to 6 years, you'll be able to create efficiencies across your business while ensuring your reputation remains intact.

ARRANGE A DEMO

CHAT TO US

* conditions apply