Financial Planning for Companies
For today's highly-competitive international companies the task of recruiting and retaining the very best employees, in a cost-effective way, is of crucial importance. Offering an attractive benefits package that is understandable and meets the needs of employees can ease this task significantly.
Fulcra can help your company deal with the complexities of designing an effective programme of benefits. We can then clearly explain the chosen programme to employees, so that they are able to integrate their benefits into their personal financial strategy. Your company will reap the rewards of a highly motivated work force.
The implementation of a successful benefits plan relies on thorough research. Our studies would include a benefits audit, investigating what is currently provided in each country a cost-benefit analysis, taking into account
- the direct costs
- value to the employee
- legal, tax and administrative implications
- compatibility with corporate objectives the impact of change on existing arrangements.
Planning for the future is often complicated by programmes inherited due to expansion through merger and acquisition. Our recommendations will form a model of the best way forward. We will then look at how your company can phase in the changes, conceivably over a number of years, by adjusting and integrating existing arrangements and adding new elements to fit the updated model.