
Early 2020’s: I just want it now, and easy, and effortless, and I shouldn’t have to ask..ARGHHH!
My private car meets me downstairs 2 minutes after I order it, order pizza en route that arrives at home the same time I do, and throw in a milk and bread request to that same pizza delivery. All this, while booking a family flight to the Gold Coast, soundtracked to my personalised Spotify playlist. The ease? Unparalleled. The expectations? Sky-high.
How to meet sky-high expectations
In an era where every service is practically on-demand, super funds have the golden opportunity to engage members right where they are. It’s not just about ’embedded’ experiences — it’s about weaving into the tapestry of daily life, offering solutions even before they’re sought.
For insights into how super funds can engage members in their daily routines, read our blog here.
Something as basic as updating your address should be a breeze. Imagine this: you update your address with your employer in a few taps on an app, and before your screen dims, you get a pop up “want to let your bank, insurer and super fund know?”
Ray Jaramis discusses how to streamline this process in our blog about the easier way to update superannuation details.
As pizza delivery evolves into a multi-tasking marvel, isn’t it time super funds delivered a slice of that convenience, too? Welcome to a world where members aren’t just engaged; they’re embedded in the experience. And this is just the start.
Embedded Super
Embedded super – a subset of embedded finance – holds the key to remarkable untapped potential.
It revolves around engaging members, on their terms, on platforms they are already using, in a way they understand. Or put simply, contextual engagement elevates superannuation from a background product to a prominent aspect of members’ lives.
For a deeper dive into this concept, download our Embedded Super Whitepaper.
About Employment Hero
Employment Hero manages the employment of more than 1 million employees, roughly 15% of Australia’s private sector workforce and is forecast to continue growing exponentially.
Our mission is to make employment easier and more valuable, for everyone.
Employment Hero offers a suite of digital super services to help employees engage with and manage their super selection, all while making employment simpler and more automated for small-medium business owners.
Read more in our wrap-up of the 10th Australian Fintech Summit the key takeaways which highlighted the latest trends in superannuation.
If you’d like to learn more about Employment Hero embedded super, reach out to Ray and the partnerships team at embeddedsuper@employmenthero.com.
Alternately, you can learn more about embedded super here or download our whitepaper.
The information provided on this page has been prepared by Employment Hero Pty Ltd (ABN 11 160 047 709) and its related bodies corporate (Employment Hero). The content provided on this page is only general information about Employment Hero’s products and services, and is provided in good faith without taking into account your personal circumstances, financial situation or needs. Before acting on any information, you should consider whether it is appropriate for you and Employment Hero recommends that you seek independent financial, legal and taxation advice. Certain information given is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. Employment Hero does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising either directly or indirectly as a result of reliance on, use of, or inability to use any information provided on this page.