Bento Seeks To Offer Employees More Economic Freedom
Bento Seeks To Offer Employees More Economic Freedom. Bento is an out-of-the-box employee perks and benefits platform. It gives employers a simple and cost-effective solution to offer employee benefits without the cost and administrative burden. Employees are empowered to self-manage their benefits and perks which gives them freedom of choice over their remuneration structure and take-home pay.
Bento is a plug & play employee benefits & perks solution for SMEs and start-ups that boosts talent attraction, retention and employee happiness. Modern day employees are demanding more choice, personalisation and control when it comes to how they optimise their remuneration in ways that are more relevant to their desired needs. The reality is that most start-ups and small businesses don’t have the time, available funds and know-how to supply these options that they know will keep their workforce happier.
Bento provides a platform that can match make employee needs with relevant solutions in the market. Employers configure and set their remuneration offers and allow employees to self select and manage a flexible variety of options, straight from their mobile. Bento is offering the innovation that employers sorely need at much lower cost and effort to the company.
Bento is in the works as part of the AlphaCode Programme. It would like to work with its future employees, partners and customers to co-create the customer centric solution that will make everyone happy. South Africa’s best up and coming fintech start-ups sweated it out at a virtual demo day where they had just five minutes each to convince a panel of judges that they should be part of the second phase of the AlphaCode Incubate programme.
The 10 start-ups, which have just completed a three-month programme, competed for one of four places in an extended 6-month programme valued at almost R1.5-million each. Their success, which was validated by their ability to get traction in a short time, unlocks further funding of R500 000 each and tailored business support. The company was co-founded by Claudia Snyman, Dennis Williams, Bryn Divey and Ross Horak.
