More than just offering a salary....

For most businesses their workforce is their most important asset. Yet surprisingly few employers look at the way remuneration packages are structured as a means of retaining and motivating their people. Simply hiking up wages is usually not the best solution - from either the employees' or employers' point of view.

Effective remuneration packages can help reward both employee and employer by providing a higher net gain to the employee at an acceptable cost and increased loyalty to the business.

With the imminent changes to the way car benefits are to be calculated, provision of company cars is a classic example where some thought and planning can save both the employee and employer many pounds in tax.

But there are other ways with proven track records. Approved incentive schemes, share options, the new enterprise management incentive scheme and pension planning, if appropriate, can all be used.

To find out if your business and people would benefit from remuneration planning, please contact Bob Churchill, Head of Taxation, on 01622 213745 (email bob.churchill@dsh.co.uk.)