Designing an Employee Benefit Scheme

Employee benefit schemes are valued by staff andDon't just give staff a load of paper-based bumph to
attractive to potential employees. However, it'sgo through; consider trying to bring the benefits to life
important that you do your research to find out themore. For example:
benefits that people actually want. That way there's• Show them a bike available through the scheme
less risk of you wasting money on benefits that people• Investigate free financial education initiatives which
are not interested in and there is a greater chance ofexplain schemes such as pensions
staff being happy with their perks package.• Arrange talks on childcare vouchers and private
To offer the right benefits package you need to domedical insurance.
your 'market' research.Demonstrate action
Staff surveysStaff will be more likely to engage with your research
One of the most valuable bits of research you can doif you can prove you're not all talk with no action. If you
is to conduct a survey within your company to canvascan, show examples of successful initiatives that have
opinion. Before you unleash the survey on yourbeen implemented as the result of a previous survey
employees, let them know in advance that it will beof the same kind. This proves that you care what
coming. This gives them time to prepare and also tostaff want and listen to them.
do some research.Make it simple
You will need to give staff information about the typesYour survey must be simple and easy to access or
of benefits that could be on offer and perhaps providestaff will be put off. Make sure:
examples. Popular types of staff benefit include:• You keep the questions short or you will lose
• Pensionspeople's interest
• PMI, also known as private medical insurance and• You could consider reassuring staff it will take less
private health insurancethan five minutes to complete
• Bike schemes• The questions are easy to understand and not
• Concierge servicesambiguous in any way.
• Flexitime• Think about how the survey will be conducted - by
• Childcare vouchersinterview, in paper form or online? Online is the most
It's a good idea to research what your competitorsflexible option, and results and reports can be
and others in your industry are offering if you want toautomatically generated.
be an attractive employer.