Managing Flexible Benefits
Flexible Benefits
HR Management Support are experienced in providing and managing bespoke flexible benefit schemes.
Schemes for smaller employers can be administered simply, without specialised software and can be operated in tax efficient ways
Flexible benefit schemes can include a wide range of options for staff to select from creating a plan that has something for everyone:
Future Wealth and Security:
- Pension
- Life Assurance
- Permanent Disability Insurance
- Personal Accident Insurance
Health:
- Private Medical Insurance
- Health Screen
- Dental Insurance
- Healthcare Cash Plans
Lifestyle:
- Holiday (Buy & Sell)
- Childcare vouchers
- Bikes
- Travel Insurance
- Retail vouchers
Core benefits are those that we feel are vital for all employees to have – whether this is for statutory (legal) reasons, or just as a responsible employer.
Core benefits are made up of:
- Pension, Life Assurance, Permanent Disability Insurance cover and Holiday. As well as the option to select increased levels of core benefits, a flexible benefit scheme can offer employees a choice of additional benefit options
- Flexible benefits schemes are very popular with companies who are merging or who are buying/being bought because it is easy to integrate the packages.
CIPD
Fareham Businesses – BNI Fortress Fareham