Employee Benefit Review Service

Please watch the video to find out in less than 2 minutes how our Employee Benefit Review could help your business

Motivating employees to improve their health

Offering employees access to health-related benefits and supporting their promotion through our member engagement services will help deliver success through reduced absence, and increased productivity.

Investing in preventative health benefits

The traditional comprehensive private healthcare provision is increasingly being replaced by more relevant, flexible and valued healthcare benefits which employees access more regularly to enhance their wellbeing.

Support for your employees in the event of the unexpected

Life assurance and income protection are the cornerstone of many benefit programmes and provide employees with the peace of mind that should they fall ill or die, their families will receive financial protection.

Understanding your business needs

We take time to understand your business, prepare and present a workplace pension reform assessment report which includes a project timeline.

Planning and designing a compliant approach

We validate existing arrangements or recommend a suitable scheme. We will advise on the contribution structure and identify other issues such as changes to employment contracts, nature of enrolment, contribution levels and salary exchange

Implementing recommendations and employee communication

We create and project manage the implementation to ensure you meet all the regulatory requirements.

In liasion with you, we will produce a communication strategy document, which can include the following:

  • Mandatory employee letters
  • Fixed and enhanced protection notices
  • Employee awareness PowerPoint presentations, with or without audio
  • Webinar presentations
  • Onsite presentations
  • One to one meetings and/or Q&A sessions
  • Employee support via telephone or email

What a good pension scheme looks like

The Pensions’ Regulator has published details of what an employer pension scheme should offer and our service is aligned to this guidance. This ensures our clients have compliant, low-risk pension schemes which are highly valued by employees.

Delivering good outcomes for pension members

There are six elements necessary for pension scheme members to achieve a good outcome from their company pension, which is an adequate income in retirement. Our service is committed to deliver these principles:

  • Appropriate contribution decisions
  • Appropriate investment decisions
  • Efficient and effective administration
  • Protection of the pension through governance
  • Value for money
  • Informed decisions at retirement

Our support for employers

Core services

  • Annual scheme governance report
  • Annual governance review meeting
  • Scheme project planning ‘road-map’
  • Unlimited employer helpdesk

Additional services

  • Salary-for-pension exchange financial modelling report
  • Salary-for-pension exchange implementation
  • Pension contribution benchmarking
  • Additional teleconference or face-to-face meetings

Our support for employees

Core services

  • Goal-based retirement planning
  • Retirement service
  • New employee information and advice
  • Unlimited member helpdesk
  • Transfer advice
  • Investment risk assessment for all members
  • Risk-graded investment funds

Additional services

  • Face-to-face pension clinics
  • Online webinar clinics
  • Group presentations
  • Bespoke and personal investment advice
  • Full retirement service

“Appointing Wingate Benefit Solutions as our pensions advisers is undoubtedbly one of the best decisions I have made in my seven and half years with Blackpool Transport. Both the speed and the quality of Wingate’s responses have been excellent and I have been particularly impressed by the way in which they have always been prepared to go the extra mile in looking after the company’s interest and ensuring we are provided with the best possible data and information. I would recommend Wingate to any other company.”

Blackpool Transport
Managing Director

Bringing the employee value proposition to life

We believe that satisfied people make excellent employees. A satisfied employee is likely to be more engaged, more productive, more loyal and less likely to leave.
By thinking from an employee’s perspective about how work fits into their life, employers can deliver a flexible benefit solution which delivers real value

“As well as the direct savings from reduced National Insurance Contributions and lower administration costs through offering flexible benefit schemes through an IT platform, more satisfied employees simply cost me less.”

Finance Director

Employee choice

We offer a comprehensive range of attractive and cost-effective benefit choices, exclusive retail discounts and practical employee support tools, all delivered and communicated through a single online platform.
A suite of benefits that simply make your employees’ lives better and will help define you as an employer of choice.
Fully supported by our experienced team, the modular design on our platform means you can start with as few or as many benefit options as you like, and change your solution as your requirements grow.

“A contented employee means lower absence and longer service, meaning I spend less on recruitment and training. They also help attract good talent. It makes perfect sense to address employees’ needs in this way.”

HR Director

Core solutions

  • The modular voluntary benefit package
  • Discounts on employees’ everyday lifestyle spend
  • Total reward statements
  • Internal communications and storage network
  • Information and guidance on money matters

“I appreciate any employer who tries to support me by helping my pay to work harder and by giving me access to facilities which help organise my life in return I will give them 100% back.”

Employee

Improving understanding

In our experience many employers rely on information provided during induction periods to educate employees on the benefits they provide. These may be supplemented with periodic communications but the onus is on the employee to read, and more crucially understand the information they receive. In reality, employees don’t always take the time to read the information they receive and if they do, this is rarely truly understood.
Wingate believe there is a responsibility to ensure benefits represent excellent value and deliver the best possible outcomes and to achieve this, employees must truly understand the benefits they receive and the value they provide.  Our service proposition is designed to achieve these goals.

Supporting employees

We encourage employees to contact us in order to help educate them on the benefits they are entitled to receive but also reduce the burden of enquiries on the employer’s HR and management teams.
We offer the following services to support employees:

  • Group benefit presentations or roadshows
  • One-page member guides for each benefit offered
  • “How to claim” guides for healthcare and protection schemes
  • Pension and financial education clinics
  • Webex presentations to groups or individuals
  • Individual consultations on pensions and the broader benefits

Enhancing perceived value

It is estimated that a typical company invests 12% of salary into benefits covering pensions, health and wellbeing. This significant investment is not always valued by employees which creates the risk that the employer’s objectives through offering benefits is not fully realised. In order to attract and retain talent, it is crucial that employees not only recognise the value that the benefits offer but also understand how these support them through their working life and into retirement.

We help employees consider their lifestyle needs, whether immediate or a long way off, as well as events that may not seem important right now. We use a variety of methods to help employees understand how the benefits can support these needs, making their benefits simple, suitable and essential. This could be how a generous employer pension contribution will help to achieve their retirement aspirations, or highlighting the availability of an Employee Assistance Programme when something doesn’t go to plan.

We communicate in a creative way and reflect each organisation’s core values to gain greater engagement to maximise the perceived value of the benefits package.

Protecting Vulnerability in Businesses

The loss of influential individuals through death or serious illness can be hugely detrimental to a company’s financial position, yet this vulnerability is often overlooked when considering the firms insurance needs.

We can provide advice and insurance solutions to protect against these risks.