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Testimonial: how Deloitte’s flexible benefits scheme addresses the expectations of Millenials Geert Smets Lead Talent PMO – Deloitte Belgium

Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

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Page 1: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

Testimonial: howDeloitte’s flexiblebenefits schemeaddresses theexpectations of Millenials

Geert SmetsLead Talent PMO – Deloitte Belgium

Page 2: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

Our purpose is to“Make an impact that matters”

What defines us?

Page 3: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

The power of flexible benefits schemes©2018 – Deloitte Belgium

Our purpose: Making an impact that matters

Talent Clients Society

Page 4: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

To be the undisputed leaderWhat is our aspiration?

Page 5: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

To become a Simply Irresistible Organisation

What is our talent strategy?

Page 6: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

Welcome to our 450 new colleagues! – Welcome Days FY18

Page 7: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

7Innovation@Talent – March 2018© Deloitte Belgium 2018 7The power of flexible benefits schemes©2018 – Deloitte Belgium

Building our Simply Irresistible OrganisationTalent Strategy 2020

A Simply IrresistibleOrganisation

Trust in leadership Authentic communications that are “confident, clear and human”

Positive work environmentFun in pursuit of serious goals

Meaningful workOur purpose is to makean impact that matters

Supportivemanagement Coaching culture

GrowthopportunitiesContinuous learning

Page 8: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

8The power of flexible benefits schemes©2018 – Deloitte Belgium

Becoming a simply irresistible organization through employee engagement‘My Benefits My Choice’ (or ‘MBMC’) as an activator to reach that ambition

DWoW=Deloitte Way of Working

• Our Flexible Benefits Scheme is based on the belief that giving people personal autonomy attracts and retains great talent.

• The way we’re working is changing. And so is our workforce. To meet the demands and expectations of this new age personnel, we must understand what people deeply value and then build a kind of workplace that gives them room to reach it.

• In today’s world where time is precious and purpose is paramount, we give you what you desire most: the freedom to self-manage, control over your time, the ability to determine when, where and how you work and the flexibility to make choices that suit your lifestyle. Simply put, the potential to control your future and determine your destiny.

• As our workplace continues to evolve, we aim to design and deliver sustainable solutions that lead to new ways of working, change the rules of engagement and make a positive impact in the world.

Freedom is realising you have choices

Page 9: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

My Benefits My Choice – WEBINARSeptember 2017

Page 10: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

Innovation@Talent – March 2018© Deloitte Belgium 2018 1010The power of flexible benefits schemes©2018 – Deloitte Belgium

MyBenefits

Increasing your reward value with more choice starts with appreciating what youalready have today

Page 11: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

Partner Meeting June 2017©2017 – Strictly confidential 11The power of flexible benefits schemes©2018 – Deloitte Belgium 11

Deploying MBMC – What’s in it for you?MBMC increases your power of choice by adapting the reward package to your individual needs

“Flexibility equals fulfilment”

Flexibility

“Tailored to your needs”

Buying Power

“Moving towards sustainable mobility”

Mobility

“Time is precious”

Time

Freedom is realising you have choices

Page 12: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

12The power of flexible benefits schemes©2018 – Deloitte Belgium

How does a flexible benefits scheme work?

IMPLEMENTING A FLEXIBLE BENEFITS SCHEME INCREASES YOUR REWARD VALUE

Car downgrade / swap

Seniority day(s)

(Referral) Bonus(es)

Today, cash reward elements are subject to high tax and social security contributions. Within legal boundaries, it is possible to sacrifice these rewards elements and use

them as a budget creator.

ICT device and

accessories

Additional child

allowance

Reimbursement individual pension

saving

MyBikeMyChoiceor Brompton

ResQ or ‘residential / household

services’

Max 5 additional vacation days per

year

Public Transport

Remainder of your generated budget, paid

out in cash

Deloitte has selected following alternative benefits, optimizing your power of choice and increasing the value of your reward package

Year-end premium (or 13th month)

Page 13: Testimonial: how benefits scheme expectationsof Millenials Table_220… · Becoming a simply irresistible organization through employee engagement ‘My Benefits My Choice’ (or

MAKING AN IMPACT THAT

MATTERS