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This guide is intended for the increasing numbers of businesses which are interested in implementing a flexible benefits scheme. As the UK economy comes out of recession, management strategy will focus increasingly on the need to retain and motivate the surviving work-force, while keeping costs under control.;Flexible benefit packages offer advantages to employers and employees: staff can choose the benefits they want and which take account of their changing lifestyles, thus increasing the perceived benefits to each individual; and employers can become more successful in recruitment and retention while controlling the cost of benefits.;The authors of this guide include actuaries, tax specialists, lawyers and human-resources management professionals. Coverage includes: how to increase employee choice; objectives and success criteria; scheme design and avoiding the pitfalls; tax and legal issues; implementation and systems support; communicating and selling the scheme to employees. Practical examples, case studies from the UK and the US and a description of bespoke administration systems in the UK are also included.