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 wide 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.
EXCLUSIVE: It has grouped benefits information in one place.
Which will you enter to showcase your excellence?
EXCLUSIVE: Also launched an online benefits portal.
EXCLUSIVE: Staff will have access to the benefits in January.
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The latest trends in flexible benefits.
Flexible benefits are widely offered to employees more than once a year.
Social media is a useful tool.
Samsung uses its own technology to boost and enhance flexible benefits engagement
Bank BNP Paribas opens new flexible benefits windows when it runs related events.
Staffcare research: 35% now offer full flex up from 11% 10 years ago.
Thomsons Online Benefits research: Up from 78% in 2013.