Microsoft UK is reviewing its benefits to ensure that it is targeting funds to achieve maximum impact. The software giant, which operates a flexible benefits scheme, is also extending its benefits statements to include sales bonuses and shares as part of a global initiative.
Its benefits package ranges from an on-site dry cleaning service, DVD rental, photo processing and a wellbeing centre with massage chairs, through to standard benefits such as critical illness cover, life assurance and income protection.
Mary Giles, compensation and benefits manager, said: "We have so many things we offer employees. We have never taken a step back and asked how much we are investing and whether it is in the right areas."
The move comes at a time of legislative change with new rules on age discrimination which extend employers’ responsibilities around benefits and could result in increases in premiums for risk benefits. The review may end up affecting the way that some benefits are packaged.