Having an effective benefits and remuneration strategy that is clearly communicated and appreciated by your employees can really help you to retain and recruit high calibre employees.
Your St. James's Place Partner will take the time to fully understand your business and how a cost effective strategy will dovetail with your business plans before making a recommendation. They will provide you with advice from a range of product providers carefully selected and monitored by St. James's Place.
This advice can focus on any of the following topics:
Online total reward statements – helping your employees to understand and appreciate the cost of the benefits you provide
Flexible benefits – allowing employees to create a benefits package that meets their own individual needs enabling you to respond flexibly to the varying benefits requirements of potential recruits
Salary sacrifice arrangements – facilitating employee access to tax efficient benefits whilst at the same time reducing employers' National Insurance costs
Private medical insurance – ensuring your employees' health and wellbeing and reducing their absence from work waiting for medical treatment
Group Life, Income Protection and Critical Illness – these are important benefits that not only form a key part of a comprehensive employee benefits package but also enable you to manage your business more effectively
Request contact from a St. James's Place Partner to find out more.