Creating greater choice and flexibility for staff
The employment market is extremely competitive so it’s vital for employers to stand out.
Most workplaces have a diverse mix of employees, so it’s important to have a flexible benefits package that provides appropriate choices to a wide audience. This is achieved by building a scheme with a comprehensive range of options, allowing employees to build up a package that suits their individual needs.
Design is essential when promoting your benefits, with accessibility being the most important aspect. The success of a scheme is vastly enhanced when employees have access to a simple, online platform, to view and manage their benefits at any time.
At Ernest Grant, we know that interaction is key to the success of employee benefits packages. We build bespoke solutions that offer maximum flexibility and choice, combined with an expert advice process. We’ll advise you on the most efficient methods to communicate benefits with employees, leading to increased engagement, motivation and loyalty.
From the broad range of benefits available, we’ll help you select those most appropriate for your organisation. This includes consultation on how best to implement them and, where required, assistance sourcing providers.
‘The Financial Conduct Authority does not regulate Employee Benefit Services.’
Talk to us about how we can help you, speak with or meet an adviser. Get in touch.
Salary Sacrifice/Exchange works by exchanging part of an employee’s remuneration from cash; on which PAYE tax and NICs are due, to non-cash benefits that are wholly or partially exempt from tax and NICs.
Employers have a duty of care to look after their employees' health and wellbeing. This can be enhanced with staff rewards and benefits.
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