Over a third of businesses believe flexible benefits play an important role in recruiting and retaining staff.
A survey by Hewitt Associates has revealed a growth in the number companies which think the biggest advantage of providing a flex plan is its role in attracting new employees.
Cathy O’Bright, a Hewitt consultant, said, “In 2,000 the talent war became more than just a catch phrase, for many companies it was their biggest business issue and seriously endangered their ability to compete effectively.
“Flex plans are very appealing in that environment as they allow you to develop creative, attractive packages that can be quite heavily tailored to your target recruits – while still controlling the cost.”
By Ben Willmott