UK employers ‘offering choice of benefits’

-

More employers are offering a choice of benefitsMore than four in ten UK employers now offer a choice to their employees of the benefits they can receive, new research has revealed.

According to the survey by Mercer, a quarter of managers not already doing this are now considering introducing such a scheme.

The research was carried out internationally on 1,700 organisations and it was found that UK businesses were the most likely to offer their workforce choice when it came to benefits.

In the UK, while 28 per cent of employers offer some form of flexibility, 14 per cent provide "considerable" flexibility.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Jeffrey Fox, a consultant in Mercer’s UK health and benefits business, said: "Clearly, there is a growing trend towards tailoring employee benefits to individual needs, rather than offering a standard package for all."

He added that this demonstrated that businesses were recognising that workers would value their benefits more if they are tailored towards their own personal circumstances.

Mr Fox went on to note that benefits were proving popular at a time when the economic turndown was causing companies to delay handing out pay increases or bonuses.

Ruth Spellman, chief executive of the Chartered Management Institute, recently stated that flexibility could help to boost productivity in the workplace, while also increasing retention of staff.

grad rec advert

Latest news

‘Job centre in your pocket’ plan raises questions over role of AI in employment support

The government's AI-powered employment assistant has sparked debate about how technology should support jobseekers while maintaining trust.

Employers urged to spot gambling harms during World Cup

Employers are being urged to watch for gambling-related harm at work as the 2026 World Cup brings weeks of daytime matches and betting activity.

Habits for health: small changes that lead to bigger gains

From walking meetings to better sleep routines, simple habits can improve health, wellbeing and performance across the workplace.

Jeanette Wheeler: The business case for purpose-led leadership

Public scrutiny on businesses and societal expectations are putting pressure on leaders to demonstrate that purpose runs deeper than profit.
- Advertisement -

Britain’s biggest retailers cut 18,000 jobs as employment costs rise

Rising wage bills and tax costs are prompting retailers to rethink hiring as they seek savings across their operations.

Georges Elhedery on AI and job losses

“We all know generative AI will destroy certain jobs and will create new jobs.”

Must read

Joanne Skilton: How a digital workplace can stop us working late

There is growing evidence that having to work unacceptably long hours is becoming the norm.  Joanne Skilton shares her thought on how a digital workplace can redress this.

Bernadette Daley: Quotas for women on boards

Figures from Boardwatch UK show that the rate of...
- Advertisement -

You might also likeRELATED
Recommended to you