Corporate Services
Are The Auto-enrolment Minimum Contributions Too Low?
The introduction of statutory workplace pensions has had a significant impact on pension savings across the UK. In 2022, it was reported that 88% of employees were eligible for membership of their employer’s workplace pension scheme, equating to 20.4 million people. While this figure is complemented somewhat by the high take-up in the public sector, […]
Posted in Corporate Services
The Benefits of Executive Income Protection
While there are several benefits to executive income protection insurance, many businesses are forced to balance the cost against the potential financial advantages. The keyword here is “potential”, which can sow the seeds of doubt about the full benefits. It is, therefore, no surprise to learn that many businesses are not covered by what can […]
Posted in Corporate Services, Insurance
Employee Benefits: Using them to Reduce Employee Turnover
As a business owner, staff retention has many benefits in terms of cost and the often unseen consequences of significant staff turnover. Therefore, it is essential to consider the cost of employee benefits against the cost of replacing low, medium and high-level staff. We have seen employers who have decided to cut employee benefits, pushing […]
Posted in Corporate Services
Employee Benefits: The Long-term Gains for your Business
Historically, the relationship between employer and employee has been relatively distinct and not necessarily the most proactive. Employers had a role, as did employees, and very rarely did their goals and aspirations meet. However, the situation is very different today, with employee benefits playing a significant role in long-term planning. Employee retention When looking […]
Posted in Corporate Services