It’s Time to Bulk Out Your Benefits Package, Here’s Why…

Capturing the very best applicants can be very difficult. Especially when looking to recruit in a competitive market. This is where employee benefits can revolutionise your recruitment strategy.

In one report, it’s stated that 71% of employees would choose a job with better benefits over another. This could be a big concern for SME’s that have a smaller budget to introduce and manage these schemes. Over a quarter of employees stated they’d leave for a bigger company if they’d get better benefits.

Graduates and millennials are particularly interested in job perks and benefits. According to Anthem, 35% reportedly turn down jobs with few or undesirable benefits. The issue for employers and those in recruitment is that not only new workers could be a cause for concern. According to a recent survey by Barclays, 87% of Gen X and Y feel that their current benefits package is not great. For example, they aren’t that flexible and they don’t meet their personal needs.

The Perfect Solution for This Issue is a Scheme that Works For All.

Whether it’s cars, healthcare or childcare vouchers. Recent Government changes to Salary Sacrifice affect these sectors. They can still provide great savings for employees and employers. As a car scheme specialist, we see the difference a good benefits package can make within a business. Employees feel rewarded and also find new reasons to get excited about work. Employee retention rates are increasing in workplaces that offer such benefits to employees. It’s hard to ignore the benefits that come with offering the best to potential applicants and employees.

To find out more about how car schemes can work in any business, no matter how small, contact us today.

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