Britain trails US in flexible benefits

first_img Comments are closed. Britain trails US in flexible benefitsOn 8 Feb 2000 in Personnel Today Previous Article Next Article British business is lagging behind the United States when it comes tooffering employees flexible benefits packages.A survey found large and medium-sized companies in the UK are missing out bynot offering the packages to staff – even though experience in the US showsthem to be crucial in retaining staff.HR specialist Centrefile found just 11 per cent allowed employees to tailortheir remuneration package by choosing from a range of benefits.Only 15 per cent of the 200 companies surveyed planned to introduce policiesover the next two years. Centrefile managing director Bruce Thew said, “The type of benefitpackages companies offer are becoming ever more critical in attracting andretaining the best staff.”Yet the survey reveals relatively few organisations in the UK offerflexible benefits packages to supplement the traditional salary.”He added, “Corporate UK has not kept pace with the United States whereflexible benefits policies have become increasingly commonplace.” Related posts:No related photos.last_img read more