Choose your benefit package
Employer Benefits Package
To attract and retain the highest calibre of employees it is becoming increasingly important for employers to offer an attractive benefits package for the following reasons:
Reducing employee turnover
Boost employee morale
Increase job satisfaction
Abacus Wealth can advise upon and help you implement a complete employer benefit package for your business. This can include (but is not limited to):
- Company pension scheme that can facilitate employer and employee contributions.
- Group Death in service insurance – This is structured as group policy and typically pays a multiple of the employee’s salary to their beneficiaries, should they die whilst in employment.
- Group critical illness insurance – this type of policy pays out a specified amount to the employee if they are diagnosed with a qualifying critical illness.
- Group income protection plans – this type of policy can pay up to 75% of an employee’s salary, should they become incapacitated and unable to work through injury or illness and is a valuable add on to statutory sick pay
When evaluating what type of benefits package you would like for your business, you can choose all of the benefits above or a combination of them. Having your benefit package arranged by Abacus Wealth can reduce the administration and effort involved in maintaining this package over the long run. We will review the scheme every year to make sure it is up to date with any ongoing changes to staff.