Package Structuring is the process whereby an employer structures the remuneration and benefits of its employees by offering them a selection of benefits determined by careful prior assessment and planning to align with internal policy and external legislative requirements.
The employment environment is fast changing, ever evolving and at times quite complex, our package structuring tools (“PST”) lends itself perfectly to this environment. The increased demand for real-time feedback, up to date statistics & flexibility to accommodate instantaneous policy changes is a perfect reason why you need a PST. It enables us to optimally structure your Total Rewards System from the ground up to be fully compliant, where tax is planned proactively and not a mere afterthought.
Our Package Structuring Tool offers dashboards and analytical functions which allow companies to analyse and examine trends in total rewards program designs such as workforce demographics, cost-to-company package structuring including benefit selections and succession planning, amongst many. Our tools enable proactive management and executive level decision making. It also provides a myriad of rich data availability to monitor internal trends and assists in legislative reporting.