Employee benefits planning covers the design, implementation, and ongoing management of group financial benefits for a business's employees. This includes group life assurance, disability cover, funeral cover, pension funds, and provident funds — structured to attract and retain talent while managing the business's cost and compliance obligations.
A well-structured employee benefits programme is one of the most cost-effective tools a business has for attracting and retaining quality people. Group risk benefits are significantly cheaper than individual cover. Pension and provident funds provide employees with a retirement savings discipline they may not apply themselves. And a business with no employee benefits programme is exposed — both to staff turnover and to the personal financial fragility of its own people.
I hold a Certificate in Employee Benefits alongside my CFP® and LLB — which means I bring specialist knowledge to an area most financial planners handle generically. I review your current programme (or design one from scratch), benchmark it against industry norms, ensure compliance with the Pension Funds Act, and manage the ongoing administration and communication with your employees.
Business owners with 5 or more employees who want to provide competitive benefits, and HR managers at established businesses reviewing their existing employee benefits programme.