| Flexible
Benefits |
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| Having
benefits that fit your needs, not what fits the
majority. Perflex enables companies to live that
dream now. The system can present the information
to employees to make informed choices, calculate
costs and actually select those flexible benefits
on-line. The document tracking system will then
present them with the minimal paperwork that will
be needed and full instructions for securing those
benefits for the coming year. |
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Flexible
Benefits - from an Employer’s
perspective...
Flexible benefits can make your employment
proposition very attractive. Employers with
flexible benefits are seen as caring, thoughtful
and generous. An employer with a good flexible
benefits scheme will seem, to a prospective
employee, head and shoulders above the average
firm.
From a financial point of view flexible benefits
can help to contain costs at an annually agreed
level and can make budgeting for benefits
simpler. |
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Flexible
Benefits - from the Employee’s
perspective...
Flexible benefits enable them to choose the
right benefits for them, in line with their
personal circumstances.
For some, the most important consideration
might be family protection, whether in respect
of health or income, whilst for others retirement
planning might be the key. In some cases having
the wizziest car will be all they are concerned
about. Whichever scenario, only flexible benefits
can potentially please them all! |
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Perflex
and Flexible Benefits
Perflex makes the transition to flexible benefits
as easy as one, two, three! We can start with your
existing arrangements and present your employees
with a total reward statement on-line. This can
be embellished with some simple choices such as
the level that they pay into pension or perhaps
one of the current salary sacrifice schemes could
be introduced. Then, some time later on to flex
as a simple next step!
Setup is relatively easy and with our expertise
and guidance should not prove too costly or disruptive.
The system can be customised to meet all your needs
without the intervention of programmers and can
calculate and validate all flexible benefit costs
and selections in accordance with your scheme rules. |
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Salary
sacrifice is a great way for employees and employers
to save money on a range of benefits.
Tax efficient options* include: |
• Childcare Vouchers
• Personal Pensions
• Bikes for Work
• Season Ticket Loans
• Mobile Phones |
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Salary
Sacrifice from an Employer’s
perspective...
Benefits paid for by the employee through
salary sacrifice will save the employer National
Insurance that they otherwise would have paid
on the sacrificed salary. |
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Salary
Sacrifice from the Employee’s
perspective...
Employees will save the tax and National Insurance
that they would have paid on these sacrificed
elements.
This together with costs spread for up to
three years makes these salary sacrifice schemes
very desirable. |
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Perflex
and Salary Sacrifice
Perflex can manage these schemes with relative ease.
We even have produced a ‘Cut Down’ starter system
called ‘Sal-Sa’ to make things even easier. So why
not ‘swing’ into action and ask for a demo?
*Inland Revenue & Customs
policy often changes at short notice. Please check
current policy before proceeding. |
