voluntary benefits

Paylogix created the Consolidated Billing service as a way to mitigate the employer's administrative burden associated with voluntary benefits made available at the workplace.

We have also provided all staff with online reward statements, which make the value of their compensation package more transparent, and have introduced a range of voluntary benefits, such as the ability to purchase additional holiday.

In the UK, Employee Benefits are categorised by three terms: Flexible Benefits (Flex) and Flexible Benefits Packages, Voluntary Benefits and Core Benefits.

Voluntary Benefits is the name given to a collection of benefits that employees choose to opt-in for and pay for personally, although, as with flex plans, many employers make use of salary sacrifice schemes where the employee reduces their salary in exchange for the employer paying for the perq.