To reduce company expenses on recruitment, training and salaries and help to build long term staff loyalty, offering a comprehensive employee benefits package can be a more tax efficient way to attract the right type of staff to your organisation.
Whilst offering a competitive salary will always remain a key part of any recruitment package, other group schemes that are attractive to employees are:
• Group Income Protection
• Group Death in Service Benefits
• Group Critical Illness
• Group Private Medical Insurance
• Group Pension Plans
• Group Health Cash Plans
These schemes help build employee loyalty and productivity whilst minimising the loss of profits should an employee be unable to work following an operation, accident, sickness or disability.
Group schemes can be very competitive, especially for companies with a large number of employees. Also, as an employer, you should remember that group terms may have less onerous qualification processes than individual plans and you too can benefit from these plans.
At Willis Wealth Management we can help you to build and service an employee benefits package appropriate to the needs of your staff. We will also assist you in meeting all your legal obligations in respect of issues such as Stakeholder legislation.
Contact Colin Willis today to learn more or download our brochure below.
If you would like further information on Group Employee Schemes, please contact the Willis Wealth Management team on 028 9032 9042 or complete our quick enquiry form.