Village 360

Employee Benefit Schemes

Why would I offer such a scheme?

Why indeed? The long and short of it is that decent group schemes, whether they are superannuation or life risk based add a tremendous amount of perceived value to an overall employment package. Globally, employer sponsored and run schemes such as these are commonplace. Many international companies with representation in New Zealand run such schemes.

Reasons why:

• Increased morale within the workplace.
• To provide an edge over your competitors or even just to compete with them
• To prove to your employees that you do care about their future well being and that you are prepared to contribute towards it.

The combination of these factors will help provide cost effective stability to your business.

The Village 360 team will identify the options available to you and tailor a solution that will target employee retention within a predetermined budget. Once a solution has been finalised, we will liaise between the product provider, employees and employer to ensure that the scheme is set up efficiently and effectively. The merits and value of any new package will be stressed to employees at this time. During the implementation process, complimentary financial reviews will also be offered to relevant employees. The scheme will be reviewed annually to ensure that it is still appropriate and competitive. We are happy to counsel new or departing employees as and when the need arises. This will help to standardise process in this area for your business and in doing so, save valuable internal resource.

Schemes can offer group solutions in one, all or a selection of the following:

• Life Cover
• Total and Permanent Disability Cover
• Health Insurance
• Income Protection
• KiwiSaver and alternative superannuation arrangements.

For more information on this subject, please contact us.