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Offer insurance benefits for employees globally.
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Discover a wide range of cost-saving employee benefits.
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Support your team's mental and physical health with employee benefits.
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Benefits Glossary

A list of the most common Employee Benefits related terms and their definitions.
Glossary terms
Mental health benefits
Learning and development
cycle to work
Flexible allowance
Tax free childcare
Fringe benefits
Employee perks
Workplace nursery
Sabbatical Leave
Jury Duty Leave
Work From Home Allowance
Employee assistance programmes (EAP)
Dental Insurance
Holidays
Life Insurance
Health Insurance
Employee benefits
Flexible benefits
Maternity Leave
Paternity Leave
Employee Wellbeing
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Dental Insurance

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Employee Wellbeing

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Employee assistance programmes (EAP)

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Employee benefits

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Employee perks

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Flexible allowance

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Flexible benefits

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Fringe benefits

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Health Insurance

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Holidays

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Jury Duty Leave

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Learning and development

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Life Insurance

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Maternity Leave

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Mental health benefits

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Paternity Leave

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Sabbatical Leave

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Tax free childcare

Read more

Work From Home Allowance

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Workplace nursery

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cycle to work

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© 2023 Thanks Ben LTD
Thanks Ben Ltd. is an appointed representative of Stubben Edge (Risk) Limited (FRN: 943286) which is authorised and regulated by the Financial Conduct Authority("FCA"). Stubben Edge (Risk) Limited (No 09073942) is registered in England and Wales. Registered office: 9th Floor 107 Cheapside, London, United Kingdom, EC2V 6DN.  Ben is a trading name of Thanks Ben Ltd, a company registered in England and Wales (No. 12335851) with a registered office at 9th Floor 107 Cheapside, London, United Kingdom, EC2V 6DN. The Payment account and Mastercard cards are issued by Paynetics AD (via Paystratus Group Ltd, a Technical Provider of Paynetics AD) with company address 76A James Bourchier Blvd, 1407 Sofia, Bulgaria, company registration number 131574695 and VAT BG131574695, pursuant to license by Mastercard International Incorporated and Bulgarian National Bank. 

To ensure your funds are safe Paynetics follow a process known as ‘safeguarding’ which is a regulatory requirement for all EMIs. In this process Paynetics keeps your money separate from its own money and place it in a safeguarding account with a Bank. 

Electronic Money issued is not covered by any Deposit Guarantee Scheme which is a government backed scheme offering protection to customers’ funds of up to €100,000 (£85,000 in the UK under the FSCS) per customer. However, in the event of an insolvency, your funds would remain in the safeguarded account at the designated Bank and separated from Paynetics’ accounts. 

In the event of Paynetics going out of business, an insolvency practitioner would be appointed to return the funds Paynetics has safeguarded to the customers. This means you would get most of your funds back, except for the costs deducted by the insolvency practitioner for returning the funds to the customers
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