Benefits review
Many employers do not review their employee benefits arrangements on a regular basis. The result is that these employers are unlikely to be receiving the best value for money.
The following factors can have an impact on the effectiveness of your existing arrangements:
- Changes in the employee benefits marketplace.
- Changes to the types of products that are available.
- New competitors with more attractive products.
- Existing providers becoming less competitive.
- Changes to company requirements.
Many employers could save money and/or provide more benefits to their employees.
Towry Law is a fee-based organisation. This means that we do not have a financial interest in doing anything other than what is best for the employer. We have no incentive to sell a product. We will only sell a product if it is in the best interest of the client.
The Towry Law Benefit Review Service will evaluate all aspects of a company's existing arrangements, including analysis of third party providers, investment strategy, value for money and service levels. We can also make comparisons with sector competitors and, using our experience, provide guidelines on the levels of benefits that should be offered to employees.
