Employee Benefit Program

What Is Important For You, Your Business and Your Employees

Flexible Benefits appear in many forms, but with only one objective; to meet the needs of your business and your employees. 

 

Whether it is on a website or a printed enrolment form, 5 benefits or 20, with or without a total reward statement, Flexible Benefits empowers employees to choose the benefits that matter to them and as an employer, this enables you to truly maximise the value of the benefits you provide. 

 

Sancus Retirement Planning will work closely with you to understand your company’s objectives, your concerns, and your strategy for the future. 

 

Whether you are looking to harmonise terms and conditions, become an employer of choice, incentivise staff, expand on an existing benefit strategy, or simply streamline administration with all your benefits in one place, we can help you every step of the way. 

 

We can help your business create and maintain a cost effective, flexible employee benefit programme, reflecting your budget and the needs of your employees. This may include pension schemes and group protection arrangements (life assurance, income protection, private medical insurance etc.), but it increasingly includes childcare vouchers and cycle to work schemes, a gym membership, hospital cash plans and local / bespoke arrangements. Supported by experienced administrators, we aim to minimise your management time in running the employee benefits, leaving you free to concentrate on your core business activities. 

 

Pensions 

Helping employees plan for their retirement is usually seen as a key employee benefit, and has historically been part of a firm’s competitive advantage when looking to recruit. All employers, even if they only have one member of staff, have to enrol employees into their pension scheme, and so simply having a pension scheme is no longer enough. Sancus Retirement Planning can review your pension scheme, including charges, contributions, investments, member communication and governance to ensure that you offer a competitively priced, attractive scheme which your employees understand and value.

 

Protection 

We use our wealth of experience to negotiate excellent terms for group protection arrangements. Life assurance is a valued and often inexpensive addition to the benefits offered to employees. Writing it on a group basis minimises underwriting, and it can be tailored to offer differing levels of benefits across the business, perhaps reflecting and rewarding seniority, service etc. Income protection, (also known as Permanent Health Insurance or Long Term Disability) is a key benefit for both employees and employers. A properly structured income protection arrangement can help manage and control long term absence costs and support employees during sickness and disability. Good schemes offer early intervention and support for employees to speed recovery and return to work. These can be supported by the Employee Assistance Programmes (EAP) offering employees access to confidential counselling and support, which can provide your business with vital benefits, including reducing the number of avoidable absences and maximising employee wellbeing.

 

Private Medical Insurance 

Medical insurance is perhaps one of the most widely valued employee benefits. The key to making this benefit attractive and affordable is understanding what employees will value, establishing the right level of protection for the right employees, and negotiating the best possible terms. We have established links with one of the markets leading medical insurers, and an independent medical insurance broker, to make sure that whether a client has a scheme in place that needs to be reviewed, or are in need of a new scheme, we can deliver the best solution.

 

All of our solutions can be facilitated using all the latest technology and tools giving your staff an interactive portal to pick out what matters to them and, as well as what is detailed above, listed below are some additional areas of employee interest: 

 

• Critical Illness Cover

• Cash Plans

• Dental Cover

• Employee Assistance Programmes

 

Please contact info@sancusrp.co.uk for more information, help and guidance on our Employees Benefit Programme Service.