Mercer: Flex ben schemes reduce overall cost

A total of 55% of respondents believed that setting up a flexible benefits scheme would actually increase their costs. Yet 39% of those with flex schemes said their benefit costs were lower than they would have been without a flex scheme, while 45% said their costs had been unaffected. However, only 11% of respondents said the most important reason for introducing flexible benefits was to reduce or control the company's contribution to benefit costs. John Puddephatt, senior consultant at Mercer, commented: "From this research, and evidence from our own client work, we believe flex sh...