Ask Away Blog: Making Your Business The One Everyone Wants To Work At

Making Your Business The One Everyone Wants To Work At

Friday, August 6, 2021

 


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As a business owner, it is important to keep your employees on-side. You want to create a positive work environment, which harvests great results and makes it easier for you to attract top talent in the future. Below, we are going to take a look at some of the different things that you should consider.

Use The Services Of Employee Benefit Specialists

There are a lot of different types of benefit schemes for employees available today, from childcare vouchers to car leasing. These schemes can bring about a number of significant benefits, improving retention rates, reducing costs, and boosting productivity. Nevertheless, this will only be the case if you choose with care.

It is recommended to utilize the services of employee benefits specialists when you plan the best solution for your company. With so many salary sacrifice schemes and other benefits to choose from, it can be challenging to know what is going to bring the biggest gains for your company. This is why a team of experts comes so highly recommended. They will have a huge level of experience combined with cutting-edge technology platforms, which will be used to search through the extensive collection of employee benefits that are available, resulting in the best and most profitable option for you.

Not only are specialists in employee benefits going to be able to advise you on selecting the best benefits for your business, but they will set them up for you and provide management services, ensuring they are being implemented properly and having the desired impact. You will get regular reward statements. If a scheme is not as successful as hoped, changes will be made, and other schemes may be considered too. You can also reduce the amount of administration your business is subjected to by hiring a team of specialists, and you can save yourself a lot of time. You can focus on what makes your business money while the experts concentrate on putting together the best employee benefits solution for you.

No company should dismiss the significance of benefit schemes for employees. Of course, you cannot simply offer benefits in the physical sense, you also need to consider the likes of managing time off requests from employees and improving workplace flexibility for parents especially. It is all about the full picture when it comes to creating a work environment that people want to be in.

Consider A Bike To Work Scheme

There are many salary sacrifice options for employers to take advantage of today, and one solution that you should certainly consider is the bike to work scheme. There are more benefits for employers than meets the eye. Read on to discover more about what you can gain from bike to work schemes.

Improve attendance – One of the great benefits associated with employee benefits at your business like this is that you are bound to see your attendance rates increase. This is because cycling to work will have a positive impact on a person’s physical health, as well as their emotional health, improving tolerance to stress, self-confidence, and wellbeing.

Boost productivity levels – This leads on from the first point. All of the benefits mentioned above also result in improved productivity.

Save money – Of course, one of the main benefits is that you will be able to save a considerable amount of money. Businesses and organizations can save 13.8 percent of the total value of salary sacrifice as a result of reduced NI contributions.

No implementation costs – Not only will you save money, but also you won’t have to spend any money on implementing this scheme.

Improve retention rates – As is the case with most salary sacrifice schemes, this is a great way to boost retention rates. Employees are more likely to stay with your business if they feel there are a lot of perks.

Boost branding – There is no denying that this is the type of scheme that can do wonders for your brand image. You will show your business in a positive light – a firm that cares about its employees and the environment too. This will be a great way to appeal to potential recruits.

Reduced parking – You will lower the number of people that require car parking spaces.

Environmental benefits – Bike-to-work schemes have a positive impact on the environment. By switching to cycling, someone who takes a four-mile journey every day will lower their yearly carbon footprint by six percent.



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