A total of 59% of human resources and finance personnel are reluctant to offer flexible benefits, according to employee benefit and pension consultancy Xafinity Consulting.
Only 56% of companies provide flexible benefits although 95% believe they would suit their company. Around 45% of industry professionals say they would help to recruit, retain and motivate staff.
Those reluctant to offer flexible benefits cite complexity, cost and resources as the main barriers. Almost 20% cite a lack of resources as the single biggest factor against flexible benefits.
Pat Wynne, director of Xafinity Consulting, says: “Flexible Benefits are not only an integral part of the recruitment process, but they are also instrumental in attracting and retaining the best talent in the market.
"It is for this reason that Xafinity Consulting continues to champion the cause, while encouraging increased interaction and education within the industry as a whole.”
Xafinity Consulting has planned flexible benefit workshops for human resources and financial professionals in London, Leeds and Manchester in October and November.
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