Payrolling of Benefits
Payrolling of Benefits: A Streamlined Approach A well-designed compensation and benefits strategy should support and align with an organisation’s broader vision, values, and goals. Offering employee benefits can enhance engagement but also carries tax implications that employers must manage effectively. Understanding Taxable Benefits Common employee benefits such as Group Private Medical Insurance, Corporate Cash […]
Navigating the Evolving Landscape of Employee Benefits: Trends, Challenges, and Opportunities
In today’s competitive job market, the importance of a robust employee benefits strategy cannot be overstated. Employers are increasingly recognising that to attract, retain, and motivate top talent, they must invest in benefits aligned with employees’ needs, desires, and life stages. A well-crafted benefits offering does more than support workers—it can be a powerful tool for advancing a company’s bottom line, strengthening loyalty, and enhancing productivity.
The Role of Group Critical Illness Cover and How to Support Employees
In today’s fast-paced world, employee wellbeing has become a top priority for organisations. As critical illnesses can affect individuals across all age groups, employers have the opportunity—and responsibility—to support employees during life’s most challenging moments. Group Critical Illness Cover has emerged as an important component of a comprehensive employee benefits package, offering financial reassurance to […]
The Evolution of Workplace Benefits: What Matters Most to Employees in 2024
As workplaces continues to evolve, so do employee expectations around benefits. Gone are the days when basic healthcare and a few paid vacation days were enough to keep employees satisfied. In 2024, workplace benefits are transforming rapidly, driven by changing employee needs, remote work trends, and a renewed focus on work-life harmony. At the heart […]
Preparing for Flu Season: A Global Perspective on Workplace Health
Preparing for Flu Season: A Global Perspective on Workplace Health As the warmth of summer fades, the arrival of autumn signals the start of flu season in many parts of the world. For employers and employees alike, it’s important to take proactive steps to safeguard health and well-being as flu season approaches. Here’s a guide […]
The Changing Face of Employee Benefits
According to the Chartered Institute of Personnel and Development (CIPD), UK employee turnover is measured annually, reflecting the percentage of employees who leave an organisation over a set period. While turnover can be costly, the impact goes far beyond the immediate financial implications. The indirect costs—such as training expenses, operational disruptions, and the negative effects […]
What is the Importance of an Employee Benefits Strategy?
At Black Mountain, we understand that the success of any organisation is deeply connected to the wellbeing of its employees. The knowledge, experience, and skills of your workforce are your most valuable assets. Therefore, implementing a robust Employee Benefits strategy is essential to support and enhance the contributions of these indispensable individuals.
Unlocking the Power of Employee Benefits
Unlocking the Power of Employee Benefits Employee Benefits have become an essential component of modern workplaces, playing crucial role in attracting and retaining top talent. In this blog, we will explore various aspects of employee benefits, from what makes them effective to their role in motivating employees, and how they can benefit from both full-time […]