Transcription
A guide to programs andfunding strategies.
Index of Programs:Remote & Hybrid SupportLifestyle BenefitsWellbeing ProgramsWork AnniversariesRewards & RecognitionGlobal Benefits EquitySubsidy ProgramsEmployee GiftingRecruiting and New HiresPTO Trade
Remote & HybridSupportProvide practical and meaningfulsupport wherever your employeesare, whether that’s at home or inthe office.Where To Find The Budget:Repurpose WFH stipends andallowances in a more holistic wayfor employees to meet theirindividual needs.From mental health to grocery delivery,online workouts, and kids’ learning apps,Fringe meets employees right where theyare at HOME!
Lifestyle BenefitsMonthly allocation that allows eachemployee to customize benefits thatfit their lives.Where To Find The Budget:Wellness stipends, gymreimbursements, in-office perks, lunchand snack budget, or replacement ofunder-utilized programs.
Wellbeing ProgramsOffer more diversity and choice inyour wellness programs withoutthe administrative headache.Where To Find The Budget:Current wellness budget, gymmemberships, financial wellnessprograms, in-office wellnessclasses, or insurance carrierwellness credits*.*Ask us about health insurance funding of Fringe!Personal healthcare assistant forcoordination of care services.A financial wellness offering that canreduce employee financial stressthrough personalized financial planning.Student loan repayment benefits.A service that gives moms the toolsthey need as they transition back towork.Delivers fresh baby food, toddler, andbig kid meals across the US right toyour door.
Work AnniversariesAllow your employees to choosecustomized work anniversary gifts.Where To Find The Budget:Existing milestone and anniversaryprograms or holiday/birthday gifts.
Rewards &RecognitionNo more gift cards! Standardizenon-cash rewards across yourorganization.Where To Find The Budget:Existing gift card rewards, spotrewards and cash bonuses, oremployee recognition awards.
Global Benefits EquityEmbrace a holistic vision to offer yourdistributed and global workforcepersonalized benefits through oneplatform. We now serve employees inover 50 countries! Gone are the daysof having to offer different lifestylebenefit packages for employees ineach country! Do it simply throughFringe.
Subsidy ProgramsAllow employers to select vendorsthat meet objectives and apercentage to subsidize. These arethen offered, at a reduced cost, onthe Fringe Marketplace.Where To Find The Budget:Current wellness budget,under-utilized programs, financialwellness initiatives, in-officewellness classes, or insurancewellness credits.Key takeaways from the data:1.The average subsidy acrossvendors included in the programwas 75%.2.The average subsidy perparticipant was 59.3.Communication is key. In themonths following coordinatedmessaging about the subsidyprogram, engagement would jumpan average of 164%.
Employee GiftingAllow employees to give gifts toeach other and to charity.Where To Find The Budget:Employer matching to charity,replace peer-to-peer giftingprograms.
Recruiting and New HiresWelcome new hires with Fringepoints as part of a swag pack orreward employee recruitingreferrals.Welcome tothe team!Where To Find The Budget:New hire bonuses and welcomepacks, recruiting incentiveprograms, cost savings fromrecruiting more efficiently!Taylor
PTO TradeAllow employees to exchangeunused PTO for Fringe points thatwill give them access tocustomized benefits.Where To Find The Budget:Employees convert unused PTO toequivalent value in Fringe pointswhile removing PTO liability fromthe company’s books.Jason M.8 hrs.ACCEPTEDYou have:2,000 PTSStudent loan repaymentMassage membershipTransportation benefits
Additional Funding StrategiesCarrier Wellness CreditsCarriers often provide 10- 100k in wellnesscredits that can be used on wellnessincentive programs like Fringe.Broker DiscountsWe offer preferred pricing through yourbenefits broker or consultant - ask yourbroker to reach out to Fringe to learn more!
Subsidy Programs Allow employers to select vendors that meet objectives and a percentage to subsidize. These are then offered, at a reduced cost, on the Fringe Marketplace. Where To Find The Budget: Current wellness budget, under-utilized programs, financial wellness initiatives, in-office wellness classes, or insurance wellness credits. 1.
