UK - Watson Wyatt has launched a flexible benefits administration selection service to help employers with their selection of flex delivery systems.
The consultant said it was launching the service in response to the growing number of flex administration providers.
The service will provide a structured methodology to help organisations identity their key decision criteria and objectively rate potential flexible benefits systems suppliers.
Watson Wyatt head of flexible benefits consulting Morag Bramley said:
“The number of new entrants to the flex administration market in the last 18 months means organisations now have a bewildering array of options available.
“But few have the in-house expertise and access to objective data to help identity the most appropriate solution for their situation. As some organisations have found to their cost, decisions – sometimes made on superficial enrolment functionality and webscreen ‘look and feel’ – have come back to haunt them.”
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