News & Blog

Read the latest business news, blogs and thought leadership articles from our members, as well as updates on the Edinburgh Chamber of Commerce's work in the city.

News & Blog

Perfect storm driving employee benefits

Posted: 27th July 2023

Today many of Scotland’s fastest-growing businesses are prioritising employee benefits.

We think there’s a ‘perfect storm’ of reasons for this…

There are more skilled vacancies than candidates

  • If your culture, hours, and pay aren’t attracting enough of the right people, a well-designed benefits package could make the difference.

625,000 Scots are waiting for NHS diagnosis or treatment

  • Faster insured treatment boosts morale and massively reduces absence and sick pay costs. 1 The Times, 25 May 2023

Businesses are seeing an increased need for mental wellbeing support

  • These services are available free of charge when you link them to certain insured benefits.

Your competitors are upping their game

  • We can explain trends to help inform your decisions.

Private health and dental care, mental wellbeing support, income protection and life insurance are increasingly part of recruitment and appraisal conversations. Insured benefits that provide financial protection and faster access to healthcare are excellent value – investing in these has more impact than an equivalent pay rise, and the cost is tax deductible.

But if you’re not an experienced buyer the choices can be baffling – it’s easy to confuse terms & conditions or end up paying for services that are free when you link them correctly. Fulcrum is an independent expert in insurance design and procurement. Our experience and attention to detail takes the pressure off busy HR teams, enabling them to prioritise and reach informed decisions.

We can help you figure out what you need and arrange it for you at the best price. Talk to Fulcrum and feel more supported.

Business Comment

Business Comment is the Edinburgh Chamber of Commerce’s bi-monthly magazine. It provides insight on Edinburgh’s vibrant business community, with features on the city’s key sectors, interviews with leading figures and news on new business developments in the capital.
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