Can employee benefits better meet my business needs, rather than solely providing employees with additional cash?
Yes. Employee benefits can be tailored to provide an overall package which not only provides reward but also helps meet your business requirements. You control the benefits you offer. If you wish to provide some reward when pay rises are not possible, you can. What can be done to encourage recruitment and retention of quality employees? By offering a wider range of employee benefits, you will attract more applicants for vacancies and retention may be improved. Quality staff help give your business an edge over the competition. People will want to work for you if you get a reputation as being an employer who has the interests and well-being of staff firmly in mind. With the changes in taxation, I’m no longer sure which is the best way to provide company cars. What should I do? You should seek advice as to what method of providing a company car will be most suitable for the particular needs of your business – hire purchase, contract hire or buying/maintaining cars for your employees. A s