UK SME Adoption of Employee Benefits 2018

UK SME Adoption of Employee Benefits 2018

Summary

"UK SME Adoption of Employee Benefits 2018", report highlights the opportunities that exist in offering employee benefits by sizing the number of SMEs in the UK. It looks at the penetration of employee benefits among SMEs and the factors affecting this. It explores how employee benefits are purchased, identifies the leading insurers, and highlights the importance of offering benefits in order to attract and retain employees. The report also discusses what prompts SMEs to take up various employee benefit products.

Employee benefits constitute a range of products provided to employees in addition to their normal salary. Their purpose is to increase the economic security and wellbeing of staff, and these benefits are pivotal in both attracting and retaining employees. Businesses that offer more employee benefits are considered to be more attractive to employees.

Scope

- Generation X and baby boomers - the older generations within the workforce - are more driven by financial benefits than younger demographics.
- For most product lines, 80-90% of the reason companies started offering a benefit was either driven by employee demand or by companies feeling they needed to offer it to attract and retain staff.
- Employee benefits are only sold via agents around 10% of the time.

Reasons to buy

- Understand the opportunity in cross-selling employee benefits alongside general insurance for SMEs.
- Adjust your strategy by discovering the most common employee benefits provided by UK SMEs and which providers lead the way in this space.
- Understand the current pressure on SMEs and how this may impact the sale of employee benefits.
- Be aware of how providers are innovating in the employee benefit space.

Executive Summary
What Do Employees Want?
SMEs and Employee Benefits
Analysis by Benefit
SME Adoption of Employee Benefits
Opportunities
SME Employee Benefits by Region
Appendix

UK Insurance Aggregators 2019

UK Insurance Aggregators 2019 market research report available in single user pdf license with Aarkstore Enterprise at USD 3450

USD 3450 View Report

UK Savings 2018: Review, Forecasts, and Future Opportunities

UK Savings 2018: Review, Forecasts, and Future OpportunitiesThe UK retail savings market has been characterized by low levels of competition and low returns for several years. However, both competition and

USD 3450 View Report

Global and Southeast Asia UK SME Insurance Industry, 2018 Market Research Report

The Global and Southeast Asia UK SME Insurance Industry, 2013-2023 Market Research Report is a professional and in-depth study on the current state of the global UK SME Insurance industry

USD 3000 View Report

UK SME Insurance: Distribution Dynamics 2018

UK SME Insurance: Distribution Dynamics UK SME Insurance: Distribution Dynamics 2018 , report looks at how SMEs buy insurance coverage and the reasons behind their purchasing decisions. It also examines the

USD 3450 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available