Fringe Report 2024: 3 trends shaping HR and People Teams in 2024

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Optimize Your EE's WELLBEING

Maximize ROI and enhance employee wellbeing with our all-in-one marketplace.

Fringe for

Increased Employee Satisfaction

With 130+ services on the marketplace, Fringe allows employees to tailor their wellbeing and lifestyle benefits package to their preferences.

Fringe for

Efficient Benefit Management

Simplify your benefits administration, manage your employee perks, and cut your employee experience budget by 80% with a single platform.

Fringe for

Attracting and Retaining Top Talent

Employee turnover doesn’t have to be a new normal. Companies who select Fringe for their employees' wellbeing and lifestyle benefits see 84% higher employee loyalty.

Why Companies Choose Fringe

96.4%

Employee Utilization of perks

2 Week

Implementation timeline

84.1%

Higher Employee Loyalty

#1

EMployee Benefit Marketplace

80%

savings on employee experience budget

130+

marketplace benefits

Explore the Marketplace

Just a sample of some top brands employees can redeem on the Fringe Marketplace.

Optimize Your Workplace

Fringe FAQ's

What is Fringe?

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Fringe is a first-of-its-kind fringe ben­e­fits mar­ket­place that gives you an easy way to offer employ­ees their choice of 100+ lifestyle ben­e­fits that they’ll LOVE! Ben­e­fits cen­ter around ser­vices that will give employ­ees time back, reduce stress, impact the fam­i­ly, and spark joy!

How is Fringe different from a traditional Lifestyle Spending Account (LSA)?

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Tra­di­tion­al LSAs are dif­fi­cult to set up and have com­plex uti­liza­tion rules. They also require ongo­ing man­age­ment to review and approve employ­ee expens­es and are cum­ber­some to access their benefits eas­i­ly.

With 80% faster set­up than oth­er LSA pro­grams, Fringe can con­sol­i­date your oth­er pro­grams, like rewards and recog­ni­tion, stu­dent loan repay­ment, and char­i­ta­ble giv­ing, all in one plat­form. Our team also takes care of employ­ee com­mu­ni­ca­tions, sav­ing your team hours every week.

Choice over­load increas­es stress and the open-end­ed nature of tra­di­tion­al LSAs come up short in help­ing guide employ­ees to the ben­e­fits that will be most mean­ing­ful. Fringe’s curat­ed mar­ket­place reduces stress by pro­vid­ing a set of flex­i­ble options that dri­ve a more sat­is­fy­ing experience.

How does Fringe’s pricing structure work?

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The plat­form fee for using Fringe is $5 per employ­ee per month (min. plat­form fee is $200/​mo) plus what­ev­er you choose to pro­vide to employ­ees as a ben­e­fit allo­ca­tion (min. $300 per employ­ee annu­al­ly). There are no additional admin fees. Inter­est­ed in a dis­count? Talk to our team.

Exam­ple A: 100 employ­ees with $25/​mo funding

  • Plat­form fee = $5 x 100 employ­ees = $500/​mo

  • Ben­e­fit allo­ca­tion = $25 x 100 employ­ees = $2,500/mo

  • Total invest­ment = $3,000/mo

Exam­ple B: 1000 employ­ees with $75/​mo funding

  • Plat­form fee = $5 x 1000 employ­ees = $5,000/mo

  • Ben­e­fit allo­ca­tion = $75 x 1000 employ­ees = $75,000/mo

  • Total invest­ment = $80,000/mo

Do I need a minimum number of employees to get started?

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There is no min­i­mum num­ber of employ­ees to use Fringe. How­ev­er, there is a min­i­mum plat­form fee of $200/​mo, no mat­ter how many employ­ees you have. For group sizes of less than 100 employ­ees, please request a pro­pos­al here.

How much should I be spending on fringe benefits per employee each month?

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Each company has flexibility with its programs and the funding amounts within those programs. Most orga­ni­za­tions offer employ­ees $50 — $75 in ben­e­fit fund­ing per month.

What can I expect after partnering with Fringe?

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Average engagement with our platform exceeds 85% and far outperforms antiquated point solution performance. In clients with funding over $100/mo, utilization is also more than 85%.

Can I give Fringe to my international employees?

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Fringe offers a curat­ed mar­ket­place of 300 glob­al offer­ings to employ­ees in over 60 coun­tries, and we support international currencies in each of those geographies. Many of the ser­vice offer­ings on Fringe are spe­cif­ic to the coun­try in which they’re being accessed.

TESTIMONIAL
the easiest implementation of any vendor.
TESTIMONIAL
meets the needs of different generations of employees.
TESTIMONIAL
a dream come true.
TESTIMONIAL
used by every single employee.
TESTIMONIAL
everyone is obsessed with this perk.

Discover the Fringe Marketplace today!

To get started, simply introduce your team. Then, our on-demand demo will give you an easy walk-through of the platform. You can also schedule a call with our expert team at any time.

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