All employees are different. The benefits that one generation views as important could be further down on the list of priorities of another. Baby Boomers could be more concerned about pensions and medical benefits whereas Generations X, Y and Z could see Life Assurance, Gym Membership or Childcare Vouchers as a higher priority.
Providing a Flexible Benefit scheme allows your employees to choose the benefits that are right for them at the right time of their life. This will vastly improve their engagement with their employer, meaning a happy, healthy and appreciative workforce.
The range of benefits are almost endless but the following are some of the more typical options:
- Company Pension
- Childcare Vouchers
- Income Protection
- Gym Membership
- Bikes To Work
- Critical Illness
- Cars by Salary Sacrifice
- Medical Insurance
- Life Assurance
- Travel Insurance
- Health Cash Plans
- High Street Discounts
- Annual Leave Trading