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17. Juli 2024

Should employees have a say in the design of their benefits?

Also available in:German

It's just as absurd for companies to decide unilaterally what benefits are best for their employees. As one HelloBonnie client aptly put it, "I don't tell my employees what to do with their salary." So why should we handle benefits any differently?

The Balancing Act Between Flexibility and Company Culture

Benefits are more than just nice perks—they're a strong statement about your company culture. They can boost motivation, satisfaction, and even employee loyalty. But how do you find the right balance between flexibility and cultural representation? Should employees really have a say in what benefits are offered? Or is it the company's role to clearly communicate its values?

Why Your Employees Should Have a Voice:

  1. Higher Satisfaction and Motivation When employees feel included in decision-making, their satisfaction increases. They feel heard and valued. Who wouldn't be happy to have a say in which benefits best suit their needs?
  2. Considering Individual Needs: Everyone is different. What matters to one employee may be irrelevant to another. An employee benefits platform can help address these varied needs. For example, employees could choose between multiple benefits, like a gym membership or a language course, using a benefits card.
  3. Strengthening Employer Branding: A company that takes its employees seriously and gives them a voice strengthens its employer brand. It shows that company values aren’t just words on paper—they're genuinely practiced. In times of talent shortages, this could be the key to attracting and retaining top talent.

The Challenges of Flexibility

Of course, there are challenges when giving employees a say in their benefits. A major question is: How much flexibility is too much? If every employee expresses individual preferences, things can quickly become chaotic. Companies must find a middle ground.

  1. Pay Attention to Company Culture: Benefits should always reflect the company culture. A company that values health and sustainability is unlikely to offer company cars as benefits. The culture should be visible in the employee benefits to remain authentic.
  2. Costs and Administration Effort: Another challenge is managing the costs and administration of benefits. There needs to be a system that's both flexible and easy to manage. This is where corporate benefits platforms like ours come in, striking that balance.

The Sweet Spot: Flexible but Culturally Connected

So how can we find the perfect middle ground? Here are some ideas:

  1. Selection of Predefined Benefits: Rather than offering an entirely open selection, the company could provide a list of predefined benefits that align with the company culture. Within that list, employees can freely choose the options that best suit their personal preferences.
  2. Regular Surveys: Companies should regularly survey employees to find out what benefits they want and which ones they use. This keeps the company flexible while ensuring that the offered benefits meet the employees' needs.
  3. Individual Customization Within a Framework: A basic benefits budget that employees can use to choose from different offerings provides a great balance. With a benefits card, companies can offer employees this freedom.

Conclusion: Involving Employees is Worth It

Involving employees in the design of their benefits isn't a sign of weakness—it's a sign of strength. It shows that the company lives its values and appreciates its employees. So why not combine both? Flexible benefits on a corporate benefits platform that addresses individual employee needs while reflecting the company culture can be the ideal solution. Many companies are already using HelloBonnie to achieve exactly that. With our employee benefits platform, we create a tailored offering that excites employees and blends the company's philosophy with their preferred benefits. Your team will thank you—and remain loyal!

About the authors

Profile picture of Max

Max

CEO & Co-Founder

Hello there! 👋 I'm Max, founder and CEO of HelloBonnie. I love using my Benefit Smartcard for coffee at Elbgold on my way to the office and for CrossFit classes at Eversports...when I can overcome my inner couch potato 🛋️🥔