Employee benefits: how to reward the lifeblood of your business

LIFEBLOOD

clock

Paul Avis, sales and marketing director at Canada Life Group Insurance, explains the importance of employee benefits and how to communicate their value to staff.

Most employers will tighten their purse strings and look to reduce non-essential expenditure during the current uncertain economic time. However, as employees are the lifeblood of any business, it is important they feel valued in order to ensure their continued motivation, loyalty and productivity. A simple way of doing this is by reviewing non-remunerative aspects of their job package, such as employee benefits. Employee benefits can help to form an integral part of motivational strategy in the modern workplace, something that was originally recognised over 60 years ago when Abraham Mas...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Adviser tips

Interactive video: Navigating today's complex financial landscape as an adviser?

Interactive video: Navigating today's complex financial landscape as an adviser?

Advisers today operate in a competitive landscape, grappling with intricate client demands, increasing regulatory oversight, and volatile markets.

Sarka Halas
clock 04 April 2025 • 1 min read
Interactive video: Why financial wellbeing is at the heart of financial planning

Interactive video: Why financial wellbeing is at the heart of financial planning

Sound investment advice is a significant part of an advisor's role to help navigate markets and prepare clients for major life changes, but wellbeing should be a key consideration.

Sarka Halas
clock 02 April 2025 • 1 min read
Interactive video: Building and nurturing strong client relationship

Interactive video: Building and nurturing strong client relationship

Personalised advice is so pivotal in building trust. But how does this work in practice?

Sarka Halas
clock 31 March 2025 • 1 min read