Our survey was carried out in January 2010, with analysis based on 354 responses from Employee Benefits’ readers and users of www.employeebenefits.co.uk

Key Findings

  • 55% of respondents believe their flex scheme has been effective at reducing/containing the cost of reward.
  • 31% do not give staff a flex pot to spend, but enable them to trade benefits up or down, making this the most popular way of structuring flex.
  • 42% have reviewed providers to get a better deal as a response to the recession.
  • 41% will come under pressure to introduce tax/NIefficient perks in the coming year.
  • 11% of employers that offer tax-efficient perks through flex use the savings to fund other business initiatives – up from 3% last year.
  • 13% operate a flex scheme internationally, with 60% of these doing so in North America.
  • 97% offer childcare vouchers through flex, making this the most commonly included option.
  • 62% actively measure the success of their flexible benefits scheme.

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    More articles on: Employee Benefits/Towers Watson Flexible Benefits Research 2010

    Debbie Lovewell-Tuck is a business journalist with 20 years’ experience specialising in pay, reward and HR. She joined Employee Benefits as a reporter in 2003, before becoming editor in 2015. Debbie is also responsible for editorial content across Employee’ Benefits events, including Employee Benefits Live and the Employee Benefits Awards, as well as hosting Employee Benefits’ webinars.View full profile

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