Thirteen products were named Top HR Products of the Year by Human Resource Executive and the HR Tech Conference. These products represent innovation at the intersection of human resources and technology and are moving HR forward.
This is one of the 13 winners: Paychex Flex® Perks.
What it is: Paychex Flex® Perks is a digital marketplace of employee benefits curated to address the needs of today’s diverse, five-generational workforce. Integrated directly into Paychex Flex, the company’s cloud-based SaaS solution, Paychex Flex Perks is tailored to the employee user experience, making it easy and intuitive to enroll in benefits, including access to earned wages, financial wellness solutions and voluntary lifestyle benefits. Employees can self-select additional benefits based on their personal needs while freeing up time for business owners and HR leaders to focus on more strategic initiatives that come with running a business.
Why we liked it: When we heard that 65% of Gen Z workers believe their employer is responsible for their financial wellbeing, we realized that demand for a tool like Flex Perks will only grow. This benefits marketplace is comprehensive and appealing, with no administrative heartache for benefits teams. With an evergreen opt-in, no remittance responsibility for HR and zero cost to the employer, this solution feels like an accessible, tech-backed boost to the benefits package for businesses of any size.
See also: HR Tech and Human Resource Executive announce the Top HR Tech Products of 2024
2024 Top HR Tech Products of the Year
- Analytics
- Benefits
- Core HR
- Employee engagement
- Talent acquisition
- Talent management
