Flexible benefits allowances
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What are Flexible benefits allowances?
Flexible allowances are a type of benefit that you can give to employees so they can choose whatever benefits work for them.
You can let your team choose the benefits they truly want, no matter where they are in the world, with the Ben Mastercard & benefits Marketplace.
So, if Jane in Finance wants to get a Netflix subscription, but Peter in Marketing wants piano lessons — they can both use their flexible allowances.
Why should you offer flexible benefits allowances?
One size doesn't fit all when it comes to benefits. Here's how flexible benefits allowances can benefit you & your team.
Benefits to your employees:
- Employees get to choose what works best for them and that they actually want
- Improved job satisfaction
- Increased flexibility
Benefits to you:
- Improved employee satisfaction and engagement
- No more wasting resources on unused employee benefits
- Attract & retain better talent with benefits employees actually want
Why offer flexible benefits allowances through Ben?
Ben makes offering flexible allowances easy. You start by working with a benefits consultant to help you determine an appropriate allowance amount and any restrictions you want to implement, including only being spendable on certain retail categories.
Employees are then given a virtual or physical card that they can use to buy anything that makes them happy! Receipts are uploaded straight to Ben, and with our consolidated reporting you can easily track usage and balances across your team.
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Similar benefits
Ben is easily the most engaged initiative we’ve ever had. It gets everything to everyone in different locations, and I can’t even tell you how much time it’s saved us.
