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Employee Benefits Myth Busting

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Ann Barker is one of our associates and is Sales and Partnerships Director of Excellect, a Bristol based employee benefits broker specialising in the SME sector. Growing businesses need to attract and retain quality people, and Ann strives to help them do this. She wants to “bust the myth” that employee benefits are only for large companies, as Excellect makes them accessible to all.

If you’re an SME business facing the current challenges of the cost of living crisis and shortage of talent you might be thinking that you can’t compete with large companies for the best people. But it’s really not the case when it comes to employee benefits and you may be pleasantly surprised. Here are three common misconceptions about employee benefits:

 My business is too small to offer employee benefits – Not usually true! Most benefits are available from as few as 3 employees, with access to the whole of market from 5 employees upwards
 I don’t think we can afford to offer benefits – Not usually true! Benefits start from as little as £1 per week per employee. Just get quotes and see
 I don’t know where to start and don’t have time – This is where a broker like Excellect can help. We offer consultations and benefit quotes free of charge or obligation. And, because we are a whole of market broker we can compare all of the options available. We will then advise you on the most suitable option and get everything set up for you. We also make scheme changes painless throughout the year and conduct annual reviews every year.

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