MENU Employee Benefits Home / Business / Employee Benefits What are employee benefits? Employee benefits are additional incentives to an employee’s regular salary. They offer a way to attract and keep people, contribute towards improving well-being and encourage required behaviours, achievements, values and skills. Most employers want to offer benefits to their employees, but do not know which to choose. Budget, number of employees, and similar factors can play a role in your decision. By building an attractive employee benefits package, you can attract and retain quality employees, improve employee health and morale, and gain certain tax advantages. Why use our employee benefits services? The right employee benefits create value for employees and employers alike. We know there is no ‘one size fits all’ solution. Companies have different needs and don’t necessarily have the time, skill set or scale to work through a thorough planning process. Our client’s benefits are regularly reviewed and adapted accordingly in line with any changes to their business. The right benefits can help you to: Recruit the best talent Retain key staff Maintain a motivated and happy workplace, thereby increasing profits Support work/life balance Businesses can offset some of the cost through: National Insurance savings through salary exchange benefits such as pension contributions Corporation tax relief against allowable business expenses Employees buying extra holiday Having an organised and monitored scheme that is well presented will reduce time spent by the HR department or office manager releasing their time to spend on other business needs Why use Francis Clark Financial Planning? Our financial planning advisers provide both our business and individual clients with clear, expert and relevant independent financial planning advice. Our chartered financial advisers can advise you on many business needs, including workplace pensions and business protection so you can look after every aspect of your business. Common Employee Benefits: Workplace pension scheme Group life assurance Group income protection Group critical illness Private medical insurance Healthcare cash plan Travel insurance for business Cycle to work scheme Electric car leasing scheme Employee assistance programme Bespoke employee benefit handbook Bespoke communication strategies Shopping discounts from a range of retailers View Employee Benefits FAQs Book Consultation To book your initial consultation (no cost or obligation), please fill in the form below with your details and one of our financial planning experts will be in touch. “His vast knowledge and approachability were exactly what we were looking for in a financial advisor and we are so happy that we found someone with this to offer and more.” Rachael & Luke Harman, Wales Employee Benefits FAQs What is the best way to build my benefits package? What are the four major types of employee benefits? How can you budget for Employee benefits? Ask our experts a question now Related Services Alongside our expert advice on Employee Benefits, we also offer a range of other financial planning services. Please see a few of these listed below: BUSINESS PROTECTION SHAREHOLDER PROTECTION KEY PERSON PROTECTION BUSINESS LOAN PROTECTION WORKPLACE PENSIONS EMPLOYEE BENEFITS 0800 832 1785 Privacy Policy Legal Disclaimer Cookie Policy Gender Pay, Diversity and Inclusion Modern Slavery and Human Trafficking Policy Covid-19 – Office Procedures and Practices Office Bristol Exeter Plymouth Poole Salisbury Taunton Torquay Truro About Us Meet Our Team Book Consultation View Insights Contact Us Portal Logins Our Client Portal Standard Life Wrap Parmenion Seven IM Francis Clark Financial Planning is the trading name of Francis Clark Financial Planning Ltd. Registered Office: Sigma House, Oak View Close, Edginswell Park, Torquay TQ2 7FF registered in England No. 05413603. Francis Clark Financial Planning Ltd is authorised and regulated by the Financial Conduct Authority (FCA) No. 433591. © Copyright 2021 - Francis Clark Financial Planning Ltd