Employee Perks and Benefits
We believe in nurturing a workplace where your team thrives and also experiences the true value of their contributions. Offering a comprehensive range of perks designed to enhance staff morale and foster a positive and productive working environment.
To support the wellbeing of your workforce, it’s vital to consider mental and physical health. Employee benefits solutions support your duty of care as an employer, tackling the causes of stress and poor mental health before they lead to absenteeism or resignations.
Employer benefits packages for SMEs
There are three core outsourced HR services we offer to support your employment benefits package, which assist with pensions and employee health.
Company Pension Scheme
Your employees want to look after their future. With a pension scheme as one of the leading employee perks in the UK, we can put you in touch with a provider to find the right pension scheme options for your business.
This way you can support your staff with a scheme that supports their long-term financial security. Having a pension scheme can also improve your retention rates and employee length of service as it’s one of the leading perks across the UK.
Health Cash Plans
While compensating your employees for their time and skills is essential, offering additional benefits contributes to making your team feel valued and appreciated. Increased appreciation correlates with higher productivity and longer employee tenure.
An affordable and widely favoured option is a cash plan, starting from as little as 75p per employee every week. The benefits of a cash plan can vary, encompassing dental treatment, optician appointments (including VDU eyesight tests), physiotherapy, osteopathy, chiropractic treatment, and counselling.
Private Medical Insurance
Employee perks and benefits can include private medical insurance holds heightened value for your employees. Running a private medical insurance scheme for your business offers dual benefits. Employees enjoy fast, comprehensive treatment prioritising their recovery, while your business experiences minimal time and revenue loss due to reduced employee absence.
This insurance safety net not only boosts staff morale but also enhances your organisation’s retention rates. The benefits of private medical insurance are:
- An aid in recruiting and retaining top talent.
- Prompt treatment helps employees recover quickly.
- A reduction in sickness days.
- The reassurance of knowing treatment is available.
- Flexibility of how, where, and when treatment is received.
Choosing the right policy requires time and expertise. We collaborate with leading UK partners who’ll help you in finding a policy tailored to your business needs.
Get more from your staff perks
My Staff Shop and EAP (an employee benefits programme) are connected directly to ensure introducing employee benefits is easy, allowing for quick integration and maximum accessibility.
My Staff Shop
My Staff Shop is an employee reward platform that fits your needs, from financial benefits to well-being, and health services. This way you can give your staff access to a range of tax-efficient benefits and discounts from national and local businesses, including shopping, holidays, dining, insurance, and motoring.
employee assistance programme (EAP)
Employee assistance programme benefits offer an accessible and confidential support service to our valued team members, helping your staff navigate personal mental health support and professional challenges.
The benefits of employee benefits
Competition for the very best job candidates is high, so it’s good business practice to use top quality perks to attract top talent and keep them in your business. The advantages of company perks can include:
- Attracting top candidates: Great perks attract great talent, helping you to stand out from other employers and bring in brilliant team members.
- Retaining staff long-term: Keep talent in your business by making them feel appreciated and valued, supporting their career progress and loyalty.
- Boost staff performance: Happy employees perform to their very best. Company perks can reduce stress, create a positive mindset, and increase employee engagement.
- Enhance company culture: Focus on building a positive and supportive workplace to lift morale, get departments working together, and avoid a toxic working environment.
- Increase brand reputation: From word of mouth to online reviews, your reputation will grow and turn your business into a desirable place to work.
Unlock peak performance with employee benefits solutions
Higher employee satisfaction means higher levels of morale, engagement, and productivity. Make the most of your business’s full potential with a benefits package that works for your business, supports your team, and creates outstanding results. Enquire today to get the ball rolling.
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Explore our comprehensive library of related resources to gain valuable insights, expert tips, and helpful tools for optimising your HR practices.
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faqs
What are employee benefits?
They offer your staff, alongside their monthly wage, perks such as pensions, paid time off, employee assistance programmes (EAPs), discounts, free refreshments, and much more. These can support your duty of care as an employer, helping to boost employee morale.
Do employee benefits get taxed?
Yes. Your business must pay tax on perks such as company cars, accommodation, and loans. If you provide benefits such as childcare, this is tax-free.
How important are benefits to employees?
They can be essential for staff wellbeing and for attracting new talent to your business. Professionals look for benefits that provide greater work-life balance, as these can support their day-to-day lives, boost morale, and reduce stress. In turn, this makes them happy, productive, and loyal to your business.
Are employers allowed to offer different benefits to different employees?
Yes, in the UK you can do this. Perks for employees may vary based on job grade and the level of seniority. However, if doing this you should be careful to avoid unlawful discrimination under The Equality Act 2010. There are nine protected characteristics to consider and you must not offer different benefits due to age, race, religion, sex, sexual orientation, pregnancy/maternity, and disability.
What are some good company perks?
Your business can be creative with what you offer and personalise as much as you like. However, some of the most popular perks can include:
- Hybrid working
- Employee Assistance Programme (EAP)
- Discount gym memberships
- Free healthy snacks and drinks (fruit, tea, coffee)
- Flexible working hours
- Pension scheme