Today, employee benefits are a vital recruitment and retention tool where the benefits provided must be seen to be both meaningful and competitive. We also recognise that 'employee wellness' is now a key concern of most employers.
Dickson’s service begins with a review of the options for the overall design and structure of an employee benefits programme, then evaluation of the numerous products and providers is undertaken to ensure that the final recommendation is attractive, relevant and cost effective.
The service continues with the all-important communication to employees both in groups or individually, followed by ongoing monitoring, evaluation and one-on-one advice.
Typically, pensions are at the top of the list. Protection products are also a core component and include Group Income Protection (formerly Permanent Health Insurance), Private Medical Insurance, Critical Illness and Death in Service cover as the most common benefits. For larger organisations a flexible benefits programme offers employees choice from a 'cafeteria' menu of options.