Consulting

In addition to our benefits and reward technology, we can provide expert advice and support to help you find the right solution for your business, your employees and your budget.

Our experienced benefits consultants can help you assess the strategic and operational feasibility of what you want to achieve and pass on their experience of other organisations' schemes.

We offer a wide range of consultancy options, from simple advice on a specific employee benefit to a full scheme design or review.

 

Prior to embarking on a new benefits programme we recommend carrying out a feasibility study. This helps to ensure that you have fully analysed the business case and cost implications before starting the project.

A feasibility study looks at the advantages of introducing benefits, identifies any issues that may occur and proposes recommendations on how to go ahead with scheme implementation.

 


 

 To find out how we could carry out a feasibility study for your organisation, please contact us

Our feasibility study covers a variety of different topics, focussed on the following key areas:

  • Objectives – what are the key reasons for implementing a benefits scheme?
  • Evaluation of existing solution
  • Gather employee feedback
  • Examine costs and analyse potential return on investment
  • Recommend scheme structure, software, administration and communication
  • Look at achievable timescales.

Getting the right solution to suit your organisation’s requirements needs careful design and planning.

Our experience in developing benefits packages allows us to consider your requirements and create a scheme design that will assist employees in extending the value of pay whilst maintaining a cost-effective scheme that will introduce real business benefits.

 


 

 To find out how we could design a scheme for your organisation, please contact us

Our consultants will look at all of the following elements when determining a scheme design:

  • Assess the overall scheme structure
  • Consider the HR and payroll interface
  • Detail the specific benefit information
  • Explore how the scheme will be funded
  • Decide on the administration processes.

 

We will then produce a comprehensive scheme design document for client sign off. This document is then used as a framework from which the system technology will be configured.

Identifying the right benefit providers and negotiating terms is key to achieving the best outcome for an organisation and their employees. Clever broking of employee benefits is one of the most successful ways to reduce the costs of a reward programme.

 


 

 To find out how we could broker the benefits for your organisation, please contact us

NorthgateArinso Reward Solutions has the strength to negotiate powerfully across the whole marketplace on your behalf.

We focus on delivering high end solutions and value-for-money. Having established a client's requirements we can broke or source any of the following products:

  • Group Pensions (Flex and Core)
  • Private Medical Insurance (Flex and Core)
  • Death in Service (Flex and Core)
  • Permanent Health Insurance (Flex and Core)
  • Critical Illness Insurance (Flex and Core)
  • Salary Exchange
  • Tax-efficient benefits
  • Other flexible benefits
  • Workplace financial education and advice

 

We offer a flexible approach to remuneration that can include fee, commission or a combination of both, and can price the remuneration on the overall package and not necessarily just the individual products. The ability to be flexible with regards to remuneration enables us to procure highly competitive rates.

It is essential that as an employer you regularly review the benefits you offer your workforce. It’s important to make sure they continue to fit with your reward strategy, meet the needs of your employees, and most importantly ensure they remain competitive and still provide value for money. We would suggest this is done an annual basis.

 


 

 To find out how we could carry out a benefits review for your organisation, please contact us

When conducting a strategic benefits review we would work with you to:

  • Identify employee understanding and appreciation of the benefits you currently offer
  • Determine what the benefits are required for and what the company is trying to achieve by offering them
  • Review the existing arrangements
  • Choose the benefit providers and products that are the best fit for the organisation.

 

To enable us to achieve the above the market needs to be thoroughly researched and the benefits available evaluated, as well obtaining information about the various providers and the unique attributes of each product.

Case Study

Read how we helped Emap improve their benefits communication strategy.

 

Guide to Flexible Benefits

To request a FREE copy of our Guide to Flexible Benefits, email:

rewardinfo@ngahr.com