Employee Benefits
An effective benefits and remuneration strategy can help retain and recruit high-calibre staff. We can provide business owners with advice and products from a range of providers on any of the following topics:
- Salary sacrifice arrangements
These provide employees with access to tax efficient benefits. They also reduce employers’ National Insurance contribution costs.
- Pensions – group pensions & auto enrollment
A fundamental element of an employee benefit package, pensions are an attractive recruitment and staff retention tool.
- Income protection, critical illness & group life
These products are often included by employers as part of a comprehensive employee benefits package enabling them to manage their businesses more effectively.
- Private medical insurance (PMI)
This is often a core component of an effective benefits package. PMI helps ensure employees’ health and wellbeing but can also help to reduce work absence because of NHS waiting lists.
- Flexible benefit arrangements
These can help an employer provide a suite of benefits and allow employees to create a benefits package that meets their own specific needs. In a competitive market for an employer this can be an effective tool in recruitment.
- Online total reward statements
These can help your employees better understand and appreciate the cost of the benefits you provide.