The flux of flex: How flex plans are faring

First of a two-part series on flex benefits; what are offered, how they’re offered, and why they’re changing
By Daphne Woolf
|Canadian HR Reporter|Last Updated: 01/31/2005

Is the shine off the flexible benefits star? It would seem that in recent years, some employers are moving away from flexible benefits — at least, the traditional form of such benefits.

For many employers, flex benefit plans have not been the value-enhancing, cost-saving vehicles hoped for.

It’s not necessarily the case that benefits have lost any value. It’s just that the positive aspects of flexible benefits are not as significant as they were in the past, due to changing employee needs and different corporate objectives.