Flexible Benefits

Many companies have either introduced flexible benefits or are contemplating introducing a scheme in the future.

With the additional choices that a flexible benefit system offers, comes the additional burden of selection. Typical questions that come to mind for the employee are:

• If my core death-in-service benefit is 2X salary, how do I decide on increasing to 3X or 4X salary?
• My core PHI benefit offers 50% of basic salary. Should I top up to 66%?
• There is the offer of critical illness cover for my spouse. Should I take it?
• Is the rate for additional life cover competitive relative to what I can get elsewhere?
• Can I afford to surrender cash for extra holiday?

These are not questions that an HR Department would like to answer but are typical reactions from employees to flex choices.

For each of our clients we devise bespoke solutions to suit your individual needs and budget, which are based upon our core services.