Blog

Why it’s important to help your people with essential tech purchases

uploaded on 23 November 2024

Find out how to show your support and appreciation with SmartTech™

Today’s public and private sector employers recognise financial wellbeing is key to the way thy support their workforce. With day to day costs still difficult to manage, they know employees face greater financial strain which can impact their productivity and stress levels.

One way companies are increasingly stepping in to alleviate some of this pressure is by providing more cost-effective access to tech goods and household appliances

And with good reason. When a household appliance like a fridge or washing machine breaks down, the need for a replacement is immediate. The unexpected cost can also have a significant impact on what else we spend income on – from holidays, to clothes or even the weekly shop.

 

Equally many families are under pressure to spend an increasing percentage of their income on tech such as laptops and peripherals – but in some cases they simply can’t afford to. According to recent research, for instance, 26% of young people in the UK do not have access to a laptop or similar device at home, creating a digital divide that affects educational outcomes and limits opportunities.

 

At Reward Gateway Edenred, we are helping to bridge this kind of gap with SmartTech™ - a strong and proven benefit that helps your employees get the latest technology with instant access to free financing on thousands of products.

The benefits are clear and wide ranging:

Easy to use, no additional debt through APR

SmartTech™ operates via salary sacrifice and is simple for employees to access and use. Whether the need is immediate, or they simply want to upgrade, employees can instantly purchase over 5,000 products from Currys PC World at the lowest price, then spread the payments over time with no interest or upfront payments.

 

Easy for HR

For HR and benefits teams, administration is light. With SmartTech™ there’s no need to process individual requests. Employee voucher purchases are pre-approved based on the criteria you’ve set for employee spend and duration of the pay period. Plus, Currys PC World will take care of all warranty redemptions, customer service queries or deliveries.

 

A valuable addition to your EVP

SmartTech™ is also a great addition to your overall EVP. You not only help to protect your employees against the upfront cost of new purchases, you extend the benefit to their families too. Alongside your other key benefits such as employee discounts, it’s one more way to help people with the cost of living and to show your appreciation.

 

From a social value perspective, we’re also proud that our SmartTech™  partner Currys PC World has spearheaded to the creation of the Digital Poverty Alliance – an organisation that strives to bridge the digital divide by enhancing digital literacy and ensuring everyone has the connectivity they need to thrive in today’s world. 

 

Want to get on board?

Contact your account manager or discover more on the SmartTech™ pages on our website.

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