With 36% of employers finding retaining employees a challenge, and almost half expecting a talent shortage in the next 12 months, can you afford to miss out on that key person in your team?
Following the introduction of auto enrolment, this was many employer’s first step to embrace the value that employee benefits can bring to their organisation, including differentiating from competitors.
There are many forms of corporate protection planning that we can help your business set up, including:
Private Medical Insurance
Private medical insurance gives employees (and their families) the peace of mind that comes with knowing they can access high quality treatment when they need it, where they want it. It enables them to bypass potentially lengthy NHS waiting times and receive treatment quickly should they become ill.
Group Income Protection
Group income protection provides a replacement income if an employee is unable to work because of long-term illness or injury; it is designed to help employers manage long-term sickness and absence costs.
Group Life Cover
Group life cover pays out a lump sum death benefit to your employee’s family or next of kin should that individual die whilst employed by your organisation.
Group Critical Illness Cover
Group critical illness cover provides a tax-free lump sum directly to an employee should they suffer a critical illness.
By providing employee benefits to your workforce, it demonstrates a level of care for your employees, and their welfare. Many firms believe these schemes and policies are too costly for their business, but in our experience this is more perception than it is reality. Clients who were once sceptical, now see the value of employee benefits schemes following its implementation.
As employee benefits advisers we advise on which schemes are available, and those that best meet your objectives, working with you to implement the policy across your team. Unlike other advisers, our service doesn’t stop there – our Employee Benefits specialist Stacey Cole monitors your cover, and the price you pay, on an ongoing basis to make sure your policy remains both fit for purpose and competitively priced.