Flexibility is at the heart of any good employee benefits platform. The degree of flexibility and personalisation will vary depending on the provider.
For example, if you have a health insurance plan you can set a qualifying period. i.e. an employee has to work for the company for 6 months before they can access it – and this can easily be set-up within the system so that it automatically kicks in once that time is reached.
A flexible benefits platform also enables you to set rewards or allowances according to your budget.
For instance, as a company you could set a fixed cash value for each employee – and they get to spend that allowance on the benefits which they want most on the platform. This could include, learning an development opportunities, gym memberships or even extra holiday entitlement.