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Developing employee benefits that motivate productivity and loyalty

Developing employee benefits that motivate productivity and loyalty

WA DAVIDSON Nov 23 2015 Blog 3037445 comments

Like Richard Branson, CEO of Virgin, we believe that successful companies look after their employees. Therefore, when planning, designing, implementing and managing our clients’ employee benefits we ensure their benefits are competitive but fit within their range of affordability.

Developing employee benefits that motivate your staff’s productivity and sustains their loyalty is complexed. Competition for experienced and skilled human resources and ever-changing regulations keeps moving the goal-posts.

Pending each client’s needs, we custom-design their benefits packages in that we with products related to …

  • Retirement and pension funds
  • Collective investment schemes
  • Medical aid and gap cover

Both our ongoing consulting and administrative services offer clients more than optimum benefit solutions. We also cut through the red-tape and relieve our clients of the legally required paperwork and the compliancy-related issues.

We’re talking about a lengthy list of mandatory practices and documentation regarding …

  • The rules and regulations of the Fund and Board of Trustees
  • Running of Trustee meetings including the preparation of agendas and writing of minutes
  • Fund, Trustee and Member communications including accurate monthly benefit statements; as well as annual financial and performance-tracking reports
  • Interaction with appropriate authorities including SARS
  • Managing and submitting data to all stakeholders including insurers, auditors and Evaluators

That’s just for starters. As part of our ongoing support our dedicated team of administrators and fund consultants manage so many more time consuming tasks. For example ….

  • Resolving members’ queries effectively and efficiently
  • Facilitating benefit changes timeously
  • Updating member and fund information
  • Providing clients and their employees with the convenience of internet-based statements

    • Developing employee benefits that motivate your staff’s productivity and sustains their loyalty is complexed. Competition for experienced and skilled human resources and ever-changing regulations keeps moving the goal-posts.

    WA DAVIDSON

    3037445 comments

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