Editor's message: Organisations may offer some flexibility in their benefits package, but it is quite rare to offer a full flexible benefits programme in which employees are free to select, amend or alter all their benefits.
Flexible benefits can help increase the employees' perceived value of the benefit package and boost engagement. With a “flex” programme, employees can choose benefits that are most relevant to their situation and lifestyle.
Sheila Attwood, managing editor, pay and HR practice
In a time of low pay awards, employers can really enhance their reward offering through the benefits package they offer. Our research investigates the use of around 40 different benefits.
Giving employees a choice of benefits, and delivering them in the most cost-efficient manner, are key themes emerging from this year's survey of employers' benefits and allowances packages.
Definition from the XpertHR glossary.
Practical guidance on how to introduce a flexible benefits scheme as part of the organisation's reward strategy.
Energy services company Senergy has reshaped its rewards programme, putting greater emphasis on linking business objectives to employee benefits.
Insurance group Aviva has a strong commitment to corporate responsibility (CR), and uses a range of reward initiatives to encourage and enable employees to play their part in putting it into practice.
Subsea 7's flexible benefits scheme and its employee share purchase plan have helped boost employee engagement, recruitment and retention.
HR and legal information and guidance relating to flexible benefits.