In our last blog we discussed the importance of workplace wellbeing and shared tips on how to implement a wellbeing strategy. While many businesses may offer an Employee Assistance Programme and a large number of organisations provide health promotion benefits, such as fruit or discounted gym membership, there are many other employee benefits available that should be considered.
Getting insights from your employees and your employee absence data, is a good first step in ascertaining what benefits are most valuable and will produce the best return on investment. Having a HR system that can easily provide employee absence data, can be a huge help.
It can be difficult to know which type of benefits you should be offering your employees, and this is where expert advice from an Employee Benefits Consultant can help.
An Employee Benefits Consultant can be invaluable in assisting with your business case by;
Analysing your requirements:
The types of benefits that you want to provide for employees, depends largely on the demographic of the company. Benefits Consultants play an important role in helping companies to better understand their employees and develop options that will offer them more job satisfaction by catering to them and their lives.
Providing value for money:
Your consultant can review the market, negotiating with providers and using their knowledge and expertise get you the best deal possible.
Providing product expertise:
An Employee Benefits Consultant will know which products and services to recommend. A Benefits consultant will be able to discuss current benefit trends and provide benchmarking information on what benefits are being provided in your industry.
Offering Peace of mind
You will have peace of mind, knowing that you have appointed a consultant who has done the market research for you, leaving you safe in the knowledge that an expert is taking care of a wide range of benefits that you would otherwise have to deal with. Your consultant will review your proposals in line with relevant legislation, making sure you are fully compliant.
Assisting with promotion:
Providing benefits plays a big part in staff retention, but if you’re employees are not aware of what benefits are being offered to them, then you are loosing out. Employee Benefits consultants will offer to hold inductions for your staff, to ensure everyone knows what benefits are in place and what it means for them.
Assisting with Claims:
An Employee Benefits Consultant will be your one point of contact and will be available to assist you with any claims or questions you may have throughout the year.
The role of an Employee Benefits Consultant does not cease once the benefits have been initially implemented – during the policy year benefits consultants are available to provide updates on improvements or innovations to your existing benefits and/or to obtain key performance measures to help measure benefit performance and return on investment.
Talk to Eppione Today About Employee Benefits for Your Workforce
Eppione are Employee Benefits consultants who help businesses to become a better workplace and for the employees to be the best they can be.
We can review existing Employee Benefits to ensure they are fit for purpose and value for money and our online HR and Employee Benefits platform can help your business to thrive by offering flexible benefits to your employees, enabling them to choose benefits that are best suited to their needs.