Are Your Employees Making Their Pension Selections Online?
Are Your Employees Making Their Pension Selections Online?
In today’s digital-first workplace, employees expect to manage their benefits with the same ease and flexibility they experience in other areas of life. That includes pensions—one of the most valuable and often underutilised parts of a benefits package.
At Lightbox Reward, we’ve made it simple for employees to make their pension selections online, securely and intuitively.
Why Online Pension Selection Matters
Manual pension selection processes can be time-consuming, error-prone, and disengaging. By enabling online selections, you:
- Empower employees to take control of their financial future
- Reduce admin time and paperwork for HR teams
- Ensure compliance with pension regulations
- Improve visibility and reporting for Finance and Benefits teams
How Lightbox Makes It Easy
Our platform includes a Bonus to Pension module that allows employees to allocate bonuses directly to their workplace pension. This module supports:
- Bulk uploads of bonus data
- Real-time updates to Total Reward Statements
- Flexible configuration to suit your scheme rules
- Secure submission with audit trails
Employees can also:
- View pension options and contribution levels
- Opt in or out of pension-related benefits
- Submit requests from any device, at any time
What Employers Can Expect
Whether you’re using Lightbox Essentials or have upgraded to Lightbox Professional or Flex, you can:
- Enable pension modules tailored to your scheme
- Automate communications and reminders
- Track engagement and selections with clear reporting
Final Thoughts
Online pension selection isn’t just a convenience—it’s a strategic move towards better engagement, compliance, and financial wellbeing. If your employees aren’t yet making their pension selections online, now’s the time to explore how Lightbox Reward can help.
To activate pension modules or request a demo, contact us at [email protected].
