A new chapter begins
Elect: Employee Benefits for Small and Medium Enterprises (SMEs)
Value, Choice, and Expertise for Your Team
At Mercer Marsh Benefits (MMB), we understand the unique challenges that smaller businesses face when it comes to employee benefits. Elect, along with our UK-based small business experts, is dedicated to supporting employers with one to 250 employees.
We know you need to compete with larger companies for talent while keeping a close eye on your budget. Your employees want benefits that fit their lifestyles and aspirations.
That’s why we created Elect. It’s a complete suite of benefits solutions, including private medical insurance, pensions, and group life assurance, designed to help you get more value with less effort, enabling your business to grow.
With MMB’s expert support for SMEs, Elect empowers you to make informed decisions and optimise your employee benefits programme.
Get Started with Elect Today
Elect by Mercer Marsh Benefits
A comprehensive employee benefits package
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Elect for More ValueWe have the connections to negotiate great deals, both globally and locally. This means even the smallest businesses can access pricing and terms usually reserved for larger companies. You can rest easy knowing your costs are controlled while your employees enjoy exceptional benefits that help them stay healthy and perform at their best.
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Elect for More ChoiceElect provides your employees with the benefits they need to thrive. We collaborate with insurers and partners to create packages that include innovative solutions, from virtual GPs and health screenings to benefits platforms and enhancements to traditional offerings like health insurance.
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Elect for Competitive AdvantageAs an SME owner, you have many tasks to juggle, leaving little time to focus on employee benefits. However, attracting the right talent means staying ahead of the competition. Elect’s user-friendly tools and processes simplify plan management, reducing the burden of reporting, administration, and claims. This gives you more time to develop the benefits package your employees truly need.
People and Risk Connect
It’s Just the Start
Our MMB relationship managers are here to help you explore the full potential of Elect and our other employee benefits options tailored for SMEs.
As your business grows, we can help you remain competitive in the market with the right benefits, benchmarking insights, and carefully negotiated insurance premiums to elevate your offerings.
Elect’s Well-Being Framework –From innovative digital health solutions to affordable annual private medical insurance, well-being is at the heart of Elect’s employee benefits package. We do the hard work to give you a competitive edge and help keep your employees healthy and productive.
Keep Costs Under Control – We negotiate some of the best deals with our insurers and suppliers, so you can be confident that Elect delivers exceptional value.
Protect Your Employees –Elect’s Group Income Protection allows even the smallest businesses to safeguard their employees if they can’t work due to illness or injury. We offer exclusive benefits, streamlined administration, and preferential terms to maximise your value.
Elect Workplace Pension – Simple and compliant with UK auto-enrolment requirements, the Elect workplace pension is a core part of any employee benefits offering. Our MMB experts can help ensure your employees have the tools and choices they need to help build a secure retirement while they work with you.
Help Employees Continue Cover – While benefits such as Elect help to retain talented employees, there will inevitably times when individuals choose to leave the workplace, such as retirement. But that doesn’t mean they have to go without important healthcare benefits such as Private Medical Insurance (PMI). MMB’s consumer PMI service takes the time and frustration out of searching for an appropriate personal medical insurance product, without hidden fees.
Looking after Leavers – As the workforce evolves, ‘off-boarding’ (i.e. giving leavers a positive impression of their former employer) will become more important, and enhance a company’s reputation. Effective communications that show employees what will happen to their healthcare benefits (such as PMI) when their employment ends, and how they can retain or transfer cover, especially for pre-existing conditions, are essential.
Your trusted adviser
Relationship management is at the heart of Elect and our advisers know there is no one-size-fits-all package. Your relationship manager will help you create a made-to-order employee benefits programme that:
- Is cost-effective for your organisation
- Underpins your company culture
- Enhances morale and advocacy
- Helps create a working environment based on trust and engagement.
Elect’s relationship managers act as an outsourced HR department. They’ll set up your business benefits and make sure your people know what’s on offer through communications support, webinars and even benefits event days.
Our bespoke solutions
Group Income Protection is a great employee benefit that covers the costs of long-term sickness and injury absence. With Elect, you get exclusive benefits including preferential underwriting, discounted rates and simplified administration. We help you choose the right policy based on your needs and budget. We negotiate rates with leading income protection providers, so you and your people get a great policy at a competitive price. Cover your costs in the event of long-term staff absence, such as:
- An income for your people if they can't work due to sickness or injury
- Cover Statutory Sick Pay costs
- Benefit from our best-negotiated rates
At its core are three core elements:
- The pension itself. Using our experience and expertise, we have undertaken a review of the market before selecting Aviva as the provider of the Elect Workplace Pension. This means you have the peace of mind that your company pension meets all the regulatory requirements and makes you compliant with your legal obligations.
- A default investment strategy from the Mercer SmartPath™ investment solution. Get the advantage of our specialisation in investment strategy and portfolio construction with the Mercer SmartPath™ default fun. Members benefit from an investment strategy that allows them to access their retirement income in the way they want to.
- The Elect Workplace Pension also provides you with a range of optional extra services to help you engage and support your people in getting the most from your pension. These services, tools and resources mean you can tailor your Elect Workplace Pension to meet your budget and the specific needs of you and your employees.
We acknowledge that there are potential conflicts of interest in recommending an investment solution for which other parts of our business will be remunerated. As such, we recommend you read the important information here for details on how we manage these and more information on the default investment strategy in general.
Dental insurance is a great employee benefit that can cover the costs of dental treatments. Elect’s Dental Plans offer cover on the NHS and private practices for routine and major restorative treatments. The cover is valid with all dental practices in the UK and there is no pre-joining exam. With Elect, you also get exclusive rates with some of UK’s leading providers, Cigna and Bupa.
Offering a comprehensive dental plan for your staff is a valued benefit that can take away costly dental charges such as routine and emergency treatments and can prevent problems in the future and time spent off work.
We have negotiated a bespoke offering with leading Private Medical Insurance (PMI) providers and can help you choose the right level of coverage according to your budget and needs. With Elect, you get exclusive business health insurance with benefits such as health screening, dental, optical and prescription, at no additional cost. We also offer exclusive pricing and simple underwriting terms that avoid the requirement of signing a group declaration of health, making switching to an Elect plan simple.
Already have Private Health Insurance? We’re happy to review that for free, and some of our providers will even agree to beat your renewal price too.
Help to skip NHS waiting lists and get your people healthy and back to work. Take care of your employees and cover the cost of private treatment, and benefit from our competitive rates, negotiated with trusted insurers.
We can help your people cover the costs for unexpected treatment should they be diagnosed with a critical illness such as stroke, eligible cancers or another condition from a pre-determined list of illness.
Critical Illness Insurance is a highly valued employee benefit that can provide financial support to you or your staff through a difficult time. Cover can be provided for some of the most common conditions or can be extended to cover a more comprehensive list of conditions. The aim is to ease any financial implications these conditions may have on your employee’s life.
We have conducted a tender of the whole market and have chosen our selected critical illness providers - Unum, Canada Life and L&G. These insurers are providing Elect with exclusive and enhanced terms, conditions, pricing and added-value benefits, which provides your people with a bespoke policy at a competitive price.
We help you get the right Business and Leisure Travel Insurance, allowing you and your staff to concentrate on the job. Cover includes travel arrangements, medical, legal or personal emergencies.
Business and leisure travel insurance is a valuable coverage for companies with staff who travel frequently. Delayed or cancelled flights can mean your employees don’t get to where they need to be – this could mean lost time and money for your business. It is the employer’s responsibility to look after employees who are travelling for work and should they get ill or injured whilst on a job, business travel insurance covers travel, medical and legal costs as well as personal emergencies.
Think you need a business and leisure travel insurance? We help you choose the right policy based on your needs and budget. We have negotiated rates with a leading travel insurance provider so you and your people get a great policy at a competitive price. Cover even includes leisure trips and eligible winter sports.
Should the worst happen, and an employee dies, Group Life Assurance pays out a tax-free lump sum to their loved ones. This benefit would need to be paid via an appropriate Trust and the scheme registered with His Majesty’s Revenue and Customs (HMRC).
Employee Life Insurance is a highly valued employee benefit that shows you care - and it can increase your attractiveness as an employer. With Elect, you get negotiated rates, discounts on premiums and stability in pricing with a 3-year rate guarantee.
Our experts will guide you through the different options to match your requirements and budget. Attract and retain people with Group Life Assurance, a highly valued employee benefit.
A health cash plan is a cost-effective way of providing healthcare for your employees. Unlike insurance policies that cover unforeseen and unpredictable events, health cash plans help cover the cost of routine healthcare such as dental, optical, physiotherapy costs and more. It also covers specialist and consultation fees.
Speak to a GP over the phone 24/7, including a private prescription medication delivery service.
A new wellbeing benefits entitlement that covers treatments like sports massage, reiki and hypnotherapy that helps employees feel good about themselves.
An unlimited number of children can be added to an employee’s plan, sharing annual limits between them. And there’s no age restriction on child cover. Employees can also cover their partner and up to four adult dependents, with no age restrictions for either.
Preferred providers
