Effective and creative employee benefits will significantly reduce staff turnover and companies with the most effective benefits are using them to influence the behaviour of their staff and their bottom line, as opposed to simply being competitive, according to Mercer’s 2014 Australian Benefits Review. The review found organisations with very effective employee benefit plans have a lower employee turnover rate at 12%, compared to the general market at 15%. Both voluntary and involuntary turnover was lower in these organisations. There are also generally more hours being worked, particularly by senior management where 43% typically worked more than 50 hours a week, compared to 25% across the market as a whole. More recently, according to Mercer’s 2016 Global Talent Trends study, 89% say benefits are just as important as salary.
We offer a unique employee legal service that includes:
- Residential Property/Conveyancing
- Family Law matters
- Wills & Estate Planning
A large amount of referral from our clients is in fact with their employees, so it is a very effective incentive, ensuring staff are well looked after as part of an Employee Benefits Program. These arrangements, as have been the case with other Employee Benefits Programs, can either be incentivised by the company and/or the service provider offering reduced rates. Atkinson Vinden Lawyers provides 10% discount off the above qualified services for your employees.
Atkinson Vinden Lawyers will also provide:
- Regular legal articles of interest for these services, to go on your company’s intranet site.
- A draft email announcement to go out to all staff that can be tailored to your specific additional incentives.