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Employee Benefits

Employee benefits are provided to employees, through an employer, by way of non-salary compensation, in addition to their normal salary. The purpose of these benefits is to increase the economic security of employees, and in doing so, potentially improve staff satisfaction and retention.

How can MRIB help

MRIB have a dedicated Employee Benefits Team to provide advice and offer services such as:

  • Group Income Protection Plans (an insurance policy which pays benefits to the employer for employees who are unable to work due to illness or accident)
  • Group Life or Death in Service Schemes (pays out a lump sum or level fixed benefit as part of their overall benefits package. Benefits may be paid tax free to a nominated beneficiary)
  • Retirement Benefits/Auto enrolment (workplace pensions)
  • Private Medical Insurance or Dental Cover
  • Employer Flexible Benefits Packages, where appropriate

Why not get in touch today to discuss your requirements further.

 

A pension is a long term investment. The fund value may fluctuate and can go down. Your eventual income may depend on the size of the fund at retirement, future interest rates and tax legislation.