The Credit Crunch is just over a year old, companies are experiencing increased pressure on their bottom line and rightly concerned as to the volatility of pension costs and the impact on company accounts. To this we see pension compulsion and personal accounts fast approaching. Significant tensions on the costs of providing a competitive benefit package and the need to retain talented and key individuals look set to stay for some while. How best to address these issues taking into account:

Benefits currently provided,

Current and future legislation and

Competitive pressure  

These are just some of the questions facing the finance and HR professionals in many companies today.  

At Xafinity we have seasoned professionals who are helping companies address these issues on a regular basis. As you would expect, as previous recipients of awards such as Actuarial Consultancy of the Year and Flexible Benefits Consultants of the Year, our people have at their disposal the resources and business tools coupled with their individual flair and business acumen to help companies assess their current position, expose underlying costs and risk and give strong guidance on the best way forward.   Once strategy is determined we can provide full support in transitioning from the current benefit package to the recommended position including communicating the package to employees, documentation, benefit sourcing and administration support.   So whether the question is simple such as how do companies implement salary sacrifice efficiently or what risks do you run if ……? Then we are here to help.