Is salary the best way to reward employees? Or would they appreciate a flexible range of benefits more? For many businesses the latter proves to be a more effective tool in recruiting and retaining staff.
Benefits can range from help with child care and cycling to work to private medical insurance and group life, income protection and critical illness cover – and in many cases, a salary sacrifice arrangement can reduce your National Insurance costs too.
At Franklyn, we can help you put together the ideal employee benefits package, based on a cost-effective strategy that dovetails with your business plans. We can offer advice from a range of carefully selected and monitored providers, ensuring you have the flexibility to manage your business more effectively. Just talk to a member of our team for details.
The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief depends on individual circumstances.