Bayzat, an all-in-one HR and employee benefits platform in the region, focuses on enhancing employees’ work-life experience, improving their performance as well as their well-being in the workplace.
Talal Bayaa, CEO and co-founder of Bayzat, said: “Bayzat pays special attention to the health and overall well-being of employees to enhance their performance and increase their efficiency, driving a world-class employee experience that is accessible to companies of all sizes.”
He added: “Bayzat was built for the people, by the people. Our platform gives employees unprecedented access to work, finance and medical benefits designed to boost their well-being, productivity and loyalty.”
Bayzat offers transformative, localized benefits for employees working in Saudi companies and one of them is the Wellness Hub.
“Bayzat’s Wellness Hub encourages employees to exercise and maintain their health and physical fitness through its various activities, in line with the Quality of Life Program under Vision 2030, which aims to increase the percentage of individuals who practice sports and physical activities on a weekly basis, to 40 percent by 2030,” Bayaa said.
A recent survey has confirmed the importance of enhancing employee health and well-being, especially in light of the increasing competition in the labor market. Workplace health initiatives can help employees achieve a balance between their personal and professional lives, helping companies retain employees and position themselves as employers of choice, which is crucial considering the high cost of employee replacement.
The report revealed that 81 percent of employee interest revolves around family health, followed by their mental and psychological health (78 percent) and physical health (77 percent).
Moreover, a WHO research revealed that workplace health initiatives can reduce sick leave absenteeism by 27 percent and healthcare costs for companies by 26 percent.
Bayzat’s Wellness Hub, accessible through the Bayzat app, encourages employees in Saudi companies to maintain their health by offering daily advice on general health aspects such as healthy nutrition, physical fitness and mental health. It follows up on their personal progress through several daily activities and tasks. Employees can also earn points for the activities they perform per day and redeem them into rewards. They can participate in periodic competitions as well as discover the latest offers and special discounts on various brands designed specifically for the company’s employees.
Apart from the Wellness Hub, Bayzat, which serves more than 127,000 employees in about 1,500 companies in the GCC, offers an integrated platform for managing human resources, payroll and employee benefits, and automates repetitive and time-consuming tasks electronically, including salaries, insurance and more.
