As an employer, you need to deliver employee benefits in a way that is cost-effective, yet maximises employee appreciation of your benefits programme.
Increasingly, employers are turning to flexible benefits – employee benefit programmes that allow employees more choice over the benefits they receive by swapping, for example, salary for holiday, or pension contributions for higher private health cover – as a way to cost-control benefits management while offering a total reward package that resonates with employees.
Flex enables employers to increase employee engagement through the employee benefits programme – and the cost-efficient nature of flex means that some employers are even introducing it to off-set some of the costs of other benefit changes, such as auto-enrolment.
Aon Hewitt can work with you to assess the suitability of flexible benefits for your organisation, design a flex programme, review and select flexible benefits providers and put in place appropriate HR systems to support the administration of your flex scheme.
Whether you want a traditional employee benefits package, or a more innovative approach to benefits management – potentially including wealth management or other new benefits ideas – Aon Hewitt’s employee benefits consultants have a wealth of award-winning expertise on flex and would be happy to help.
To learn more about our services in this area, call +44(0) 800 279 5588 or email email@example.com
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