Flexible benefits in minority despite popularity

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 i...