5 Issues That Impact the Move to Flexible Benefits

In a rush to make millennial employees happy, a number of companies are making significant moves to allow these new workers to select their own benefits. Employees want to see a smorgasbord of health and financial benefits laid out and cherry-pick what best fits their lifestyle.

 

It sounds like a perfect solution for a generation that wants to chart its own course, but it’s not as simple as that.

 

Behind the move to give employees increased personal choices in benefit package lurks a growing entanglement of human resources issues.

 

Here are 5 things to be aware of if your firm decides to follow the trend towards offering a menu of benefits for each employee to customize to their liking:

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