What does a bowl of fruit in the office, gym membership, health insurance, and KiwiSaver have in common? They are all forms of employee benefits.

Employers would expect a ROI (return on investment) for introducing any employee benefit, so why should KiwiSaver be any different?

The main reason for introducing an employee benefit is for staff attraction and retention purposes. From a KiwiSaver point of view, it may well be because the employer has to introduce it as opposed to wants to. Employers have a legal obligation to pay for KiwiSaver, but few have thought about it in terms of a ROI.

Having a preferred KiwiSaver provider arrangement that has an employer focus may help you unleash some of the benefits available to attain a positive ROI without necessarily incurring an additional cost.

It is pleasing to note that an employer does not incur any liability when selecting an employer-chosen scheme. It is equally pleasing to note that this selection does not affect or decrease employee choice.

There are some providers out there that may help reduce the potential risk and cost to an organisation by assisting with all KiwiSaver matters. In return is the hope that some of your employees may choose them as their KiwiSaver provider.