Staff benefits

Particularly in small to medium sized businesses, staff are key to the success of the company.  An effective range of staff benefits such as group life insurance, group critical illness cover and group health insurance can help both the individual staff members as well as the business.

Another key benefit for staff is of course a company pension.  Group pensions are ideal for small to medium sized businesses.  The new NEST (National Employment Savings Trust) pension scheme is designed to help boost the level of pension contributions of lower and moderately paid workers.  By 2016 all employees will be automatically enrolled in the pension scheme, unless they decide to ‘opt out’.  At this date all employers will be obliged to automatically enrol staff into a pension scheme.  Get ahead of the game and put plans in place now.

Such benefits can help to persuade staff to join your company rather than another.  They can aid employee retention and increase staff motivation, morale and loyalty.  For the company, they can be used to reward staff efforts and things like health insurance can help to speed up recovery from illness and therefore cut time lost to absence.

Any further questions on staff benefits?

Please call us on 01582 839280 or Email us.