The survey, carried out in January 2011, is based on 379 responses from Employee Benefits' readers and users of www.employeebenefits.co.uk
KEY FINDINGS
38% see flexible benefits schemes being integrated into wider reward platforms in the future
36% will consider introducing salary sacrifice around pensions within flexible benefits as a result of the incoming 2012 pension reforms
67% will not use flex to mitigate the high-earner’s tax changes
64% find flex schemes to be effective in making the most of tax and national insurance breaks
90% of respondents offer benefits with tax and/or NI breaks via flex
46% have not changed tax-efficient benefits within flex in the wake of government changes to such perks
97% offer childcare vouchers through flexible benefits
67% say the cost of implementation is the biggest barrier to offering flex
71% of employers offering a flexible benefits scheme measure the success of their scheme
31% of employers do not know how much it costs to run their flexible benefits scheme
55% allow employees to trade down cover on specific benefits within flexible benefits
†
†
†
Read more from Employee Benefits/Towers Watson Flexible Benefits Research 2011
