The Recruiter of choice for executive jobs within the FMCG, Retail and Medical Sectors
call us on 0845 2000 741

“Pick n’ Mix” Benefits – the future of talent attraction within the FMCG sector?

09 August 2016

An increasing number of FMCG companies are now offering varied and flexible benefits packages as a means of attracting and retaining great talent. In this year’s FMCG Salary Survey, we identified a marked change in benefits packages offered within the sector from as recently as two or three years ago. 

The following major trends were identified:

  1. Packages that include health care for family members as well as individuals,sabbaticals, flexible working for families and life insurance are becoming the norm. Less than a decade ago, these benefits would have been considered exceptional and rare to find – today they are included as part of a standard remuneration package for a large proportion of companies within the sector. 

  2. Flexible benefits packages – where employees get to vary their own remuneration packages to suit personal needs – are also becoming mainstream. This “pick n’ mix” style solution often includes lifestyle benefits such as gym membership, cycle to work schemes, transport subsidies, on-site crèches, sabbaticals, corporate-funded training and more.  

With flexible benefit schemes, employees have the choice to retain their existing salary and simply vary the levels of benefits within a specified allowance, or adjust their salary up or down by taking fewer or more benefits respectively, depending on what is available to them. While organisations have, for some time, allowed a limited form of flexibility for just one or two benefits, it is only recently that comprehensive flexible benefit schemes have started to become more common.

Click here to read the full blog.

Back to News