The Challenge
A 50-employee company approached us to review and refresh its existing benefits package. With a NEST pension offering minimum contributions and just one additional benefit, they wanted to provide more value to employees without adding unnecessary cost or administration.
What We Did
Following a full review of their existing benefits, we:
Introduced salary sacrifice for pension contributions, using the resulting Employer NI savings to fund Group Life Cover.
Added a Health Cash Plan for all employees and Private Medical Insurance for the Senior Leadership Team.
Maximised free and discounted benefits, including Cycle to Work, Season Ticket Loans, gym discounts, retail discounts, financial advice, currency exchange and will writing.
Introduced a single employee benefits portal, bringing all benefits together in one place.
Launched the benefits changes with in-office and online seminars.
Managed ongoing benefits administration, payroll updates and annual renewals.
Introduced regular 1-to-1 sessions for employees to book time with one of our IFAs to help them better understand and make the most of their benefits.
The Result
The company transformed a basic benefits offering into a comprehensive, engaging and accessible employee benefits programme - giving employees greater value while reducing the administrative burden on the People and Finance Teams.
EB Partnership supported the business every step of the way, from strategy and implementation through to communication, administration and ongoing employee engagement.
