Are we moving away from paternalism in employee benefits?
Recruitment pressures, shifts in employee expectations and the sheer volume of products available mean benefits strategies are evolving. But, while the old paternalistic approach may be on its way out, employers must still be aware of their responsibilities when providing benefits. Rather than take the one-size-fits-all package, today’s employees want to be able to select benefits that are relevant to them. Carl Chapman, head of marketplace at Ben, says: “Anything other than choice and flexibility is archaic. The workforce is diverse:...
