Editor's message: Employers routinely offer their employees a varied selection of benefits to augment salaries. In the current tight labour market, benefits will also form a key part of your organisation's recruitment and retention strategy, and it will be worth checking what your competitors are doing to see if you need to offer a wider benefits package in order to attract and retain the staff you need.
Advances in benefits delivery - largely through the use of flex and voluntary benefits packages, and salary-sacrifice arrangements - have led to many employers offering employees a choice of benefits. As more emphasis is placed on employee choice - and employees come to expect this - we can expect the use of such arrangements to increase.
However, employers still need to keep a lid on their benefits spend. You may also be minded to check that employees are fully aware of, and take advantage of, the benefits your organisation offers in order to ensure you get the most value from your benefits spend.
Sarah McCarthy, HR practice editor
Updated to reflect that the Tax-free Childcare scheme is extended to eligible parents of children under 12, from 14 February 2018.
Employee experience has become a watchword for employers looking to recruit and retain the best staff and avoid high turnover. But they need to do more than offer juice bars and gym memberships, according to Jack Curzon of Thomson Online Benefits.
The number of organisations with a designated fund for health and wellbeing benefits has risen by a quarter, following a marked increase in stress and other mental health conditions.
Employees' expectations of how their employer will support their physical and mental health are growing. Sheldon Kenton from Bupa considers how employers can ensure they're offering the right mix of health benefits to their globally mobile workforce.
Updated to include the new car benefit charge and car fuel benefit charge rates in force from 6 April 2018.
Here, we look at the findings from the XpertHR survey of benefits and allowances, presenting data on the availability of a number of benefits including long-service awards, childcare and travel benefits, location payments, volunteer days and various allowances.
HR and legal information and guidance relating to benefits.