Equiniti Group has added two company car schemes and an insurance discount scheme to its flexible benefits package.
The new benefits, which will launch on 1 January 2012, include: a car-leasing scheme provided by ALD Automotive; a discounted car-purchasing scheme provided by Lloyds Bank; and the Open Door scheme from mortgage broker John Charcol, which allows staff to get discounts on items such as car and home insurance, and financial advice on buying these products.
The ‘Your Choices’ flex scheme was communicated through roadshows around the UK in November, with providers speaking to staff about the new benefits. The scheme will also be promoted through a paper brochure distributed to all staff.
Clancy Murphy, group HR director at Equiniti Group, said: “The brochure includes comparisons with high-street prices so we are really helping employees make a reasoned decision on whether they buy through flex or not.”
The scheme, which is administered in-house, provides staff with a cash allowance from which they can make purchases from a range of 28 benefits.
Equinity Group harmonised its flexible benefits offering in November, four years after the merger of its Equinity and Xafinity businesses.
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