#Japan #Tokyo #Employee Benefits #TwooCa #Kort Valuta

Flexible Welfare Scheme Design

Introduction

In today's rapidly changing corporate environment, challenges such as workforce shortages and rising costs push companies to enhance employee satisfaction and retention strategies. Recognition of improved engagement through welfare systems has led to increasing interest in what is referred to as the “third wage increase.” This innovative concept is receiving considerable attention as companies look to implement strategic measures through welfare programs.

Webinar Announcement

Kort Valuta, headquartered in Shibuya, Tokyo, is excited to announce an upcoming webinar targeted toward HR and management professionals. This online event will focus on designing welfare schemes utilizing points that can be exchanged for electronic money. This modern approach not only seeks to enhance employees’ perception of value in their daily work life but also connects to the idea of improving actual take-home pay—effectively guiding participants toward new methodologies in corporate welfare design.

Key Details of the Webinar

• - Title: From Meal Assistance to Flexible Scheme Design

Minimizing Employee Financial Stress Through Innovative Structures

• - Schedule: Every Wednesday from 12:10 PM to 12:50 PM JST
• - Format: Online
• - Cost: Free
• - Target Audience: Business owners, HR personnel, and welfare coordinators

Highlights of the Discussion

The session will encompass various pivotal elements:

• - Understanding the concept of the “third wage increase.”
• - Evolving welfare schemes leading to actual enhancement in take-home pay through electronic money exchangeable point systems.
• - Promoting the utilization of welfare systems within organizations.
• - Visualizing use cases aimed at improving workforce retention and employee satisfaction.
• - Exploring flexible welfare design beyond meal assistance.

Background

As costs rise and employee engagement becomes imperative, companies are increasingly emphasizing the importance of robust welfare systems. The “third wage increase” stands out as a novel approach, focusing on how welfare upgrades create value for employees and enhance their workplace experience. Kort Valuta aims to empower organizations with new applications using TwooCa, which features electronic money-exchangeable points, assisting employees in realizing their actual take-home enhancements and promoting satisfaction and retention.

TwooCa Overview

TwooCa, developed by Kort Valuta, includes a suite of services where the primary offering is an app that combines the functionalities of employee identification and membership cards with payment capabilities. This prepaid card system is accessible to all employees, promoting a cashless transaction environment that can include expense reimbursements and money transfers between employees.

TwooCa is based on the belief that nurturing employees leads to higher organizational value. Our philosophy takes inspiration from the adage, “Acts of kindness return to benefit the organization and society,” which we embody through innovative technology.

TwooCa Features

• - Touch payment compatible with international brand cards.
• - Daily activities evaluation-based point allocation for employees.
• - Payment features for in-house meals and snacks, contributing to meal assistance programs.
• - Exclusive closed markets for employees where only members of TwooCa-enabled organizations can access.
• - Employee identification and membership cards equipped with IC chips.
• - Internal money transfer and donation options.
• - Timekeeping management.
• - Continuous feedback systems and surveys to gather and assess employee insights.
• - An information board for seamless communication within the organization.
• - Voice-assisted mental health check services.
• - A gratitude messaging system among employees, fostering a positive work culture.

Looking Forward

Kort Valuta is committed to creating an environment where employees can easily perceive value in their daily routines through electronic money initiatives. Coupled with promoting the “third wage increase,” we are dedicated to introducing flexible welfare structures that serve as new options for both businesses and their workforce, ensuring sustainable future growth and employee contentment within diverse work settings.


Company Overview: Kort Valuta

• - Location: 3-11-2, Shibuya, Shibuya-ku, Tokyo, 4F Shibuya Pine Building
• - CEO: Hideki Shibata
• - Business Scope: Issuance, planning, management, and operation of various cards; development and sales of smart rings.