Employee benefits – a win win for all

Providing your employees with social benefits should be a win win for all. You save Employers National Insurance and they save both tax and National Insurance.

But if you provide these as additional benefits, do you expect more than a financial saving?

Should you be looking for more efficient working and thus increased productivity?

Of course you could use a specialist benefits provider to administer the scheme on your behalf, thus reducing the administrative burden on your own company whilst offering a wider range of benefits to your employees. But what would your employees get and how would it affect you?

Flexible working is now enshrined in law and reasonable requests need to be considered by those who look after children or the elderly. Neither childcare nor eldercare has any tax cost for the employer, but it can be difficult for most business owners