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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

For 41 percent of small business employees, benefits are crucial when accepting a new job, second to salary. And for 75 percent, a good benefits package would make them take one job over another,” says a recent employee health benefits survey by QuickBooks Payroll. A matching 401(k) or pension. Use of a company car.

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The benefits offered by XDesign

Employee Benefits

Benefits on offer at XDesign: Pension and group risk Group personal pension (GPP) plan with salary sacrifice arrangement for all employees. Employer and employee contributions of 4%, matched up to 5%. Healthcare and wellbeing Private medical insurance (PMI) scheme, employer-funded for all employees.

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Insiders

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FitFlop introduces salary sacrifice nursery scheme

Employee Benefits

Credit: Ritu Manoj Jethani/Shutterstock Footwear brand FitFlop has introduced a salary sacrifice nursery scheme for its 165 UK employees in order to help them save money on childcare fees. The post FitFlop introduces salary sacrifice nursery scheme appeared first on Employee Benefits.

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The benefits offered by Wave

Employee Benefits

The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Those aged 22 and over are auto enrolled, but it is open to all employees. Matching contribution levels: 3% employee contribution, 6% employer; 4% employee 8% employer; 5% employee and 10% employer.

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Benefits on offer at Atradius

Employee Benefits

Pension and group risk Trust-based defined contribution pension with 12% employer, 3% employee minimum contributions. Life assurance at 10-times salary. Healthcare and wellbeing Private medical insurance (PMI), subsidised for all employees. Denplan through salary sacrifice. 25 funded eye test.

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The benefits offered by Fox Agency

Employee Benefits

Benefits on offer at Fox Agency: Pension Salary sacrifice pension arrangement; employees are automatically enrolled after three months’ service. Employee contribution 5% and employer contribution 3%. Employee assistance programme: 24-hour helpline for all issues and telephone counselling if required.

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Benefits on offer at Egress

Employee Benefits

The benefits on offer at Egress: Pensions Defined contribution pension scheme, with 5% employee contributions and 4% employer contributions. Group risk Life assurance at four-times salary. Healthcare and wellbeing Private medical insurance (PMI) scheme, employer paid for all employees following probation.