Pension, health and protection benefits chosen by our experts, in one package built for businesses with up to 50 employees. Pick one, some or all. Add Flexcel Elements, our employee benefits platform, and the more benefits you include, the less you pay for the platform.
Employee benefits for SMEs,
made simple
What is Elements+?
Elements+ is a ready-made set of employee benefits for SMEs with up to 50 employees. We’ve reviewed the market and selected high-quality pension, health and protection products from leading providers, on competitive terms, to take the hassle out of choosing a benefit provider.
STEP 1
Choose your benefits
Take one, some or all. Start small and add more as you grow.
STEP 2
Manage them in one place
Our Flexcel Elements platform puts every benefit in one place, so your people can see what they have and use it. It’s optional, but it makes your benefits easier to communicate.
STEP 3
Pay less as you add more
Each Elements+ benefit you add reduces the cost of the Flexcel Elements platform.
How can SMEs offer more benefits without more admin?
Most SMEs don’t have an HR team to manage benefits. Elements+ is designed so you don’t need one.
We do the groundwork. Our experts have already compared the market and chosen the products, so there are no lengthy tenders.
We set it up with you. A named Broadstone specialist guides you through setup and supports you after launch, helping you implement your chosen benefits smoothly and with minimal disruption.
One place for everything. Flexcel Elements keeps benefits information and communications in one place, so you spend less time answering questions and your people get more from what you provide.
Why are employee benefits important for SMEs?
A pension is now the minimum.
To hire and keep good people, SMEs need to offer the kind of support employees expect from bigger employers.
Compete for talent
Good benefits help you attract people who might otherwise choose a larger employer.
Look after your people
Health and protection cover supports employees and their families when they need it most, and helps them get back to work sooner.
Reward employees beyond salary
Benefits can help you create a more attractive reward package without relying solely on pay increases.
Make sure your benefits are noticed
Benefits only pay off if employees know about them. With everything in one place, your people can see the full value of what you provide.
What employee benefits should SMEs offer?
Most SMEs start with a pension, then add health and protection. Elements+ covers all of these. Choose the benefits that suit your business and budget.
With Elements+, group life insurance, group income protection and group critical illness include digital health and wellbeing support for your whole workforce, not just insured employees.
Group life insurance
A tax-efficient lump sum paid to an employee’s family if they die while employed. Enhanced free cover limits can reduce the need for employee medical underwriting.
Group income protection
Replaces part of an employee’s income if they can’t work because of long-term illness or injury, with rehabilitation support to help them return. Enhanced free cover limits can reduce the need for employee medical underwriting.
Group critical illness
Pays employees a tax-free lump sum if they’re diagnosed with a serious illness covered by the policy, such as cancer, a heart attack or a stroke. Includes practical support, from specialist nurses to second medical opinions.
Workplace pension
A market-reviewed workplace pension designed to keep charges low, with support to help employees understand and engage with their savings.
Private medical insurance
Provides employees with fast access to private healthcare for eligible medical conditions, with cover available for specialist consultants, diagnostic tests, hospital care and treatment of cancer. Includes complementary Dental and Optical cash-back benefits.
Benefits platform
Manage and communicate your benefits in one place with Flexcel Elements. Employees can easily view and access all their benefits, and you can add existing benefits too. The more Elements+ benefits you add, the less the platform costs.
Terms, eligibility criteria and benefit limits apply to all Elements+ benefits.
Protect your business, not just your people
Losing an owner or key employee can put an SME at risk. Business protection sits outside Elements+, but our specialists can help you put the right cover in place.
Key person insurance
Protects the business if someone it relies on dies or becomes seriously ill.
Shareholder protection
Helps remaining owners buy a shareholder’s stake if they die or become seriously ill.
Relevant life cover
Tax-efficient life cover for directors and employees, paid for by the business.
Business loan protection
Helps repay business loans and other financial liabilities if a key person dies or suffers a serious illness.
Ready to get started?
Complete the form and we’ll be in touch to discuss your requirements and provide quotations for the benefits and services you select.
FAQs
Elements+ is a ready-made employee benefits solution for SMEs with up to 50 employees. Choose from a workplace pension, private medical insurance, group life, group income protection, group critical illness cover and the Flexcel Elements benefits platform. Take one, some or all, depending on your business needs.
No. You can choose one, several or all of them. The more Elements+ benefits you take, the lower your Flexcel Elements platform cost.
No. You can choose any Elements+ benefit or the Flexcel Elements platform on its own. Flexcel Elements helps you manage and communicate benefits in one place, and costs less when you add Elements+ benefits.
The cost of each benefit depends on the profile of your workforce and the level of cover you choose. The cost of your PMI and Protection benefits will also reflect factors such as whether or not you already have these benefits in place, and the current health status of your workforce. Get in touch for exact pricing.
Setup times depend on the elements you choose. Some benefits can be up and running within days if we have all the information we need. If you choose the Flexcel Elements platform, this is typically live within 6 to 8 weeks once your employee data is ready. We’ll agree implementation timescales for each element with you from the outset.
Yes. You can keep your existing benefits and add any Elements+ benefits that suit your business. If you choose Flexcel Elements, you can manage and communicate both existing and new benefits in one place.
We work with you to review your arrangements and identify opportunities to improve value, enhance cover or make changes as your business needs evolve.