Elevate Your Employee Benefits
We understand that employee benefits play a crucial role in helping companies:
• Attract, retain, and motivate employees, and
• Align employees with the overall business strategy.
In the modern workplace, a well-structured benefits program is a key differentiator for any business. To remain effective and aligned with company’s broader goals, these benefits also need regular evaluation. A comprehensive review can not only ensure their continued relevance but also identify opportunities for cost savings and enhanced value.
Through our partnership with Pareto Financial Planning we can offer clients a complimentary Employee Benefits Health Check. This review can cover the following key areas:
Pensions
• Review the company Pension Scheme to identify if it is providing value for money and remains compliant.
• We highlight whether Annual Management Charges remain competitive against UK averages.
• Review whether the company is maximising company and employee savings from salary sacrifice.
• Review the providers default investment performance.
Group Risk
• Review the life insurance, long term income protection and critical illness policies to ensure they have been set up correctly, remain competitive and identify if savings can be achieved.
• We can provide benchmarking of benefits.
• We will highlight all the UK insurers value-added benefits and support with advertising and utilising them.
Healthcare
• Review Private Medical Insurance to ensure it remains competitively priced.
• Design strategies for employee communications for Employee Assistance Programs and Cash Plans to ensure value is recognised.
Get in touch to find out more.