Flexible Benefits

Feasibility Studies

Increasingly, employees expect flexibility in all aspects of their working life. Many organisations now recognise that offering a flexible benefits scheme as part of their reward programme is key to improving recruitment and retention.

However, despite the consensus that flexible benefits are a powerful business tool, how do you know whether your organisation is full prepared and ready to make the transition from rhetoric to reality?

The first step in answering this question is to conduct a feasibility study which will help build the business case for flexible benefits and identify the business benefits of implementing such an employee initiative. Ceridian has published a freely available whitepaper, entitled Flexible Benefits - Leveraging the Business Benefits, which highlights how you can build a convincing business case for the implementation of a flexible benefits scheme, focusing on the direct business benefits your organisation can realise.

Ceridian has extensive expertise in working with organisations to conduct feasibility studies that typically aim to:

Gauge the appetite of the employees for flexible benefits
Engage the key stakeholders and gain buy-in/opinion
Evaluate the risks, costs and benefits
Identify whether or not the scheme would be cost neutral

Evaluate the impact of flexible benefits on HR policies
Determine the possible high level design
Identify a draft implementation plan
Allow time for contingency building
Limit spend prior to full commitment of resources

Enquire online today to find out more about how Ceridian can work with you to conduct flexible benefits feasibility studies, formulate business case development, and implement employee communication strategies.