Lessons learned from a switch to flex

Significant cost savings allow Dalsa to put more resources into wellness programs
By Helen Burnett-Nichols
|Canadian HR Reporter|Last Updated: 12/08/2009

A gradual move to a more flexible benefits plan has been key for Waterloo, Ont.-based Dalsa, allowing both the company and employees to adapt to the changes that come with a greater level of choice.

Dalsa, a digital imaging and sensor designer and manufacturer with 975 employees worldwide, including 300 at its head office, made the switch from a traditional benefits plan to one with increased flexibility in 2004. The company is currently considering increasing the level of flexibility offered to employees.

By moving from a traditional benefits plan to a plan with some selection rather than a full-scale cafeteria-style plan, the transition has been smoother, explains Frank Nemeth, director of worldwide human resources at Dalsa.