Flexible benefits
Flexible benefits schemes enable employers to allow staff to select the benefits that suit them. Known as cafeteria benefits in the USA flex is seen as a popular way to integrate benefits packages during mergers and acquisitions and at other times of company change. Flexible benefits schemes can include a wise range of options for staff to select from, including tax-efficient benefits such as childcare vouchers and mobile phones or salary sacrifice pensions contributions. The growth of technology means more providers and consultants in the market have reduced costs and bespoke flexible benefits plans have become increasingly popular as a means of offering more tailored employee choice.
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News
EXCLUSIVE: KPMG adds extended holiday purchase and iPad2s to flexible benefits
The firm has extended its holiday-buy entitlement to provide staff with additional days off during the Olympics, added access to an iPad2, and lowered its CO2 emissions with a salary sacrifice car scheme.
06 Feb EXCLUSIVE: The Body Shop splits flexible benefits into three
06 Feb EXCLUSIVE: Freshfields saves tax and NI through salary sacrifice
03 Feb DTZ increases take-up with the relaunch of flexible benefits
16 Jan CIPP research: Majority of respondents offer flexible benefits
07 Dec Coloplast introduces flexible benefits scheme for staff
Analysis
Flexible benefits: Know your audience
There is a lot of groundwork to do to ensure a flex plan gives staff what they really want, says Jennifer Paterson
06 Feb Employer profile: 3663
28 Nov Multiple enrolment windows for flexible benefits
30 Aug Employee Benefits/Towers Watson Flexible Benefits Supplement 2011
30 Aug Flexible benefits: Booking a ticket for first-class service
Case Studies
Case study: Pub group staff show character
When Punch Taverns launched a flexible benefits plan in January, it did not want a scheme with one-sizefits-all approach.
06 Feb Employer profile: 3663
30 Aug Case study: D Young focuses on staff choices
Research
Canada Life research: Employees want to customise their own benefits packages
Employees would like to pick and choose their own benefits, according to new research by Canada Life Group Insurance.
16 Jan CIPP research: Majority of respondents offer flexible benefits
30 Mar Thomsons Online Benefits research: Employers are keen to offer flexible benefits to staff
07 Mar Employee Benefits/Towers Watson Flexible Benefits Research 2011
07 Mar Employee Benefits/Towers Watson Flexible Benefits Research 2011: Key findings
Sponsor's Articles
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15 Jan Benefex White Paper: Vital Statistics: How employee demographics affect benefit design?
