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BENEFITS STRATEGY
overview
flexible benefits
- services
standard benefits
salary sacrifice benefits
total reward statements
voluntary benefits
International benefits
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A simple form of flexible benefits is salary sacrifice whereby an individual foregoes salary and the company then also provides a higher level of benefit provision. Vebnet have implemented all the possible benefits under this form of structure that typically is cost neutral, or cash positive, due to savings in Employer’s National Insurance.
Vebnet can provide all technical support on implementing these benefits such as childcare vouchers, bike to work arrangements, mobile phones, pensions salary sacrifice, health screens and other tax-free benefits.
The Vebnet differentiation is that we understand these benefits are not the main part of your normal role in your organisation and so you want a partner that can just guarantee execution of the new initiative and make it happen successfully.
Vebnet is able to offer different procurement strategies for providers dependent on your cost profile. For smaller organisations this typically can mean that provider selection is done at no cost whilst for larger organisations provider selection can include due diligence, contract negotiations and presentation formats. |
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