Providing employee benefits that your team value can help your business to attract and retain high quality employees – but how do you decide which benefits to offer?
A professional employee benefits consultant can help you create an employee benefits package that is within your budget and reflects your company’s values.
How we can help you
Ultimately, your business is wasting money if your employees do not engage with the benefits you offer.
We will take the time to fully understand your business and employees, before working with you to provide cost-effective solutions. We specialise in providing a range of employee benefits.
- Auto-enrolment and workplace pensions – this is a legal requirement and we can guide you through the process and any subsequent legislative changes.
- Employee financial education – group presentations or 1-to-1 sessions to provide financial information and guidance to members of your team.
- Insured benefits – a range of insurance protection policies to safeguard your business and the financial security of your employees.
- Other benefits – designed around the profile and needs of your staff, your organisation and your budget to motivate your employees and improve staff retention.
- Financial planning – direct engagement with one of our expert financial planners.
Our process
Our expert team will work with you to create and implement a bespoke employee benefits package that meets the needs of your business and its employees.
Your consultant will continue to review your position throughout your ongoing relationship with us, ensuring that your arrangements are fit for purpose. If you have any queries about your arrangements, your support team will be able to help you.
You will be provided with a full breakdown of charges to agree prior to the commencement of any work.
1. Identify
Your consultant will work with you to identify benefits that meet the needs of your business and employees.
2. Implement
Your support team will carry out thorough research to find the best rates for you.
3. Review
You will meet with your consultant periodically to discuss your company’s circumstances and any subsequent changes to your benefits package.
FAQs
Take a look at the frequently asked questions below to find out more.
Employee benefits are rewards and incentives offered to your employees. They are an effective way to motivate your employees and improve staff retention.
This depends on your business’s budget and aims so you can provide any benefits you choose. However, it is important to put in place those that are valued by your employees.
Communication is key to ensuring that each employee understands their benefits and how to access them.
Make sure the employee benefits you offer are valued by asking for employee feedback and making adjustments where necessary.
The cost to your business will depend entirely on the type of benefits you may choose to offer. However, by introducing employee benefits, you may reduce costs in other areas in relation to missed work and reduced productivity.
An employee benefits consultant can help you decide which benefits will be the most cost-effective for your business and its objectives.
Useful resources
Take a look at our useful resources below to find out more. Additional content is available via our resource centre.
Save money with salary exchange
Salary exchange could be a viable way to save on National Insurance Contributions. Read our article for more information.
Group income protection (GIP)
Group Income Protection policies can support your organisation and employees. Read our article for more information.
Need to review your group life arrangements?
Could group life insurance may be the right option for your business? Read our article for more information.
