Whichever way you look at it, your employees are the backbone of your business so it is only fair that you look after them. Many employers offer more than a standard remuneration package, ensuring their colleagues know they are appreciated.
The sum total of an employee’s remuneration goes well beyond what can be set out in a conventional wage slip. You owe it to your organisation and to your employees to provide the tools to give them the full picture.
We will help you ensure that your total reward statements are clear and concise. You can summarise management information, the cost of each benefit and take-up in relation to any voluntary or flexible benefits.
You can even provide your employees with an analysis of the potential savings they might achieve if they’re mulling over options like salary sacrifice.
Through total reward statements you can ensure your employees appreciate the true value of the benefits you offer them.
It’s not just about money, though. Happy, healthy employees tend to be more productive and engaged, so there are plenty of things you can do to help them on that level.
Providing voluntary benefits can play a big part in boosting employee wellbeing or simply giving them a helping hand in life. In addition, it allows employees to supplement their benefits with offers they are interested in and engaged with. Shopping discounts, for example, make retail therapy that bit sweeter, whereas dental and travel insurance take away some of people’s everyday worries.
And giving staff access to a cycle to work scheme means they’re likely to be fitter, healthier and less likely to call in sick. It ticks a green box for you, too.
To ensure your package adds the maximum value for your employees, your Mattioli Woods consultant will work with you to develop a benefit offering that is not only personalised to your company but will also work in conjunction with an effective communication voluntary benefit strategy.