HRreview Header

Computershare Voucher Services enters the employee benefits market

-

vouchersComputershare Voucher Services (CVS) has joined forces with Salary Exchange to enter the wider employee benefits market, with a great range of products designed to save employees money.

‘Computershare Salary Extras’ was created in response to employer repeatedly asking CVS for extra schemes to support their staff.

Demand has increased in the current challenging financial environment as employers look for cost-effective ways to reward their staff

CVS now leaps from being the UK’s largest childcare voucher provider to having nine products on a flexible easy to use system – able to cater for organisations of any size.

 

HRreview Logo

Get our essential daily HR news and updates.

This field is for validation purposes and should be left unchanged.
Weekday HR updates. Unsubscribe anytime.
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

 

CVS Managing Director Julian Foster said: “Customers have been asking us to take our proven expertise in employee benefits and extend it to other reward areas.

“It’s hard for almost any business to offer staff the sorts of pay rises they deserve in hard times like these and this is an efficient way to help solve that problem.”

The CVS website, call centre and UK-wide field sales network will offer the services and support from 1st March 2013

Employees with children need this, on average, nine times per year

• Bike Scheme
Staff save up to 42% through lower tax and NI

• Computer Scheme
Salary sacrifice savings of 20% on the latest hi-tech equipment

• Mobile Phone Scheme
Latest smartphones at discounts typically between 32% and 42%

• Holiday Extras
Staff pay for extra days from their gross salary over 12 months

• Lifestyle Benefits
Online platform for discounts up to 50%

• Teamclub
Pre-paid Mastercard© offering discounts at over 40 high street names

• Gym scheme
Access to corporate gym membership rates

Further products will be offered later this year.

The benefits range is completely modular, allowing employers to pick and choose exactly what they require with no unnecessary extras.

Julian added: “We asked Salary Exchange to build a system combining our brand, experience and service excellence with their great systems and track record to create a market leading proposition.

“Customer service is what we’re focused on. We’re proud that 100% of our vouchers go out on time, we answer phone and deal with queries quickly. That same ethos is going into these new products.”

CVS’ 13,000 client companies, with a total combined staff of two million will have first access to the new products.

Salary Exchange director Catherine Bennett said: “We are delighted to be working alongside CVS providing a wealth of additional benefits for their customers.

“A joined-up approach to offering all benefits from one branded platform is definitely the way the market is going, and this solution fits that perfectly.

“The Salary Extras approach has proven tremendously popular particularly in the current economic climate”

Latest news

Middle East air disruption leaves UK staff stranded as employers weigh pay and absence decisions

Employers face complex decisions on pay, leave and remote working as travel disruption leaves British staff stranded in the Middle East.

Govt launches gender pay gap and menopause action plans to help women ‘thrive at work’

Employers are encouraged to publish action plans to reduce pay disparities and support staff experiencing menopause under new government measures.

Call for stronger professional standards to rebuild trust in jobs

Professional bodies call for stronger standards and Chartered status to improve trust, accountability and consistency across roles.

Modulr partners with HiBob to streamline payroll payments

Partnership integrates payments automation into payroll workflows to reduce manual processing and improve pay day reliability.
- Advertisement -

Jake Young: Strong workplace connections are the foundation of good leadership

Effective leaders are, understandably, viewed as key to organisational success. Good leaders are felt to improve employee engagement, productivity and retention.

AI reshapes finance jobs as entry-level roles come under pressure

Employers prioritise digital skills over traditional accounting as AI reshapes finance roles and raises concerns over entry-level opportunities.

Must read

Gary Cattermole: Is it the end of the office romance?

Gary Cattermole discusses the issues that can arise as a result of workplace relationships and offers suggestions about how they can be effectively managed.

Clare Price: How Seasonal Affective Disorder can affect the workplace

Sometimes it’s the small things that make the greatest difference, says Clare Price.
- Advertisement -

You might also likeRELATED
Recommended to you