Island Financial Solutions

"Aligning the power of your money
with the direction of your values"

 

Call: +44 1624 614618

4th Floor, Hillary House, Prospect Hill, Douglas, Isle of Man, IM1 1EQ

Employee Benefits

In today's fluid employment market, recruiting and then keeping employees is key to the success of any business. It is, therefore, essential for an employer to offer a competitive employee benefits package. An employee benefits package can consist of many different incentives, but amongst the most common are:

Here at IFS we have a great deal of experience in advising on packages that best suit the needs of both employer and employee, as well as implementing the required benefits and servicing the plans so that your involvement can be kept to a minimum.

We also recognise that your employees need to understand the benefits and their options to fully appreciate the value provided, and this is why we are always happy to come and speak to your staff, on a one to one basis if required, to explain the package and answer any queries that they may have.

As well as advising on new benefit packages we are happy to undertake a review of your existing arrangements to ensure that they are being provided at a competitive cost and still meet the objectives set when they were originally created. We produce a detailed report as standard, covering all aspects of what we do including an explanation of the products, recommendations and the costs of the different routes available to you. All this is produced before you need to commit to working with us.

There is no one stop solution to this quite complicated area but if you are aware of what your employees want, you make sure that your employees know the value of what they have and you are aware of what your main competitors are offering, then you are off to a good start!

In this field we recognise that many employers do not have time to effectively run, monitor and re-broke your benefits as often as you should. Let us take the strain for you.

Contact us now to arrange a no cost, no obligation confidential meeting to discuss your employee benefit requirements.

You will be able to study our report and recommendations prior to signing an employee benefits contract with us.

Saturday 4th July, 2020

Coronavirus: England's quarantine scrapped for arrivals from 50 'low risk' countries

Arrivals from Germany and Italy will also no longer need to isolate on either leg of the journey.

Coronavirus: Air France set to cut more than 7,500 jobs

Air France-KLM plans thousands of job cuts at its French arm as the air industry reels from the pandemic.

Washington Redskins agree review of controversial team name

The review follows a fresh wave of calls to scrap a team name long-criticised as racist.

Tesco demands supplier price cuts in discount battle

Britain’s biggest supermarket has reportedly given suppliers until 10 July to agree price cuts.

News Feed
BBC News - Business

Licensed by the Isle of Man Financial Services Authority.