Prosperity. Employee Benefits

Transcription

1 Prosperity Employee Benefits

2 What is an Employer of Choice? In simple terms it means that quality people will choose to work for you and they will: Choose to dedicate themselves to your success. Choose to stay with you, even when they are being courted by recruiters from other employers - recruiters with exceptionally attractive inducements. An Employer of Choice is one who inspires highly talented workers to join them and stay with them.

3 Employee Benefits Present your business as an Employer of Choice, offering a program of employee benefits to enhance your remuneration packages. In the race to attract the best employees, companies are striving to present themselves as Employers of Choice. A tailored Employee Benefits program offers some great tools to secure your relationship with your employees, increase their morale and allow you to offer a more appealing package when recruiting in a competitive market. Your Employee Benefits Employee Benefits programs can be tailored to meet the specific needs of your organisation, regardless of size. They can offer employees significant tax advantages, as well as savings, convenience and preferential treatment on a range of benefits and services. Our program includes: Corporate superannuation and insurances Salary sacrificing and salary packaging Vehicle management and leasing Discounted Health Insurance Wealth management advice Employee discount cards When combined with a well structured program, and a positive cultural environment, an Employee Benefits program can offer a powerful and compelling combination. Delivering your Program The administration of an Employee Benefits program internally can be labor intensive and time consuming for employers. At Prosperity we make it easy and cost efficient to offer your staff significant benefits. What we Prosperity Our Employee Benefits team work with our clients to package the right combination of benefits into a Benefits program that can be branded as your own. We then educate your staff on the benefits available, setting up all those who would like to participate in the relevant programs. Our team then actively manage your Benefits program as your Employee Benefits provider, inducting new employees into the offerings as they start with your organisation and providing regular presentations to staff to ensure they understand and access the services on offer. We train your HR team in the benefits on offer, and co-ordinate the service delivery on your behalf, providing a much more cost effective service than what can be provided inhouse. Attracting and retaining great staff is harder than ever before. Equip your business with an attractive Employee Benefits program that will support engagement from your team.

4 You can combine your choice of benefits from our range, to build your own Corporate Employee Benefits program and we will run it for you. Our Range of Benefits Our Employee Benefits team work with clients to develop strategic and tailored programs to meet individual organisational requirements. Prosperity has developed a range of services that maximises benefits to both employers and employees. Corporate Superannuation and Insurances Managing superannuation can be an overwhelming experience for many. Prosperity offers a corporate superannuation package that delivers a broad range of investment options, insurance cover, low fee structure and a great range of benefits. Tax Effective Salary Packaging Salary packaging is a means of allowing employees to effectively restructure their income to reduce the amount tax they pay. Employees can choose to receive their salary as a combination of cash and benefits. These benefits are either tax free or taxed at concessional rates. Prosperity s superannuation experts will conduct an in depth analysis of the benefits and services offered to your employees by any existing corporate superannuation fund and insurance provider. If the current arrangements in place are not meeting the needs of the company and its employees, we can make appropriate recommendations. Prosperity s salary packaging services offer real advantages to both employers and their employees. Our program can assist employers to improve morale and attract and retaining high quality employees, without increasing costs, or burdening administration.

5 Our Range of Benefits (continued) Vehicle Management and Leasing Prosperity offers a vehicle management and leasing service called Prosperity Smart Drive. Prosperity Smart Drive is a service that allows employees to lease a motor vehicle and pay for the lease and running costs (fuel, tyres, servicing, insurance) with pre-tax dollars. Employees pay less tax and take home more cash with Prosperity Smart Drive through the correct structuring of their motor vehicle. Prosperity Smart Drive has the buying power to ensure employees receive substantial discounts on vehicle prices when guided through the vehicle purchase process. Discounted Health Insurance Prosperity work closely with several major health insurers to package discount health insurance offerings for your staff. Our packages can bring your staff s health insurance costs between 5-8% below standard insurance prices. Wealth Management We work closely with employers to develop a tailored program to provide your staff with fully or partially subsidised wealth management services, reducing the financial stress on your team. We provide financial advice, superannuation guidance, tax planning, risk insurance and estate planning to staff, from the comfort and convenience of your offices. Many employers tell us that their staff greatly appreciate this investment in their financial stability. Executive Training Prosperity has developed a range of financial planning workshops for clients employees, focused on the key financial principles for managing money, creating and protecting wealth and investment fundamentals. Our tailored workshops teach your staff, the fundamentals of managing their money and building and protecting their wealth. Employee Discount Cards As a further advantage of implementing our Employee Benefits program, Prosperity have used our buying power to include an Employee Discount program with a broad range of offers spanning the everyday essentials, groceries, fuel, special treats and holidays. It is relatively inexpensive for employers, yet can make the world of difference to your employees. Prosperity s Employee Discount card Business Services and Payroll Automation Complete Payroll Outsourcing In addition to administering Salary Packaging arrangements and superannuation services, outsourcing the payroll function can remove the administration burden on an organisation. We offer a cost effective and tailored solution to suit the needs of any organisation, regardless of size and requirements. Prosperity provides a total payroll solution with flexibility, unlimited capacity and the latest technology. The system automates and calculates employment conditions, superannuation, leave, workers compensation and taxation.

6 Sydney Level George Street Sydney NSW 2000 T Newcastle Level Scott Street Newcastle NSW 2300 T Brisbane Suite 1, Level Creek Street Brisbane QLD 4000 T