SERVICES FOR BUSINESSES : Employee Benefits

As every successful business knows, a respected and well looked-after employee is likely to be more motivated and loyal, and therefore a more valuable member of the team.

However, as there are so many employee benefit packages on the market, how do you know which one is best suited to your Company’s needs? Our team at Perredon are here to provide objective and expert advice on employee benefits in this increasingly complex domain. It is essential to ensure that the scheme is targeted correctly and therefore successful in helping to recruit and retain quality people.

There is absolutely no point in spending money if the benefit package is not appreciated.

We understand that many companies have constantly changing and/or limited budgets and therefore feel it is imperative to deliver cost-effective solutions. Benefits should be regularly reviewed to take advantage of new developments and improved terms offered by providers who are keen to compete for business.

So, whether you are looking to implement a completely new range of employee benefits, or simply review your existing arrangements, we can help at every stage, from researching the best products on the market, to successfully implementing them within your establishment.

So what employee benefits are on offer?

Stakeholder pension legislation means that businesses with five or more employees must, by law, provide their employees access to a pension plan that falls within the regulations.

However, stakeholder pension schemes are not the only option available to businesses. Instead, a more sophisticated benefits package can be tailored specifically for your business incorporating some of the following:

  • Group life assurance
  • Group critical illness insurance
  • Income protection
  • Private medical insurance
  • Employee loan schemes

Communication with employees on a regular basis is crucial to the successful implementation and the running of a benefit scheme. At Perredon, we have considerable expertise and experience at your disposal to avoid the pitfalls.

For more information, please do not hesitate to contact us.

 

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Perredon Financial Solutions Ltd | 3-4 Bedford Square, Loughborough, Leicestershire, LE11 2TP | Tel 01509 215095 | Fax 01509 262616
Registered in England No. 3334695 | Registered office address as above
Perredon Financial Solutions Ltd is authorised and regulated by the Financial Services Authority

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