The benefits package you provide can make the difference between you and your closest competitors when it comes to attracting and retaining employees. If staff are a key part of your business this is not an area that you can afford to ignore.
By fully integrating our tax, financial planning and HR specialists, PKF in Eastern Africa provides advice across the full range of benefits from traditional ones such as pensions and protection, to more innovative flexible schemes and employee share schemes.
You may be experiencing high staff turnover or as a growing company provision of benefits may be new to you. You may even have acquired a business or staff that has brought legacy benefits that need assessing and integrating with your existing package. Whatever your business's circumstances, we offer expert consultancy services and advice that identify your needs and seek to provide and support innovative cost-effective solutions that employees will value.
We give independent advice that is based on sound tax, financial planning and HR expertise. We are not tied to any financial services providers or insurance companies and our service can be fee- or commission- based to suit your needs.
Research shows that pensions are one of the most sought after benefits by employees, and can prove persuasive in recruiting and retaining staff. Problems with pensions provision in recent years makes the selection of a scheme that offers the right blend of cost, security and level of return more important that ever.
Whether you want to set up a new scheme or need help assessing or running an existing one, we offer advice to companies and trustees on both defined benefit schemes and defined contributions plans.
Group personal pensions
In recent times, group personal pensions plans (GPPPs) have grown in popularity with employers and employees. We offer advice to employers on setting up GPPPs and the ongoing servicing of these schemes. If required, we can offer individual advice to employees in relation to joining the scheme, the level of contributions, fund selection and on retirement planning.
As with our other pension services, we offer companies advice, including setting up of new schemes and reviewing existing GPPPs already in operation.
Flexible benefits packages present new ways to reward and motivate your employees, especially those not attracted by traditional benefits. On the face, of it these may seem a more complex option but we can help you asses their suitability for your business and with the selection, implementation and running of the right scheme.
Whether you are seeking a scheme that enables your staff to select their own balance of core benefits or one that is fully flexible with a broad range of benefit options, we can provide expert advice, consultancy and support services, including:
- Employee surveys or focus groups to assess preferences
- Cost assessment of schemes
- Project planning
- Presentation of scheme to employees
- Ongoing employee communication such as rewards statements on-line management
If you would like further information please contact Atul Shah.