We now live in a world of the 4G workforce. This means we have four generations working together at the same time for the first time. Baby boomers, Generations X and Y (and now Gen Z).
Our employees are all different (it would be boring if they weren’t) so its not hard to conceive that the benefits that one generation views as important could be way down on the list of priorities of another. Baby Boomers could be far more concerned about their pensions and medical benefits whereas Generations X, Y and Z could see Life Assurance, Gym Membership or Childcare Vouchers as a higher priority.
Providing a Flexible Benefit scheme allows each and every one of your employees to choose the benefits that are right for them (and for their family) at the right time of their life. This will vastly improve their engagement with you, their employer, meaning a happy, healthy and appreciative workforce.
The range of benefits that can be included in a flexible benefits package are almost endless but the following are some of the more typical:
Bikes To Work
Cars by Salary Sacrifice
Health Cash Plans
High Street Discounts
Annual Leave Trading
and many more…
If you require any further information, please feel free to contact the Tavistock Employee Benefits Team.
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Tavistock Employee Benefits is a trading style of Tavistock Private Client. Tavistock Private Client Limited is authorised and regulated by the Financial Conduct Authority, FCA number 210782, and is a wholly owned subsidiary of Tavistock Investments Plc
Registered in England Registered Office: 1 Queen’s Square, Ascot Business Park, Lyndhurst Road, Ascot, Berkshire SL5 9FE. Company Number 04298592
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