‘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.
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%
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”