Flexible Benefits
- Improving Value
Over the last five years, the expansion of flexible benefits has grown rapidly and it has become a well-established reward strategy. Employers have increasingly recognised that enabling employees to shape their own reward package, helps to drive employee engagement and allows their business to derive better value from their reward spend.
Thomsons Online Benefits has established itself as the market leader in flexible benefits. We have successfully delivered over 200 flex projects, been consistently awarded for our work and are the largest independent company by both financial size and headcount. We offer the only truly global solution, combining consultancy, communication and technology. We work with a wide range of clients who want to implement flexible benefits for the first time, or who want to improve an existing flex arrangement.
We do not believe in a “one size fits all” flex strategy. We will formulate and deliver the right strategy aligned to your business, taking account of your evolving corporate and reward objectives, together with the profile and needs of your employees. Our unrivalled client experience in this area means that we have a wealth of data available to ensure that your strategy is market leading.
Once this strategy has been agreed, a project manager ensures that each stage of your flex implementation is carried out to your budget and timescales. However, the successful launch of your initial project is simply the start of your journey with us. We continue to work with you to evaluate and refine this strategy to ensure that you derive the maximum possible return-on-investment from your reward spend, what we call Intelligent Reward™.
In times of economic downturn, employee engagement is even more critical to a company’s success. A correctly aligned and communicated flexible benefits strategy will help you attract, retain and engage the right people by providing them with a package that fits their lifestyle, and enables them to make significant savings through salary sacrifice and company discounts.