We’re conducting a feasibility study on our current Employee Benefits scheme as we are looking to move to a Flexible Benefits scheme. Phase one is to look at what our current benefits are costing us, including calculating the admin costs for the HR team to answer queries, handle paperwork, liase with benefit providers etc. Has anybody undertaken this type of exercise before and is willing to pass on details of what factors to take in to account and the formalas to calculate the costs? Our current benefits package includes Pension plan, private medical insurance, Life Assurance and basics such as holiday, sick and family leave, car allowances. Please share what has worked for you.

…M. Norbury
Melanie Norbury

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