Define
your objectives for employee benefits, and agree
whether all employees will be provided with similar
benefits or whether there will be variations for
some categories of employee (such as directors).
Establish
the basis of the benefits you wish to provide
and for whom.
Agree
your company's budget for employee benefits -
this will normally be a percentage of payroll,
so that future increases are built in from the
start.
Consider
replacing historic fixed arrangements with more
flexible plans.
Ensure
that all employees have a source of information
and adequate access to advice covering the benefit
schemes.
