The majority of employers now understand and realise the need to support their employees, and employee benefits play a key part in staff retention and productivity. Providing your employees with benefits they value could help assist with recruiting skilled and experienced staff who are highly sought after.
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.
I can without any hesitation say we have only ever been listened to carefully, our needs assessed, been given advice and then appropriate action taken. We…
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Full of praise for the service received. I have been advised for many years by Spencer, his advice in helping me achieve my goals has been…
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I can highly recommend Spencer and Jacobs Financial Limited. Spencer tided up my financial affairs and also gave good advice on my pension, making things more…
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From the outset Spencer put in the time and effort to get to know me as a unique human being and has always tailored his advice…
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The advice and service given to me by Jacobs Financial Limited has always been professional and tailored to meet my specific personal financial requirements. It has…
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The ongoing support and guidance provided by Shaun means I have a well structured, focused financial plan tailored to my personal requirements and life goals. I…
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