Staff or Employee Benefits are seen as a reflection of how much you, as an employer, care. A compelling package helps to recruit new staff and retain the existing team.
As your advisor, our role is to tailor the best and most appropriate benefits package for your business. In return you’ll feel confident that what you offer is competitive, cost effective and tax-efficient.
To answer any financial questions your staff have, whether they are to do with pensions, mortgages or managing the cost of living, we run financial surgeries.Learn more
Typically, a business benefits package will consist of:
Extracting business profits are one of the most tax-efficient ways for business owners and company directors to save for retirement. They include Self-Invested Personal Pensions (SIPPs), Small Self-Administered Schemes (SSASs) and Personal Pensions.
An auto-enrolment qualifying pension that is appropriate for your staff. As an employer you have a legal obligation to provide this.
The provision of a lump sum to your employee’s families in the event of their death.
Private medical treatment for your employees if they fall ill. Help for them to recover and return to work without having to wait for treatment on the NHS.
The provision of a replacement income if an employee is unable to work due to long-term illness or injury.
Depending on the needs of your business, there are other products you may wish to consider.
To protect your business against the financial impact of the death or critical illness of a key employee.
To provide business protection in the event of the death of a shareholder who has left their shares to family members.
To provide a lump sum to help pay off any outstanding loans your business has.
The payment of a tax-free lump sum on the death of an employee or the diagnosis of a terminal illness.
At some stage all employees have questions about money or finance. The difficulty is that they don’t always know who to ask.
Our financial surgeries offer them an independent listening ear. They are a confidential meeting where colleagues can discuss whatever they like – pensions, mortgages or investments, how to save for the future, or how to manage a financial concern.
For younger staff this is an invaluable first-step in helping them to become financially literate. For others it points them in the right direction for saving for the future or finding a mortgage. As an employer, it demonstrates your commitment to the financial wellbeing of your staff.
As with all our services, we can only advise you once we have met personally. To recommend the most appropriate provider, insurer or policy we need to get to know you as a director of the business and to understand your business aims and priorities.
Once we’ve gathered the necessary facts our recommendation will take into account:
If you ever need to claim on a policy we’re here to help you manage the claims process and provide support.
To learn more about our approach towards Business Advice, complete the form and an advisor will call you.
“In two simple steps Julian understood, explained, explained again and gave me the direction and actions I had been putting off for a long time. He clearly has a wealth of knowledge and experience to be able to recommend and guide you so easily. He is calming and reassuring and generally lovely all round.”