Flexible Benefits
Understanding Flexible Benefits
Flexible benefit plans let employees choose from a range of pre-approved benefit options as part of a total rewards package. By supporting individual health and wellbeing needs, flexible plans can improve employees’ appreciation and utilisation of benefits. They can also help to manage costs, by reducing over-spend on benefits that employees don’t value.
Why are Flexible Benefits Important?
Understanding and adapting benefits to suit evolving expectations is essential for maintaining a healthy, inclusive, engaged and productive workforce. When it comes to attracting and retaining top talent, flexible benefits can also be a key differentiator, especially when benefits are delivered via a digital platform that provides a streamlined, tailored employee experience that makes it easy to access the right support when it’s needed.
Advantages of Flexible Benefits
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Drive Employee Engagement
Flexible benefit plans empower employees to choose the benefits that matter most to them, leading to increased satisfaction and productivity.
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Improve Wellbeing
By providing options that cater to individual health and wellbeing needs, flexible benefit programs can contribute to better overall health outcomes.
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Attract and Retain Talent
Offering a diverse range of benefits can help your organisation bring its values to life and stand out in a competitive job market, so you can attract and retain top talent.
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Optimise Value from Benefits Investment
Customised benefits ensure efficient resource allocation and can maximise return on investment from employee benefits.
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Drive Culture Change
Flexible benefits can help your organisation demonstrate and reinforce a caring and inclusive culture, creating a positive work environment.
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Ensure Compliance
Flexible benefit plans can be structured to meet a wide range of legal and regulatory requirements.
63%
of employees would be willing to sacrifice existing benefits for a better choice of benefits.
Source: Aon's 2025 Employee Sentiment Study
How Aon can Help
We combine decades of global and industry experience with innovative technology to design and implement flexible employee benefit solutions for organisations. Our consultants work closely with our clients to assess workforce needs and ensure benefit programs are supporting organisational goals. Our approach simplifies administration, drives employee engagement, reinforces workplace culture and uses data-driven insights and analytics to help organisations achieve better health and financial outcomes.
