Amba, formerly PES, the employee benefits consultancy, is launching an innovative, environmentally focused technology solution called, Lumina. The new platform presents a rethink of the types of workplace benefits that Generation Z and millennial employees are motivated and engaged by. Lumina allows employers to give their staff the means to manage their working lives, including more choice and control over their employee benefits package, offering them access to the UK’s broadest range of ethical benefits.
The solution is billed as a mobile first, digital platform, which houses live links to all of an employee’s HR systems in one central hub, from payslips, HRIS integration, ISAs and pensions, through to healthcare, salary sacrifice schemes and wellbeing benefits. The new platform is accessible to businesses of any size, regardless of sector or maturity in providing benefits to staff.
In addition, the platform features exclusive access to the ‘greenest’ and most ethical employee benefits available. The portal plays host to a number of unique features, including Lumina Electric, Lumina Care, Lumina Money, Lumina Calm and Lumina Flex. Here, employers can offer their staff access to ethical benefits options, including contributions towards electric vehicles, wellbeing apps and green savings initiatives.
Tobin Murphy-Coles, CEO at Amba, comments: “Over the past few years there has been a dramatic shift in both the demographic of the UK workforce and the values that they hold true. The things that matter most to employees have changed. There’s much more focus on the ethical and sustainable values of a company. It is crucial that these values are reflected in the types of benefits a business offers in order for it to remain competitive. Young people want good benefits that do good too. That’s where Lumina steps in.”
Amba is introducing this innovative new technology to help employers reflect the changing views of modern-day employees. With millennials and Gen Z now making up over 50 per cent of the workforce, salary is no longer king, and the next generation of talent are putting far more emphasis on ethics, culture and sustainability.
Designed in response to this shift in priorities, the Lumina Money scheme, which is featured on the portal, gives employees a much greater freedom to decide where their money is being spent. For instance, staff using the programme can choose to put money into ISAs instead of their pension and swap holiday days for additional salary. The innovative platform will also offer access to the world’s first net zero pension, in partnership with Cushon.
“The fight for top talent is changing and is fiercer than ever,” says Tobin Murphy-Coles. “Businesses and HR teams need to be aware that there is a shift in the demands of the modern employee. There is an employee revolution coming and the Lumina platform is at the forefront of this movement. Companies and HR teams who come on board now will be operating in a different benefits league from their competitors.”