Flexible benefits

Editor's message: Flexible benefits packages give employees a choice over which benefits, from a wider selection, they wish to receive. Giving them the ability to choose the benefits that are most relevant to their situation and lifestyle can be a powerful attraction and retention tool, help increase employees' perceived value of the benefit package and boost engagement. Having a flexible benefits scheme also means that the employer avoids providing benefits that employees do not value.

Employers will find that implementing a full flexible benefits programme generally requires careful design and planning, negotiation of supplier contracts and the selection of suitable software to support the administration, as well as meeting the associated costs. As an alternative, organisations may offer some flexibility in their benefits package, rather than a full flexible benefits programme in which employees are free to select, amend or alter all of their benefits.

New and updated

Date:

11 July 2023

Type:

Survey analysis

XpertHR benefits and allowances survey 2023: Strategy and delivery

XpertHR looks at the changing strategic focus for employee benefits packages, noting which are the most popular and how organisations involve employees in their benefits' choices.
Date:

7 July 2022

Type:

Survey analysis

XpertHR benefits and allowances survey 2022: Benefits strategy and delivery

In the current tight labour market, a compelling benefits package can give an organisation the edge over competitors, helping to recruit and retain talent. XpertHR research looks at the most popular benefits and how they are delivered, benefits strategies and whether employees are involved in the choice of benefits offered.
Date:

22 July 2021

Type:

Survey analysis

XpertHR benefits and allowances survey 2021: benefits strategy and delivery

A strong benefits package can set an organisation apart from the competition, helping it to attract new talent and retain existing employees. We look at some of the most common benefits in use, discover any changes made in response to the coronavirus (COVID-19) pandemic and ask employers about their main strategic focus for the next 12 months.
Type:

Survey analysis

XpertHR benefits and allowances survey 2020: Overview

Employers routinely offer their employees a varied range of benefits and allowances to boost salaries. We look at some of the most common benefits in use and also ask about any changes made to the offering in response to the coronavirus (COVID-19) pandemic.
Date:

16 December 2019

Type:

Case studies

How OVO Energy launched a workplace ISA to help its employees get on the housing ladder

OVO Energy talks to XpertHR about its approach to financial wellbeing and how it is helping its young workforce to save the money they need to buy their first house.
Type:

Survey analysis

XpertHR benefits and allowances survey 2019: Overview

Benefits packages have an important role to play in an organisation's recruitment and retention strategy, particularly as the labour market remains tight. Our research examines the types of benefits and allowances offered.
Type:

How to

How to introduce and manage a flexible benefits scheme

Updated to take account of the General Data Protection Regulation, in force from 25 May 2018.
Type:

Tasks

Benchmark your organisation's flexible benefits provision against that of other employers
Type:

Tasks

Introduce, manage and review a flexible benefits scheme

About this topic

HR and legal information and guidance relating to flexible benefits.