How To Offer the Benefits All Employees Will Value
With today’s multi-generational workforces it can be a challenge to find benefits appealing to everyone, who may be at different stages of their lives and who want different things.
Offering a Flexible Benefits platform with a wide range of options is a great way to engage your employees. They can choose the benefits that mean the most to them and fit in with their own lives. An employer typically gives each employee a benefits “spend pot” from which they make their annual choices. The range of benefits available can be traditional protection and health benefits like Critical Illness cover and Private Medical Insurance, or can be holiday buy and sell, increased pension contributions, or even making a Will.
Flexible Benefits are most suitable for a business with 50 or more employees and who already have some benefits in place. With the valuable addition of Total Reward Statements demonstrating to employees the true value of their total package, it’s a great solution to aid attraction and retention.
FLEXIBLE BENEFITS
AS WHOLE OF MARKET BROKERS, WE WORK WITH ALL THE LEADING PROVIDERS INCLUDING:
For more information about Flexible Benefits or for a no-obligation conversation about the range of employee benefits available for your business please contact us using the enquiry form here
“I recently used Excellect to arrange Private Medical Insurance and Health Cash Plans. I was really impressed, with the service. Not just in sourcing great value plans for our needs, but also with the time taken by Simon to provide guidance on how it all worked and his efficiency in setting up the policies. I would heartily recommend Excellect to any businesses looking to start or renew an employee benefits package.”