Pensions have always been a key component of any staff benefit programme and remain so, despite recent fluctuations in the financial markets. These recent events, together with the vast assortment of pensions on the market and the complexity of legislation, make it vital that your employees receive the best planning for their retirement, however far away that may seem.
We can work with you – and your employees – to help put together the optimum plan for your respective needs, helping to deliver future financial security. Our key role is to ensure your employees achieve optimum levels of retirement income and return on their investment with a combination of competitive premiums and the best advice.
We’ll identify the scheme that suits them, your company and trustees alike, whether it’s a Group Personal Pension Plan, a Group Stakeholder Pension Plan, a Defined Contribution or Money Purchase Plan.
If you have a defined benefit/final salary scheme we can include this in our service. In many cases we can substantially reduce the consultancy, actuarial and administration costs of your scheme whether or not it’s closed to new members and/or future accrual.
An effective and competitive healthcare scheme should be central to your benefits programme. This demonstrates to your employees that you prioritise their own and their dependents’ wellbeing, and helps to remove worries associated with hospital waiting lists, delays in treatment, inconvenient appointment times and unnecessary absence from work. Employees and those looking to work for you are now also placing greater value on the health benefits you provide as the government places greater onus on the individual.
Our healthcare consultants are intimate with the changing marketplace from both a need and supply perspective. They can put together a private medical insurance plan, which your employees can use to complement NHS cover with the added reassurance of fast diagnosis and treatment of acute medical conditions.
The result: peace of mind for your staff, less absentee days for your business.
Absenteeism costs UK business a staggering £13.4 billion per year*.
How much is it costing your business in lost productivity and excessive payroll?
Company Rapport’s experts can help companies manage employee absence effectively, resulting in reduced absentee days and significantly lowered costs.
Using highly effective but sensitive absence management programmes, we can track absence rates and patterns, identify the causes of absence, develop, implement and manage strategies, train your employees and line managers in their responsibilities, arrange counselling and advice, and help you integrate absence performance into the appraisal and development process.
*Confederation of British Industry figure, 2007.
Security and peace of mind play a crucial role in attracting, retaining and improving the performance of staff. A key component of staff benefit schemes, we arrange for and administer the most rewarding and cost effective deals for death in service, income protection, critical illness and other types of risk cover.
We work in partnership with you to provide you and your staff with the certainty that should certain unfortunate events befalls them, everything’s taken care of.
After consultation with you and your employees, we identify the most suitable options and the most efficient way of financing them, and advise you on benefit selection and management.
Your staff can enjoy certain additional benefits at a preferential rate to them and no cost to the company… a true win/win scenario. Salary exchange or salary sacrifice is most commonly used when higher earners wish to increase their pension contributions.
It is also increasingly used for benefits such as childcare, bicycles for work and mobile phones.
Employees agree to take a lower salary in return for a contribution to their pension fund or other use, reducing the NI contributions from both parties, the saving from which could be used towards making further contributions if desired.
This not only provides an easy, at-source form of savings, but both higher and basic rate taxpayers benefit from the increased value of their personal contributions.
To be really valued by employees, at the heart of any reward scheme there must be a great value, easy to use employee discounts programme that brings real savings on everyday items.
We deliver great employee value and a scheme which is easy for employers to administer. With over 1000 national retailers and many more local offers our employee discounts scheme represents superb value accessed with ultimate ease. Our approach is to bring your employees the widest selection of retailers, offering the most choice, with the best reputations so it reflects well on you as an employer.
Furthermore with a suite of market leading management information reports, as a provider we are fully accountable for the scheme we manage on your behalf. This facility is hosted by Company Rapport in association with an internet-based employee discounts portal. The solution carries your company branding.