As an employer, it’s likely you want to offer a competitive and engaging benefits package, but what does that mean for your organisation? Naturally, you’ll want to support the key needs of your people - as far as your budget allows, and select the most suitable plans at the keenest pricing, but are there other points to consider?
How will you ensure compliance with relevant legislation, understand how you compare with peers, keep up to date with market developments and changes in tax and regulation? How will you manage your new hire onboarding, renewals and ongoing requirements? Do you want to refresh your employee communications to help boost understanding and appreciation?
We advise on all these areas and can provide you with the support you need.
Your package will involve a pension plan, as that’s a legal requirement, and it may also include comprehensive health and wellbeing support. Some of the mainstream employee benefits are shown below. This list is by no means exhaustive and the range is constantly developing.
Our experts provide employee benefits advice and administrative support to a wide variety of companies, from new start-ups to large established businesses, across a wide range of sectors. These include; private equity, asset management, insurance, real estate, charity. not-for-profit, technology, media and professional services.
We advise on the selection, implementation and management of workplace pension plans and employee benefits. Our advice is based on a thorough understanding of your objectives and budget, and as an FCA regulated employee benefits consultancy, we help with all aspects from the design, planning, and regulatory compliance, through to the set-up, employee communications and ongoing management.
In addition, we offer a full employee benefits administration support service. Our internal systems can receive payroll feeds or external files, allowing us to provide you with as much or as little administrative support as you require. For pension plans, this can include managing auto-enrolment compliance, issuing statutory communications and submitting the contribution schedules. For employee benefits plans we can apply joiners, changes and leavers, deduct dependants and voluntary premiums from pay, manage renewals, supply P11D information, provide claims support, and issue underwriting notices and employee guides.
Every organisation is different and we know one size doesn’t fit all. We 'll provide the level of support you need. Whether it’s advice on one particular issue, or the full implementation and management of your employee benefits package, we can help. Our bespoke approach allows us to support you as your organisation grows and the requirements change over time.
To understand more about how we can help you, please fill out the form below and one of our experts will be in touch to discuss your requirements.