Employee benefits consultancy

With employees increasingly looking beyond salary and focusing more on their total reward package, offering the right mix of benefits can help attract and retain the best people and keep your workforce engaged and motivated.

Concerns over the costs and time involved in carrying out an employee benefits benchmarking exercise, along with fears over a possible increase in costs/benefits, mean businesses often delay this crucial exercise. However, in many cases, the opposite is found to be true. 

A clear corporate strategy around benefits and communication supports organisational goals including staff attraction, retention, productivity, wellbeing and corporate profitability.

 

Meeting your needs

Innovative

We use our expertise to offer imaginative yet pragmatic solutions, ensuring your employees get the most from their benefits and rewards package. 

Engaged

We build a deep understanding of your employee profile, engaging your people and helping them make informed choices on their benefits.

Holistic

You’ll have access to senior staff from across our diverse business including pensions and employee benefits experts, employment tax professionals and discretionary investment managers. 

 

How we can help

  • Strategic review service: Challenging your existing benefit model, including detailed analysis of current benefits, and reviewing your reward strategy.
  • Expert advice: Analysis and recommendations to ensure you’re offering employees the right mix of benefits, covering life and disability insurance and a wide range of voluntary benefits.
  • Implementation: From design and restructuring to project management and administration of all types of benefits arrangements.
  • Financial education: From group sessions to running one-to-one employee clinics on appropriate benefits options and retirement planning.
  • Evaluation: Determining whether your employees’ understanding and appreciation of their benefits has increased, and if you’re getting a return on your investment.

 

Our credentials

Trusted

Our team includes the highest proportion of regulated consultants, compared to our competitors, to support staff.

Word of mouth

At least 50% of new clients come to us as a result of referrals from satisfied clients.

Informed

Our team is adept at running clinics for employees so that they can make informed choices about their benefits package. 

Contact us

Steve Cave
Steve Cave

Associate director London +44 (0)20 7131 8194

Related insights

Pensions advice allowance
Article

Pensions advice allowance

As part of the newly-introduced pension freedoms, the Pensions Advice Allowance was created to enable scheme members to access financial advice.

Employment taxes benefits and incentives

Employment taxes benefits and incentives

Reviewing your remuneration and reward structures, designing and implementing share and employee benefits schemes and ensuring compliance.

The role of insured benefits in wellbeing programmes
Article

The role of insured benefits in wellbeing programmes

How to anchor a wellbeing strategy with meaningful benefits programme

Consultation response
Article

You don't know what you don't know about your employee benefits

In times of economic uncertainty, carrying out a strategic review of your rewards should become more rather than less important, as a way to help you extract maximum value from your ‘benefit spend’ and retain key staff.

Financial education
Article

Financial education – meeting the changing needs of employees

The link between financial anxiety, stress and lower productivity in the UK is increasingly apparent. Financial education as an employee benefit is on the rise.

Brexit tax impact
Briefing note

Briefing note - Tax implications of Brexit

Potential tax issues arising from the outcome of the UK referendum on EU membership.

Smith & Williamson websites use cookies. Find out about cookies here. By continuing to browse this site you are agreeing to our use of cookies.