Overview
What is Benepass?
Benepass is positioned as a flexible benefits platform designed for people-first companies. According to the vendor, it offers personalized, global employee benefits programs that adapt to the needs and preferences of employees. The platform is suitable for businesses of various sizes, from small enterprises...
Reviewer Pros & Cons
Product Details
- About
- Tech Details
What is Benepass?
Benepass is positioned as a flexible benefits platform designed for people-first companies. According to the vendor, it offers personalized, global employee benefits programs that adapt to the needs and preferences of employees. The platform is suitable for businesses of various sizes, from small enterprises to large corporations, and caters to industries such as tech, healthcare and biotech, retail, financial services, and professional services.
Key Features
Benepass Remote Work Account: According to the vendor, this feature is designed to support employees working remotely or in a hybrid work environment. It allows companies to provide a stipend for setting up a productive home workspace, covering expenses such as office furniture, supplies, technology, phone and internet service, and coworking office subscriptions.
Benepass Rewards and Recognition: The vendor states that this program enables companies to personalize employee recognition by providing a monetary reward. Employees can choose how they want to be celebrated and use their Benepass Rewards and Recognition funds to purchase gifts or experiences that are meaningful to them.
Benepass Lifestyle Spending Accounts: According to the vendor, this feature offers employees flexibility in spending their benefits across categories such as fitness, mental health, family care, and professional development. Employees can use their Benepass Lifestyle Spending Account to pay for expenses like gym memberships, therapy sessions, child care, and educational courses.
Benepass Wellness: The vendor claims that this feature empowers employees to personalize their own wellness journey. Companies can offer a range of wellness benefits, including fitness memberships, wellness classes, mental health services, and wellness products. Employees can use their Benepass Wellness funds to pay for these wellness expenses.
Benepass Flexible Spending Accounts: According to the vendor, this feature enables employees to use pre-tax dollars to cover qualified medical expenses. Employees can contribute a portion of their salary to the account, which can be used for expenses such as doctor visits, prescription medications, and medical supplies. The funds in the account are tax-free, helping employees save money on healthcare expenses.
Pre-tax Benefits: The vendor claims that Benepass allows companies to design and manage various pre-tax benefits programs, providing employees with tax advantages for expenses like healthcare, dependent care, and commuting.
Perks Programs: According to the vendor, companies can create and manage perks programs with Benepass to offer employees exclusive discounts, deals, and special offers from a wide range of vendors and service providers.
Health Reimbursement Arrangements: The vendor states that Benepass supports the management of health reimbursement arrangements, allowing companies to provide employees with tax-free funds to cover eligible healthcare expenses.
Family and Childcare Accounts: According to the vendor, this feature enables companies to offer family and childcare accounts, allowing employees to set aside pre-tax dollars to cover expenses related to dependent care, including daycare, after-school programs, and summer camps.
Commuter Programs: According to the vendor, Benepass helps companies manage commuter programs, allowing employees to use pre-tax dollars to pay for eligible commuting expenses such as public transportation passes, parking fees, and bike-sharing memberships.
Benepass Features
- Supported: Deduction Management
- Supported: Employee Benefits Administration
- Supported: HSA/FSA Administration
- Supported: Online Benefits Enrollment
- Supported: HIPAA Compliant
- Supported: Benefits Dashboard
- Supported: Benefits Administration Outsourcing
Benepass Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Web-Based, Android, iPhone, iPad |