Quantum Advisory launches flexible benefits offering for SME market
In a day and age when everyone wants something different, something that reflects their own personal circumstances, being able to provide tailored employee benefit solutions is a powerful tool in the armoury of Human Resource professionals. The ability to “better connect” with employees is proven to improve the productivity and retention rates of employees delivering a real and meaningful return on an employer’s investment. Flexible benefits offer one way of achieving these outcomes.
Sadly, access to the flexible benefits market has been limited, or even impossible for small to medium sized employers. Quantum’s new flexible benefits offering, QChoice, seeks to redress this inequality and allow SMEs to offer flexible benefit packages to their employees. With access to enhanced terms with preferential providers, QChoice is a cost-effective option for employers (those with minimum of 50-75 lives where protection benefits are required).
Employers that choose to adopt a flexible benefits strategy can expect to benefit from improved communications and key messaging abilities to their employees. Additionally, their employees will receive access to Total Reward Statements, which confirm the true value of an employee’s benefit package, plus access to online information regarding the suite of benefits available with the employer.
Being able to provide a varied and individual benefit package is an important talent attraction and retention tool for any employer. Flexible benefits allow an employer to provide their employees with the ability to vary their pay and create a benefits package that suits their personal requirements.
Pauline Iles, Principal Risk Benefits Consultant, says “Flexible benefits really do support the way we live today. Employees have greater awareness about health and wellbeing issues than ever before, and QChoice can help SMEs offer a wide range of traditional and innovative employee benefits that will engage more of their employees and allow each employee to have more control over the components that apply to them.
Businesses across the country are increasingly needing to evolve and find efficiencies to keep themselves relevant and competitive within their industry, whilst demonstrating a socially responsible and inclusive approach to their employees. QChoice can help SMEs with this evolution, whilst sending a positive message internally and externally about the culture of the business”.
Please contact your normal Quantum Advisory contact or Pauline if you would like to know more about QChoice.
Direct Line – 029 2083 7905