Almost two thirds of organisations now offer their employees flexible benefits, a new report reveals.
The survey by consultancy Hewitt Associates shows an increase in the popularity of flexible benefits and salary sacrifice schemes. Half of UK firms offered flexible packages last year.
Martha How, reward consulting team leader at Hewitt Associates, said: “Flexible benefits schemes remain one of the best ways for employers to attract and retain talent. They provide employees with the freedom to choose how they receive their benefits – enabling them to tailor a package to suit their lifestyle.
“Many organisations are finding that salary sacrifice schemes offer a smooth and relatively quick route into flexible benefits, while offering short-term cost savings for both the employer and employees.”