Employee Benefits

Employee benefits include various types of non-salary benefits in addition to the employee’s normal salary. 

Popular insurance-based benefits include Private Medical Insurance, Group Life (Death in Service), Group Income Protection and Health Cash Plans along with many types of covers offering wellbeing support, savings and discounts and general peace of mind for your employees. If you are looking to implement these covers as a flexible benefits scheme, then we can also support you through this whole process.

One of the main reasons a business would implement employee benefits is to support both recruitment and retention of staff by rewarding them in different ways. 

When an employee is looking for the right business to work for, often they are looking for much more than just a salary these days, they want a rounded package that will offer security, peace of mind and the knowledge they are working for a business that truly cares about them.

Additionally, from the business’s perspective, this can also help to reduce sickness absence or provide support in offering a sickness absence solution for the business.

When it comes to Employee Benefits, one size does not fit all. So, whether you’re a young start-up employing just a handful of staff or a
medium-sized business that’s continuing to expand, we can help you choose the best option to suit your budget and your workforce.

Income protection insurance, for example, can be too expensive for employees to afford by themselves. So, by offering this protection as part
of an Employee Benefits package, you not only enable them to enjoy a level of financial security that they’d likely struggle to pay for on their own, you also show them how much they’re valued by your company. 

Healthier employees mean fewer sick days and better attendance at work. Tackling the causes of absenteeism (and presenteeism, which can affect morale) can create significant cost savings and show a long-term return on investment in employee healthcare, making this a win-win for you and your staff.

Employee Benefits have become increasingly important in recruiting and retaining employees. Offering an appealing benefits plan could help
you attract those skilled and sought-after candidates you need for your business, while boosting your current employees wellbeing, morale and productivity.

Offering your employees a competitive benefits package can have a significant positive effect on engagement, productivity and wellbeing. In fact, research suggests that improved workforce morale correlates with increased and sustained productivity, reduced employee turnover rates, improved job satisfaction, engagement and staff loyalty.