“Without our skilled and dedicated workforce, we simply wouldn’t be able to consistently deliver top-quality projects whilst continuing to push the boundaries and remain at the forefront of our industry. It was hugely important not just for the business, but for me personally, that the Employee Benefits scheme was thoroughly reviewed to ensure we were delivering best value and structure for our employees.” Managing Director
Thanks to expert management and strategic investment, a construction consultancy have bucked the economic downward spirals. With continued growth and expansion, the firm decided to conduct a review of its own expenditure to maximise financial efficiency in a competitive marketplace.
The Board of the company passionately believe that their most important asset, and the key to their success, is the 130-strong workforce. It was therefore no surprise that they were keen for Wingate to review the Employee Benefits.
We are specialist employee benefits advisers who are fully authorised and regulated to advise, arrange and manage all types of employee benefits schemes.
One of our specialist consultants, Helen Pengelly reviewed the appropriateness and costs of the company’s Group Life Assurance, Group Income Protection and Group Private Medical Insurance arrangements. The review of the medical insurance policy required particular sensitivity owing to a number of ongoing claims.
Although cost wasn’t the primary driver for the review, we identified savings of £8,000 per annum with some very minor changes to the benefit structure. These changes did not compromise any contractual arrangement and most important of all, the level of cover for the employees remained at the highest level available in the market.
We benchmarked all benefits which provided the Company with the knowledge that in their case they were providing their employees with a market leading benefit program.
“Our expertise in what is such a specialist cost centre and the comprehensive and proactive nature of our benefit review was widely praised and I am delighted we were able to secure a win-win solution for both employer and employee” Helen Pengelly
What are the benefits to you and your staff of one of our benefit reviews?
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