Thrive Wellbeing 2024 Wrap Up
As we wrap up the year with Humanforce Thrive, we want to take a moment to reflect on the strides we’ve made in enhancing financial wellbeing and simplifying the employee experience. From new features to expanded benefits, here’s a look back at the key releases and updates we introduced this year, all designed to help employees and employers thrive.
🚀 Perks First Activation
Taking on valuable feedback from our customers, we introduced the ‘Perks first’ activation, giving employees immediate access to Thrive Perks without needing to wait for Thrive Pay implementation. This allows employees to start enjoying cashback, exclusive discounts, and financial learning resources immediately.
💰 Exclusive discounts with key brands
First to land in the Thrive app within our Perks offering was Discounts, boasting savings from huge retailers and brands to give employees further cost savings. Some highlights include:
- 🎧 JB Hi-Fi
Our immediate discount partner was JB Hi-Fi, Australia’s largest home and entertainment retailer. Since launching in Thrive, JB Hi-Fi has been providing employees with up to 15% off on various electronics, home appliances, and personal items, enabling them to stay current with the latest technology and home appliances while helping them to make their pay go further.
- 🏋️♀️ Health club discount
Soon after came our partnership with Fitness First and Goodlife Health Club, allowing us to offer an exclusive 15% off on 12- and 18-month memberships at both fitness centres nationwide. As a result, employees can now access more affordable fitness options and foster a healthier lifestyle.
🛒 Digital Gift Cards
Next, we introduced Gift Cards to the Thrive Perks offering, enabling employees to save instantly on digital gift card purchases from over 100 popular retailers. Employees can purchase gift cards for their own savings benefit or gift to others, all while automatically receiving cashback on their purchase.
🏘️ Switch & Save on essential services
An incredibly valuable offering to drop this year was our Switch & Save feature, enabling your employees to compare and switch electricity, gas, mobile and/or internet plans, and save on solar installation. .On top of potential savings and better deals when switching plans, employees also receive a cashback reward (amount indicated within the app) for every successful switch*.
📲 Integration between intelliHR and Thrive
A huge stride forward this year was introducing Thrive Perks to iHR customers through a new integration between Thrive and iHR. Initially available only to Humanforce Cloud customers, we extended the capability to iHR customers, eliminating manual setup, ensuring employees can access Perks instantly, further simplifying your HR processes, and delivering immediate value to employees.
📈 Continued returns with Grow
We continued to see a strong uptake in the Thrive Grow feature, which gives access to the Blossom Fund, a portfolio of fixed-income investments helping employees reach their savings goals. With Grow, employees can save directly from their pay and have instant access to their money without any fees. With Blossom Fund’s targeted return rate of 5.95%, Grow helps your employees work towards their future money goals.**
💵 Tracking $100 million in payroll
With a growing number of organisations seeing the value that Thrive is driving for their business, we’re thrilled to share that Thrive now tracks $100 million in payroll every month. That’s $100 million worth of financial moments that employees care deeply about, giving them real-time insights into their earnings. Thrive Track provides employees full transparency and predictability over their pay, enabling them to plan their budgets and make educated financial decisions.
📧 Monthly updates for employers and employees
To keep you and your employees informed, we began sending monthly updates to employers and employees about the latest features, offers, and perks. These updates aim to keep you up to date on the expansion of the Thrive product and the value it brings to your employees, as well as to ensure that your teams are well-informed to maximise the benefits of Thrive.
Looking ahead
2024 has been a year of transformation for Humanforce Thrive, and we’re proud of the impact that new and existing features are making to support you and your employees. Looking ahead to 2025, we’re excited to bring even more innovative features, partnerships, and enhancements to elevate the Thrive experience further.
As a teaser of what’s to come in the New Year, your employees can now take advantage of our newest Discount partners - HelloFresh, EveryPlate, and Youfoodz! This offer will provide your employees with convenient, healthy meal options delivered straight to their door, helping save time and money while promoting better nutrition and work-life balance after the Festive Season.
We want to thank you for being part of the Thrive journey. Together, we’re building a brighter financial future for employees across Australia.
Here’s to a thriving 2025! 🎉
*Switch & Save is subject to Terms and Conditions. Please check the details before switching to ensure eligibility.
** Grow is a product of Earnd Pty Ltd ABN 46 625 490 968 Corporate authorised Representative No. 001296715 Gleneagle Securities (Aust) Pty Ltd. Gleneagle Asset Management Limited ABN 29 103 162 278 AFSL 226199 is the Responsible Entity of the Blossom Fund ARSN 645 889 998 (Fund). You should consider the relevant Product Disclosure Statement, along with the Target Market Determination, available on (Blossom app - where your savings go to grow ). Your savings are not deposits held in a bank account and are subject to investment risk.