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Zest and Newcastle Building Society collaborate on employee benefits technology.

April 15, 2024
1 Min Read

Newcastle Building Society has partnered with UK fintech Zest to expand its benefits package, which offers more flexibility to its 1,750 employees.

Zest, which was established in 2004, provides a platform for companies to oversee and monitor the benefits packages they provide to staff members.

According to the fintech, its solution would provide staff at Newcastle Building Society access to all perks in one place and let them select awards based on their own preferences.

According to the fintech, this will improve "value for money" and boost the competitiveness of its talent acquisition initiatives.

The building society also hopes that the agreement would encourage its peers to actively assess their pension contributions and to review their benefits more often.

The corporations claim that more than 11% of the workers at Newcastle Building Society have increased their pension payments since Zest was implemented.

According to Newcastle Building Society's head of rewards, Ben Thomas, "colleagues can now easily make changes and take control of their benefits" thanks to the new platform.

He continues by saying that the Zest solution's features—such as its ability to interact with other services and allow for "single sign-on" straight into the platform—have greatly increased employees' access to critical information.

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