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Recent research by Xpert HR revealed that the majority of British business will continue to provide the same package of employee benefits when attempting to recruit and retain staff despite the current tough economic climate.
The human resources online information source discovered that over a quarter of employers were actually willing to offer more benefits in order to give themselves an edge over competitors.
British employers were most likely to offer benefits such as childcare vouchers and free car parking while employee assistance programmes have increased in popularity as a staff perk.
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Offering these benefits will help maintain and boost business performance as employees will be less likely to miss work through ill health and their recover times from illness will be accelerated.
Current popular employee perks include salary-sacrifice benefits like cycle-to-work schemes as organisations can provide employees with ways to save money without offering them michael kors replicas (http://michaelkorsreplicas.snack.ws/) a bigger wage.
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Corporate wraps are another work benefit which are increasing in popularity as they help bring together pensions, Micheal Kohrs Outlet Stores (http://michealkohrsoutlet.webs.com/) Isas and share schemes to provide staff with greater flexibility.
This flexible benefit is becoming more prevalent because workers want more access to relevant financial products instead of just saving a section of their salary into a company pension.
Younger job seekers will find corporate wraps more appealing as they would prefer short-term savings products which will allow them to build a deposit for a potential mortgage.
Martin Palmer, head of corporate pensions marketing at Friends Provident, explained that corporate wraps enable workers to have greater access to their savings in tough economic times.
He haelkohrs (http://haelkohrs.blogspot.com) said: "Everything is in one place, so the employee can see exactly what they have got. Investment choices are also standardised across the products, so they could stick with their favourite funds even if they change the tax wrapper."
Performance improvement consulting professionals can advise businesses about which benefits are most appropriate and appealing to the staff who work in their organisation.
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