You have to be prepared to
When it comes to employee benefits, we all know one size does not fit all.
However time and again benefit strategy will be delivered using the same industry standard pension, offering almost identical investment options, accepted multiples of life cover put together with a small element of flexibility around the edges.
Solutions may be implemented because they are easier for an adviser to manage or simply reflect a particular area of expertise that the adviser has.
What’s more it could be argued that more employee benefit packages are actually designed around what competitors in the labour market are offering than on the specific needs of a company’s employees.
As a result HR departments despair when attitude surveys show employees fail to appreciate the significant company spend allocated to benefits. And those responsible for finance question the value being delivered.
Helping you to create, increase and deliver VALUE in a challenging and changing world.