Creating greater choice and flexibility for staff
The employment market can be extremely competitive and it is important for employers to offer something with a little more edge.
Many employers have a diverse range of employees and a flexible benefits package can help create something that provides appropriate choice to a wide audiance. This is achieved by building a scheme with a comprehensive range of options, allowing members to build a package that suits them individually.
Design is essential when promoting the benefits offered, with accessibility being the most important aspect. The success of a scheme is enhanced when employees are given access to a simple online platform to view and manage their benefits package at any given time.
We know that a greater level of interaction leads to the increased success of employee benefits packages. Ernest Grant help 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 and improved motivation and loyalty.
From the broad range of benefits available we’ll help you select those most appropriate for your organisation. This will include consultation on how best to implement them and, where required, assistance sourcing providers.
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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.
Often referred to as ‘core’ benefits, if you the employer pay for it then it’s our aim to ensure you get a return on your investment through increased staff awareness and appreciation.
Looking after your employee’s health and wellbeing enables employers to reward and motivate their staff, and can also help an employer to meet their duty of care.