UK - Kwik-Fit Financial Services has unveiled a £300,000 flexible benefits payout bonus for staff.
The firm – the insurance and finance arm of the car tyre and exhaust fitting service chain – will give 900 call centre staff in Lanarkshire allowances of between £100 and £1000. The amounts will depend on length of service and salary level.
Staff will be able to invest the money on benefits such as private medical insurance and dental insurance.
Those who already have medical insurance will be encouraged to buy and sell days off work or swap the allowance for high street shop vouchers, or take a mixture of benefits.
The firm hopes the move will bring it in line with its competitors.
Financial director June Lynch said there was widespread support for the scheme which begins next month.
She said: “People are becoming more interested in the packages being offered by firms. While medical or dental insurance may appeal to one person it may not appeal to another, which is why we have introduced such a flexible package.”
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