Over the last couple of years, we’ve become even more reliant on technology. As a result, the Technology Scheme has become even more popular with employees.
Whether it’s work, study or play or even connecting with our loved ones, technology plays a huge part in our lives.
The cost of tech can add up, however. A good laptop for studying or connecting with loved ones over Zoom can go into the hundreds or even the thousands if you’re after higher end kit like a MacBook for example.
An iPad for family entertainment can cost a lot too, and one tablet is rarely enough.
We tend to take all this technology for granted, but our reliance on it makes the Technology Scheme hugely popular and hugely important.
Our use of technology
Research by Deloitte revealed that:
- 40% did more online shopping through lockdowns
- 14% had more remote appointments with their health practitioners
- 33% streamed more films and/or TV series on Subscription Video-on-Demand (SVOD) during lockdowns.
Their research also showed that many respondents said they’d continue these behaviours into the future.
Even banking has turned digital and many of us rely on online banking apps to manage our finances or even use completely digital banks with no physical branches at all. Banking apps are becoming more sophisticated too, allowing for cheques to be paid in without visiting a physical branch for example.
Online shopping has perhaps seen the biggest change and food delivery has surged.
Healthcare has also seen a dramatic change with virtual appointments on mobiles, laptops and tablets seeing an increase, making reliable technology even more important.
The way we work and study has for many also shifted dramatically and many businesses have accelerated their digital transformation programmes to accommodate the changing behaviours and needs of employees.
With all this considered, the Technology Scheme is more important than ever in supporting employees and making tech more affordable and accessible.
Spreading the cost with no credit checks
The Technology Scheme helps take the sting out of the initial cost of new tech by allowing employees to spread the cost over 24 months, interest free with no credit checks.
The scheme makes the process incredibly simple and easy and gives employees more options when it comes to financing their tech.
This helps make better and more reliable technology more accessible to more of your employees, helping those who might have otherwise decided it was too expensive to finance a new laptop or iPad for example to connect with friends and family or study more easily.
Connecting with loved ones
Whatever you think of the Friday night family Zoom quiz, technology has helped us stay more easily and safely connected to our friends and families in recent times.
The Technology Scheme isn’t just restricted to use by employees, and staff can use the scheme to buy tech for their family too.
So, if an employee wants to buy an iPad for their parents so they can stay connected, they can do so using the scheme and spread the cost easily.
Sometimes, just having a good internet connection isn’t enough and having the right tech can make all the difference on a Zoom call with family.
Working and studying
The Technology Scheme can be used by parents sending their children off to university with a brand-new MacBook or graphics tablet to help with their studies.
Equally, many have taken advantage of a better work-life balance through hybrid or remote working to study alongside their full-time work, again something which the Technology Scheme can support.
It could be a brand-new laptop or even a printer. Any tech that can be used to support work or studying can be bought through the Technology Scheme.
Play and entertainment
In the last few years, the topic of work-life balance has gained more and more traction as burnout poses a real threat to employees.
Switching off outside working or studying, relaxing and keeping the family entertained are incredibly important for a good work-life balance and good mental health.
Since the rapid rise of flexible working, many employees have actually found themselves working longer hours, so it’s even more important to encourage employees to switch off and relax when they can.
So, whether it’s a new smart TV, tablet or games console, the Technology Scheme can help make entertainment for the family more affordable and accessible.
Birthdays and the festive season
The Technology Scheme gives employees an extra option when it comes to buying gifts for birthdays and the festive season for example.
There’s also the Christmas Club scheme available for this too, where employees can save through the scheme throughout the year in preparation for their festive gift shopping.
Spreading the cost, interest free can really help. Good financial wellbeing goes a long way to supporting good mental wellbeing too.
Employers have full control
The Technology Scheme comes with loads of great benefits for employers too.
Employers can set maximum spending limits on the scheme and can even set spending limits for groups of employees for even better optimisation of the scheme.
Employers have full control over when the scheme window runs too so the scheme best suits both the employer and employees.
The scheme Is hugely popular with employees, incredibly easy to set up and administrate and is guaranteed to benefit your team in many different ways.
Offer the Technology Scheme to your team
Some employee benefit schemes make up the core of the employee benefits provision for many different businesses, like the Bike to Work scheme and the EAP for example. Almost all employers offer them due to their immense popularity and take-up.
The Technology Scheme falls into this category too as it’s a scheme guaranteed to benefit lots of your employees.
Schemes like these support your overall employee benefits engagement particularly when hosted alongside your other benefits on an employee benefits platform.