At Mercer Marsh Benefits, we specialise in providing health insurance, income protection and pensions solutions for businesses of all sizes and sectors. As one of the UK's top employee benefits brokerages, we have strong partnerships with leading providers. This enables us to help secure competitive rates and coverage for you. 

Our services

Partner with us for a range of employee benefits broking services, including:

  • Group healthcare benefits

    ✓ Private medical insurance.

    ✓ Dental insurance.

    ✓ Health cash plans.

     

  • Group risk benefits

    ✓ Life Assurance. 

    ✓ Income protection.

    ✓ Critical illness cover.

     

  • Pensions

    ✓ Defined Contribution (DC) schemes.

    ✓ Auto-enrolment.

    ✓ Salary sacrifice (also known as salary exchange) schemes.

     

  • Workplace wellbeing

    ✓ Employee Assistance Programmes (EAP).

    ✓ Financial education.

    ✓ Health screenings.

     

  • Added value services

    ✓ Benchmarking.

    ✓ Gap analysis.

    ✓ Employee benefits platform and software.

     

Why partner with us?

  1. People first
    Our personalised approach means that you receive not only expert advice but also a partner who is genuinely committed to your success. This ensures that your needs are met every step of the way.
  2. Data-driven
    We use advanced analytics and employee data insights to inform your company benefits strategy. This helps you optimise offerings based on employee preferences and market benchmarks to help enhance engagement and satisfaction. Our related insights ensure that you have a better idea of how your benefits work in practice.
  3. Provider partnerships
    It’s not just what we know, it’s who we know. Our relationships with the UK’s leading providers help deliver competitive prices and comprehensive employee benefits offerings. This ensures that these offerings are also sustainable and provide the best value for your organisation.
  4. Global reach, local focus
    With a presence in over 130 countries around the world, we provide international best practice and local market knowledge. This ensures that your current benefits programme is compliant and competitive, no matter where your employees are located. We help you navigate the heavy lifting involved in managing benefits while ensuring you get the right return  for your investment.
  5. Proven track record
    For over 75 years we’ve been providing benefits broking solutions to small and medium enterprises (SME s), larger enterprises and multinational corporations. Our experience allows us to offer benefits that meet the diverse needs of our clients.
Questions?

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Our friendly employee benefits consultants are on hand to help you. Simply tell us a bit more about yourself and a member of the team will be in touch. 
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FAQs

1. Health and Wellbeing Benefits

  • Private Medical Insurance. Many employees appreciate access to private healthcare. It can reduce waiting times for treatments and provide peace of mind.
  • Mental Health Support. Employee Assistance Programmes (EAPs) and mental health benefits are highly valued. Especially in today’s fast-paced work environment.

2. Pension Schemes

  • Employer Contributions. A robust pension scheme with competitive employer contributions is crucial for employees planning for retirement. It can also be a way for employers to potential reduce National Insurance contributions.  

3. Flexible Working Arrangements

  • Remote Work Options. The ability to work from home or have flexible hours is increasingly sought after. This allows employees to balance personal and professional commitments effectively.
  • Part-Time Work. Options for part-time roles or job sharing can be particularly appealing to those with family or other commitments.

4. Annual Leave and Holiday Benefits

  • Generous Holiday Allowances. Employees value companies that offer above-average holiday entitlements. This contributes to better work-life balance and overall job satisfaction.
  • Paid Time Off for Volunteering. Some employees appreciate the opportunity to take paid leave for volunteering. This reflects a commitment to social responsibility.

5. Professional Development Opportunities

  • Training and Development. Access to training programmes, workshops, and courses is highly valued. Employees seek to enhance their skills and advance their careers.
  • Tuition Reimbursement. Financial support for further education or professional qualifications can be a significant draw. This is especially true for prospective employees.

6. Family-Friendly Benefits

  • Parental and Adoption Leave. Enhanced maternity, paternity and adoption leave policies are important for employees starting or growing their families. 

7. Financial Benefits

  • Bonus Schemes. Performance-related bonuses and profit-sharing schemes can motivate employees and enhance job satisfaction.
  • Salary Sacrifice  (also known as Salary Exchange) Schemes. Options to sacrifice salary for company benefits such as cycle-to-work schemes or additional pension contributions are increasingly popular.  They also act as a way for employers to potentially reduce their National Insurance bill.

8. Lifestyle Benefits

  • Gym Memberships. Subsidised or free gym memberships and wellness programmes promote physical health and wellbeing.
  • Discounts and Perks. Employee discount schemes for retail, travel, and entertainment can enhance the overall employment package.

Employee benefits packages play a crucial role in enhancing staff retention and recruitment. They create a competitive advantage in the job market. Comprehensive benefits packages can significantly increase job satisfaction. For example, health insurance, pension schemes, flexible working arrangements, and wellness programmes. This, in turn, may enhance employee loyalty.
  1. Attracting Talent. Offering benefits such as life insurance, and generous holiday allowances can make your organisation more appealing to top talent.
  2. Employee Engagement. Benefits that promote work-life balance, for example flexible hours and remote working options, promote productivity, reduce turnover, and improve employees’ mental and physical health1.
  3. Job Satisfaction. Providing perks like professional development opportunities, childcare vouchers, and employee assistance programmes can enhance job satisfaction. This makes employees feel valued and supported.
  4. Company Culture. A good benefits package reflects a positive company culture. This can be a deciding factor for candidates when choosing an employer.
  5. Retaining Talent. In our experience, companies with robust employee benefits experience lower turnover rates. Employees are less likely to leave for competitors offering similar or better benefits.

The budget for employee benefits can vary widely depending on the size of the company, industry standards, and the specific benefits offered. However, a general guideline is:
  1. Percentage of Salary. On average it is estimated that 32% of a company’s salary cost goes towards employee benefits2. This includes pensions, health insurance benefits, and other perks. This lump sum investment is crucial for ensuring a comprehensive benefits package.
  2. Benchmarking. Conducting market research and benchmarking against competitors can help determine appropriate spending levels for employee benefits. This provides related insights that can inform your budgeting decisions.
  3. Flexible Benefits. Implementing a flexible benefits scheme allows employees to choose the benefits that best suit their needs. This can help manage costs while still providing value.
  4. Annual Review. Regularly reviewing and adjusting the benefits budget is essential for maintaining competitiveness. This should be based on employee feedback and changing market conditions . This process can be time-consuming, but it is vital for ensuring that your offerings remain relevant.
  5. Cost-Benefit Analysis. Conducting a cost-benefit analysis can help identify which benefits provide the most value. Specifically, those that are most valuable in terms of employee satisfaction and retention.
Unsure where to start?

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Our friendly employee benefits brokers are on hand help you. Simply tell us a bit more about yourself and a member of the team will be in touch. 
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Footnotes

1. https://hbr.org/2022/09/the-surprising-benefits-of-work-life-support

2. https://reba.global/resource/how-to-work-out-how-much-to-spend-on-employee-benefits-budget-strategy.html

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