TicketsatWork is not free for employers. There are costs associated with using the TicketsatWork corporate employee discount program. However, the costs are relatively low compared to the benefits employers receive. The TicketsatWork program provides employees with exclusive access to discounts, special offers, and perks on theme parks, hotels, attractions, shows, movies, Broadway tickets, sports events and more. This valuable employee benefit helps boost morale, increase retention, and attract top talent.
TicketsatWork Pricing for Employers
There are two main costs for employers to offer TicketsatWork to employees:
1. Annual Fee
TicketsatWork charges an annual fee based on the number of employees at the company. The fee ranges from $150 for under 100 employees up to $1,500 for over 5,000 employees. The annual fee provides access to the entire TicketsatWork platform for all employees. It covers discounts on 4,000+ leading travel and entertainment providers across the country.
2. Fulfillment Fees
There are small fulfillment fees when employees make purchases through TicketsatWork. The fees depend on the type of purchase:
Purchase Type | Fulfillment Fee |
---|---|
Theme park tickets | $5 per order |
Show & tour tickets | $5 per ticket |
Gift cards | $2 per card |
Hotels | $10 per booking |
Car rentals | $5 per rental |
The fulfillment fees cover the costs of processing, handling, and shipping employee purchases. The fees are paid by the employer.
Advantages for Employers
While TicketsatWork is not free, the costs are relatively low for employers considering the benefits of the program. Here are some of the main advantages:
1. Improves Employee Retention
Access to exclusive discounts is an attractive perk that boosts employee satisfaction. Companies report that offering TicketsatWork helps retain top talent. Employees are less likely to leave a job when they can take advantage of deals on travel, entertainment, and other experiences.
2. Boosts Recruitment Efforts
The TicketsatWork program helps companies stand out during the hiring process. In a competitive job market, a robust benefits package makes recruiting easier. Candidates are drawn to perks like discounts on theme parks, hotels, shows and more through TicketsatWork.
3. Increases Employee Morale & Engagement
Discounts on fun leisure activities improve employee morale. Workers feel valued and appreciated when their company invests in their happiness. TicketsatWork also provides opportunities for team building activities and company outings.
4. Easy Administration
TicketsatWork handles all the back-end work so the program is turnkey for employers. There is minimal effort required by the company. TicketsatWork provides unlimited customer support and account management.
5. Customized Platform
Companies can customize their TicketsatWork site with their logo, color scheme, messaging and more. This branded site makes it easy to communicate the program to employees. TicketsatWork also provides marketing materials and digital assets for promotion.
Potential Drawbacks for Employers
While the benefits clearly outweigh the costs, there are a few potential drawbacks of TicketsatWork for employers:
1. Additional HR Administration
HR teams will need to administer and manage the TicketsatWork program internally. This includes activities like promoting the program, fielding employee questions, tracking usage, and more. The time commitment is generally minimal.
2. Low Usage by Employees
If employees are not aware of TicketsatWork or don’t use it, the value is diminished. Employers have to proactively market the program internally to drive adoption. The TicketsatWork platform provides tools to track usage and target underutilized groups.
3. Budget Approval Process
There may be an approval process to get TicketsatWork budgeted, depending on the company. Presenting a business case highlighting the benefits and ROI can help get buy-in from key decision makers.
Is TicketsatWork Worth the Cost for Employers?
Considering the low annual fee and per-transaction costs, TicketsatWork is absolutely worth the investment for most employers. The benefits of higher retention, easier recruiting, and improved morale outweigh the minor costs. Based on reported data, companies see significant ROI from TicketsatWork.
According to TicketsatWork, the program delivers an average return on investment of $7 for every $1 spent. The savings come from increased retention. Replacing employees is expensive – losing an employee can cost 1.5-2x their annual salary. TicketsatWork’s discounts and perks keep employees happy and engaged in their jobs.
For example, Company XYZ has 1,000 employees and spends $1,000 per year on TicketsatWork fees. If the program helps retain just 2 employees earning $50,000 each, Company XYZ saves $100,000. That is a 100x return on their investment in TicketsatWork.
Conclusion
TicketsatWork provides outstanding value to employers looking to enhance their benefits package. The costs are minimal compared to the boost in recruitment, retention and morale. While not free, the program pays for itself many times over by reducing employee turnover. The discounts on travel, entertainment and experiences are attractive perks that make employees proud of their company. TicketsatWork is a smart investment that delivers significant ROI for organizations of all sizes.