Pension
Bonus plan: your asset for appraisal
A bonus plan is a tax-efficient solution for both you and your staff members. The ideal alternative to a cash bonus. Find out more about the other benefits too.
Favourable tax treatment
Allocating (a portion of) a bonus to a group insurance plan is a more tax-efficient solution than a cash bonus, both for the employer and the employee.
Flexibility
Invest with or without a guaranteed return, with opportunities in Branch 21 and Branch 23.
Immediate benefit
Even before they reach retirement age, your staff can take out a cash advance to build, remodel or purchase a home.
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Bonus plan, a win-win solution for you and your staff
As an employer, you want to reward your staff for a job well done. A year-end or cash bonus is, of course, an option, but you are well aware that your staff members don’t actually pocket much once the taxman has taken his cut. With a bonus plan, the bonus is allocated to a group insurance plan, which entitles both you and your employees to favourable tax treatment.
Do you have a question?
Contact one of our sales managers