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Our Verdict
Looking to offer your employees perks that truly resonate with their needs and desires? Try Fringe Employee Benefits Software, the world’s pioneer in lifestyle benefits marketplaces. Unlike traditional offerings like health insurance or gym memberships, Fringe introduces a fresh approach. It’s an innovative platform that awards employees with redeemable points, opening the door to a plethora of enticing benefits. Think food delivery, streaming services, online wellness therapy, and much more. By putting the power of choice back in their hands, Fringe helps enhance their personal lives in a way that truly matters to them.
Step into the future of HR efficiency with Fringe Employee Benefits Software. Craft benefits packages tailored to each individual’s preferences, all while streamlining tasks through automation and seamless integration with your existing HR framework. Fringe’s intuitive interface transforms customization into art, while automation becomes your secret weapon for productivity.
Bid farewell to mundane data entry and welcome synchronized systems that keep your organization’s benefits landscape finely tuned. Empower your employees through a self-service portal, granting them the autonomy to manage their benefits choices and updates, allowing your HR team to focus on the bigger picture.
Beyond its technological prowess, Fringe champions compliance and security, safeguarding sensitive data from potential threats. Imagine a centralized hub where data-driven decisions take root, scalability is inherently designed, and your organization’s growth aligns seamlessly.
With the potential to revolutionize your HR landscape, heighten employee satisfaction, and yield tangible ROI, Fringe isn’t just a software solution; it’s a strategic leap towards streamlined operations and empowered teams. It reshapes the journey of benefits management into an experience that transforms your organizational dynamics.
To contact Fringe, the employee benefits software company, you have several options. You can visit their website at https://www.fringe.us/ and fill out a form to contact them. You can also email them at support@fringe.us or call them at 1-800-662-6177. Alternatively, think of visiting their office at 1717 E Cary St, Richmond, VA 23223, USA, if you are nearby. Fringe is always happy to hear from you and answer any questions you may have about its platform and services.
Pros
- Offers valuable and personalized benefits that employees actually want and need, which makes you stand out as an employer and attract top talent.
- Provides employees with support and recognition that improves their quality of life, thus increasing employee loyalty, satisfaction, engagement, and productivity.
- Offers benefits such as paid time off, flexible work arrangements, and wellness programs that reduce stress levels, and enhance employee well-being and work-life balance.
- Simplifies the administration and management of benefits through an easy-to-use platform, which helps you save time and money, as an employer.
Cons
- Consider Fringe’s suitability for your industry or company size, as certain benefits might not hold relevance or feasibility for specific business types or employee categories.
- Factor in potential increases in your benefits budget when implementing Fringe, as certain benefits could come with higher costs or require additional resources for seamless execution.
- Be aware of potential legal or tax implications tied to Fringe, as certain benefits could fall under the purview of regional or national regulations, subjecting them to taxation.
- Prepare to manage misunderstandings with your employees. When adopting Fringe, particularly for benefits that demand clear policies or agreements to prevent misunderstandings or conflicts.
Who Fringe Employee Benefits Software Is Best For
Choose Fringe Employee Benefits Software if you:
- Need software that makes it easy to reward your employees with perks and benefits that match their desires
- Seek software that caters to the diverse needs and preferences of different segments of employees, such as millennials, parents, freelancers, and remote workers
- Prefer software that caters well to businesses with limited HR expertise or resources, as its intuitive interface simplifies complex tasks.
- Want a platform that adapts to the changing trends and demands of the market.
- Need software that constantly updates its offerings and vendors to provide the best options for its users.
- Desire a platform that helps you create a positive and lasting impact on your employees’ lives.
- Seek a tool that improves your employees’ loyalty, satisfaction, engagement, and productivity by providing them with support and recognition that improves their quality of life.
Who Fringe Employee Benefits Software Isn't Right For
Don’t go for Fringe Employee Benefits Software if you:
- Manage a small organisation, as you may not have enough budget to afford Fringe’s pricing plans.
- Run an organisation with unique benefit needs, such as highly specialized or niche sectors. Fringe does not cover some industry demands, and might not align with needs of such industries.
- Have a workforce that struggles with technology adoption or prefers traditional methods
- Have an HR team that is small or lacks the capacity to manage the software’s features effectively.
What Fringe Employee Benefits Software Offers
Here are some of the key features of the Fringe employee benefits software:
- Fringe points
- Fringe marketplace
- Fringe dashboard
- Fringe app
- Fringe integrations
Fringe Employee Benefits Software Details
Fringe points
Fringe points serve as currency with which you, as an employer redeem perks and benefits on the platform. Allocate a certain amount of points to each employee every month, based on their budget and goals. Employees can choose how to spend their points on hundreds of different options, such as food delivery, streaming services, online, wellness therapy, and more. Employees can also save or rollover their points for future use, or donate them to a charity of their choice.
Fringe Marketplace
Fringe Marketplace is the online platform where your employees can browse and redeem their perks and benefits. The marketplace offers a wide range of categories, such as entertainment, fitness, health, education, family, travel, and more. The marketplace also features curated collections, such as work-from-home essentials, mental health support, or family fun. The marketplace goes through regular updates with new offers and vendors to provide you with the best options.
Fringe dashboard
Fringe dashboard is the online platform where you can manage and monitor your employees’ benefits program. The dashboard allows you to set up your account, enroll employees, allocate points, view reports, and track metrics. The dashboard also provides insights and recommendations on how to optimize your benefits strategy and achieve your goals.
Fringe app
Fringe app is a mobile application that allows employees to access and redeem their perks and benefits on the go. The app is available for both Android and iPhone devices. The app has the same features as the marketplace, such as browsing categories, redeeming offers, viewing balance, history, and favorites, discovering new options and vendors, etc. The app also sends you notifications and reminders about their points and perks.
Fringe integrations
Fringe integrations are the connections that allow Fringe to work seamlessly with other platforms and tools that you or your employees use. For example, Fringe integrates with payroll systems, such as ADP or Gusto, to automate point allocation and taxation. Fringe also integrates with communication tools, such as Slack or Microsoft Teams, to send announcements and updates about the benefits program. Fringe can also integrate with other employee experience platforms, such as Lattice or Culture Amp, to enhance employee engagement and feedback.
PRO TIPS >>> Employee Monitoring Software Features
Pricing Tiers
Fringe offers two pricing tiers, which are:
Fringe
This offers a basic plan at a cost of $5 per user per month. This plan enables you to provide your employees with a range of customizable perks and benefits, including food delivery, streaming services, online therapy for wellness, and more. On the Fringe marketplace, you have the freedom to choose how you want to utilize your points from a wide range of options. Manage and monitor your employee benefits programme using the Fringe dashboard. The plan encompasses integrations with payroll systems and communication tools, along with providing access to the Fringe app.
Fringe Plus
This is the advanced plan, that costs $10 per user per month. The plan encompasses all the features of the Fringe plan, along with extra benefits like paid time off, flexible work arrangements, wellness programs, and more. Employees have the option to save or rollover their points for future use, or can choose to donate them to a charity of their preference. You can also receive valuable insights and recommendations on how to optimize their benefits strategy and successfully achieve their goals. The plan encompasses integrations with other employee experience platforms, along with providing access to advanced analytics and reporting capabilities.
Where Fringe Employee Benefits Software Stands Out
Here are some of the unique features of Fringe that make it different from its competitors:
- Fringe offers a wide range of perks and benefits that cater to the diverse needs and preferences of different segments of employees, such as millennials, parents, freelancers, remote workers, and much more. Fringe also adapts to the changing trends and demands of the market, as it constantly updates its offerings and vendors to provide the best options.
- Fringe allows your employees to choose how to spend their points on hundreds of different options on the Fringe marketplace. Employees can also save or rollover their points for future use, or donate them to a charity of their choice. This gives employees more control and flexibility over their benefits and increases their satisfaction and engagement.
- Fringe simplifies the administration and management of benefits through an easy-to-use platform. You can set up an employer’s accounts, enroll employees, allocate points, view reports, and track metrics through the Fringe dashboard. You can also get insights and recommendations on how to optimize their benefits strategy and achieve their goals.
- Fringe integrates seamlessly with other platforms and tools that you or your employees use.
Where Fringe Employee Benefits Software Falls Short
While Fringe Employee Benefits Software offers numerous benefits, it’s important to be aware of its potential drawbacks as well. Here are some drawbacks to consider:
- It requires a learning curve to transit to new software.
- It costs more than small businesses with limited resources can afford
- It presents customization complexity, which may overwhelm you.
- It limits suitability to some industries with unique benefits requirements.
- It requires time and effort to implement new software
- It poses challenges to integrate with some legacy HR systems, which potentially require technical expertise to ensure a seamless connection.
- It poses some legal or tax implications for employers and employees, as some benefits may be subject to regulations or taxation depending on the region or country
GET SMARTER >>> Gusto Employee Benefits Software Review
Alternatives to Fringe Employee Benefits Software
If Fringe employee benefits software is not accessible or does not work for you, here are some of the possible alternatives:
Bonusly
Offering peer-to-peer recognition and rewards, Bonusly stands as a leading platform fostering appreciation and feedback in the modern workplace. It enables employees to grant gift cards, donations, experiences, and more. Bonusly’s social and gamified elements earn praise for its seamless integration with tools like Slack or Microsoft Teams. Partnering with reputable organizations such as LinkedIn, Hulu, and Oracle bolsters its credibility. Bonusly empowers employees to actively recognize and reward their peers, fostering a culture of appreciation.
Gusto
Gusto takes a personalized approach, delivering meaningful rewards like gift cards, experiences, and charitable donations. It is a straightforward yet impactful recognition and rewards platform that strives to elevate employee engagement and retention. Users commend its diverse selection, user-friendly interface, and robust customer support. With accolades like Great Place to Work, B Corp, and Tech Impact Awards, Gusto showcases its commitment to making a difference in employees’ lives.
Awardco
For flexible and scalable rewards, Awardco offers options like Amazon products, travel packages, experiences, or cash. It has powerful global recognition and rewards platform and emphasizes enhanced employee happiness and loyalty. Users appreciate its customization features, transparent pricing, and insightful analytics. Collaborations with renowned brands including Amazon, Priceline, Delta Airlines, and Ticketmaster underscore its quality and reliability. Awardco stands as a versatile solution, providing a vast array of possibilities to engage and motivate your employees.
Customer Reviews
Fringe software has garnered predominantly positive customer ratings and reviews from a variety of sources. Here are a few of the highlights:
Fringe has received a rating of 4.6 out of 5 stars on G2, based on a total of 212 reviews. Out of all the reviewers, 78% gave Fringe a 5-star rating, while 18% gave it a 4-star rating. The reviewers commended Fringe for its wide range of options, flexible point system, user-friendly interface, and excellent customer support. The negative feedback highlights a few areas of concern, such as the absence of certain benefits, challenges in locating specific vendors, and occasional glitches or errors.
Fringe has a rating of 4.7 out of 5 stars on Trustpilot, based on 83 reviews. Out of all the reviewers, 81% rated Fringe as excellent, while 14% rated it as great. The reviewers praised Fringe for its diverse range of offerings, high quality, convenience, and enjoyable experience. There were several complaints, including the high cost, limited availability, and inadequate communication.
Pro Tips
Here are some pro tips to help you make the most of Fringe Employee Benefits Software:
- Explore the Fringe marketplace
- Invest time in comprehensive training for both your HR team and employees to understand the software’s features and functionalities.
- Communicate the benefits of the software in a simplified way to your employees to encourage buy-in and maximize resistance.
- Define a clear customization strategy that aligns with your organization’s goals and employee preferences without creating unnecessary complexity.
- Run a pilot implementation with a smaller group of employees before rolling out Fringe company-wide.
- Ensure that accurate and up-to-date data is what you transfer to Fringe.
Recap
Fringe is more than just an employee benefits software – It is a well-being marketplace that empowers your employees to choose the services and experiences that matter most to them. Whether it is fitness, education, entertainment, or travel, Fringe caters to all tastes. By offering a personalised and flexible benefits package, Fringe helps you create a happy and healthy workforce that is loyal and productive. Fringe also provides data and insights that help you measure the impact and ROI of your benefits program. It’s an opportunity to transform your workplace culture and welfare.
