Precious

If you’re in Lagos and looking for top-notch gyms to meet your fitness goals or trying to keep fit to keep up with the vibrant lifestyle the city is known for. The city is home to a wide range of fitness centers equipped with modern equipment, expert trainers, and a variety of classes to keep you motivated. Here’s a rundown of the top 10 gyms in Lagos with no ranking implied that can help you achieve your health and fitness goals.

Beyond Fitness is a high-end fitness center located in Victoria Island. It offers luxurious facilities with high-end equipment and a range of classes, including yoga, pilates, and strength training. It’s a favorite for professionals seeking a premium fitness experience.

Location: 18 Amodu Ojikutu St, Victoria Islnd

Highlights: Premium facilities, Lockers, high-end equipment, yoga and pilates.

iFitness has established itself as a leading fitness chain with locations across Lagos. They offer flexible membership plans and cater to people of all fitness levels with diverse classes, modern equipment, and skilled trainers.

Highlights: Muscle building, endurance training, group sessions, Cardio Machines, Weights, Resistance Machine, Aerobics & Cardio, Dance Strength Training, Multiple branches, flexible membership and diverse classes.

SweatBox is known for its vibrant atmosphere and a variety of fitness programs, including HIIT, spin classes, and personal training. The gym has a clean, modern facility with top-of-the-line equipment, making it a popular choice for fitness enthusiasts.

Highlights: HIIT, spin classes and personal training

They offer online classes and they have a large variety of classes and their trainers help with your goals be it getting in shape or improving your strength. They offer personal coaching and group sessions, focusing on functional fitness, weight training, and have a serene environment.

Location: Upbeat Centre, 11 Admiralty Rd, Lekki Phase 1, Lagos.

Highlights: Boxing, endurance building, high-energy classes and Online, Classes.

Fitness Arcade provides a welcoming environment with modern gym facilities. They offer group classes, personal training, and a range of suitable for weight training and cardio, attracting members from all fitness levels and equipments

Location: km28 Lekki - Epe Expressway, Abijo, Lekki

Highlights: Group classes, personal training, cardio and weight training.

Fit and Fab Gym offers a comprehensive fitness program, including Zumba, strength training, and personalized workouts. The gym has a friendly community atmosphere, making it an excellent choice for individuals who enjoy a social workout environment.

Highlights: Zumba, strength training and personalized workout plan.

EliteBox Fitness is the best gym for boxing in Lagos. Can you can go there to train to be a pro boxer? Yes, they are that good. They also have a guideline on which gym membership to apply for, which consists of the possibilities and your availability in coming to the gym.The gym provides various classes, including dance, strength training, and yoga, catering to all fitness levels. They also have a sauna.

Location: NIJ HOUSE, 20 Adeyemo Alakija St, Victoria Island, Lagos

Highlights: Boxing, Dance and yoga classes, strength training, Sauna and supportive community.

This gym is well-loved for its high-energy classes and motivating trainers. With an emphasis on boxing, strength training, and endurance building, Proflex gym is ideal for people who enjoy a dynamic workout environment.

Location: 20/24 Ozumba Mbadiwe Ave, Victoria Island, Ikeja 106104, Lagos

Highlights: Functional fitness, weight training and cardio sessions.

BodyLine Gym offers swimming lessons and is a well equipped gym with friendly staffs. It has a supportive environment focused on personal fitness and wellness. You can workout, take a dip and relax by the poolside.

Highlights: Weightlifting, Lockers, Swimming Pool, functional fitness and community vibe.

Fitness Plus Gym believes that fitness should be a way of life and so, they seek to encourage people to take time off their busy schedules to develop and cultivate a lifestyle of fitness which on the long run will affect the overall well-being of the individual, boost body metabolism, promote productivity at work, and increase longevity amongst several other benefits.

Location: 231 Herbert Macaulay Wy, Yaba, Lagos

Highlights: Lockers, Aerobics, Cycling, Nutrition consulting, Personal training, Zumba and Fitness.

Each of these gyms brings something unique to Lagos’s fitness scene, from premium facilities to community-focused workouts. Whether you’re looking for a luxury experience or a gym with an inclusive, supportive vibe, Lagos has plenty of options.

Make Your Fitness Journey Easier with Flance 

Access multiple fitness centers in your city and nationwide with one pass. Flance Pass offers a range of choices starting from just ₦10,000/month, no additional fees at the gym.

Start your fitness journey with Flance today and make every workout count towards a healthier, stronger you! 

Top 10 Gyms in Lagos 

Are you in Abuja trying to fit into the city's bustling energy and ambition? You’ll find some of the best gyms to meet your wellness and fitness goals. Here’s our list of the top 10 gyms in Abuja with no ranking implied, each offering unique facilities, top-notch equipment, and expert trainers to help you reach new heights. Here are 10 top gyms in Abuja just for you.

Ecofitness Hub is the perfect spot for fitness lovers in the Gwarinpa area. The gym offers a range of facilities and classes, from personal training to group sessions focused on strength training, cardio, and HIIT. With a team of professional trainers, Ecofitness Hub provides a welcoming environment for all fitness levels.

Highlights: Lockers, Cardio Machines, Weights, Resistance Machine, Aerobics & Cardio, Boxing / Martial Arts, Dance, Personal Training and Strength Training.

Bodyrox Fitness Studio, also known as Savage House, offers a premium fitness experience in the Central Business District. With high-tech equipment, skilled trainers, and unique classes, this studio combines luxury with results-driven workouts, making it a top choice for professionals in Abuja.

Location: 3rd Floor, Silverbird Entertainment Center, Plot 1161, Memorial Drive, Central Business District

Highlights: Premium facilities, luxury environment, high-tech equipment, Cardio Machines, Weights, Resistance Machine, Aerobics & Cardio, Boxing / Martial Arts, Dance, and Strength Training.

Best Body Gym is known for itspresence by delivering unique, personalized client services and the gym’s trainers focus on personalized guidance, making it a fantastic choice for beginners and advanced members alike.

Location: 470 Aminu Kano Cres, AMAC, Abuja.

Highlights: Sauna, Wide range of equipment, group classes, personalized guidance, Cardio Machines, Weights, Resistance Machine and Strenght Training.

iFitness caters to individuals of all fitness levels with its well-rounded classes and high-quality equipment. Known for its friendly community vibe, this center offers strength and cardio workouts along with personal coaching sessions to help you stay consistent and motivated.

Highlights: Muscle building, endurance training, group sessions, Cardio Machines, Weights, Resistance Machine, Aerobics & Cardio, Dance, Strength Training, Friendly atmosphere, high-quality equipment, coaching sessions

D Mayor is a well-established gym that combines expert coaching with state-of-the-art facilities. From weightlifting and cardio to specialized boot camps, this gym provides a structured environment where you can achieve your goals effectively. 

Location: 32 P.O.W. Mafemi Cres, Utako, AMAC 900108, Abuja

Highlights: Muscle building, endurance training, group sessions, Cardio Machines, Weights, Resistance Machine, Aerobics & Cardio, Strength Training, Expert coaching, boot camps and well-maintained facilities.

BodyLine Fitness Gym is known for its safe place for gym rookies and experts as well. It is well equipped with indoor and outdoor activities like volleyball and tennis. This gym attracts fitness enthusiasts who value flexibility and a comprehensive training environment.

Location: Ahmadu Bello Wy, Wuse 2, Abuja.

Highlights: Basketball, Boxing, Volleyball, Tennis, Cardio Machines, Weights, Resistance Machine, Aerobics & Cardio, Dance, Personal Training and Strength Training.

Evolve 360 is a popular fitness center known for its dynamic approach to training. Offering classes like Zumba, spin, and kickboxing, Evolve 360 provides a fun and energetic atmosphere for those looking to stay fit while having a good time.

Location: Plot 649 Franca Afegbua Cres, Gudu, Abuja

Highlights: Zumba, spin classes, kickboxing, Indoor and Outdoor Games, Cardio Machines, Weights, Resistance Machine, Aerobics & Cardio, Dance, Personal Training and Strength Training.

Palms Fitness Place is a gym with a range of classes and training programs including the Spin and step class, this gym provides a supportive environment where members can work on their fitness goals alongside friends and family.

Location: AMSSCO Platinum City, Galadimawa, Abuja

Highlights: Community-focused, supportive environment, accessible options, Cardio Machines, Weights, Resistance Machine, Aerobics & Cardio, Boxing / Martial Arts, Dance, Personal Training and Strength Training.

It is known for its high-intensity workouts and cutting-edge equipment, The Elite Hybrid Fitness Studio is ideal for those looking to challenge themselves. They offer personal training, functional fitness, and a range of classes designed to help members achieve strength, endurance, and flexibility.

Location: Shashilga Court, Ahmadu Bello Way, Kado, Abuja

Highlights: Functional fitness, modern equipment and personal trainers.

Maxfit Gyms is a well-equipped fitness center with a variety of classes and training programs. They offer group sessions, one-on-one coaching, and a strong focus on muscle building and endurance training. The gym has a supportive community, making it an excellent choice for both beginners and seasoned athletes.

Location: H&A Plaza, Plot 24, Olusegun Obasanjo Way, Wuye District

Highlights: Muscle building, endurance training, group sessions, Cardio Machines, Weights, Resistance Machine, Aerobics & Cardio, Dance and Strength Training.

Get Fit and Stay Healthy with the Best Gyms in Abuja

These top 10 gyms in Abuja cater to diverse fitness needs, providing unique facilities, expert guidance, and a welcoming environment. Whether you’re interested in strength training, group classes, or personal coaching, these gyms offer something for everyone.

Taking control of your health is easier than ever with Flance Pass

Top 10 Gyms in Abuja

Sayo

The Collaboration Expands Access to Health, Wellness, and Financial Services for thousands of Technologists in Nigeria



Flance is thrilled to announce a strategic partnership with 

, a global talent accelerator renowned for building remote engineering teams. This collaboration will introduce a comprehensive suite of health and wellness services to Andela’s extensive network of technologists.

Andela, supported by prestigious investors such as SoftBank and the Chan Zuckerberg Initiative, is dedicated to empowering technologists in emerging markets by connecting them with top companies around the world. Recognizing the unique needs of its network, especially the independent contractors who form a significant part, Andela has partnered with Flance to offer tailored wellness and financial tools that support the well-being and growth of its community.

Flance is devoted to improving the lives of modern workers by providing access to essential services that enhance well-being. Serving a broad audience—including freelancers, contractors, and businesses seeking valuable worker benefits—Flance connects workers with comprehensive health plans, discounted gym memberships, and financial wellness tools. Flance aims to empower workers to achieve their wellness goals and lead healthier, more prosperous lives.



Katherine Codlin, Partnerships Manager at Andela, stated:

“At Andela, our mission is to empower technologists with exceptional opportunities and resources for career growth. We chose to partner with Flance because of their commitment to supporting the health, well-being, and financial security of our Nigerian community. Together, we are fostering a holistic environment for our technologists to thrive, benefiting both our community and clients.”

Launching on September 23, 2024, this partnership will offer Andela technologists access to services on Flance’s marketplace, including health insurance plans, discounted gym memberships, and financial wellness tools at preferential rates. This initiative not only enhances the quality of life for Andela’s tech professionals but also positions both companies as champions of worker well-being.

"Flance is committed to ensuring that every professional, whether a contractor, freelancer or employee, has access to the vital services that enhance their well-being. Partnering with Andela is a key milestone in our mission to provide modern workers with the health, wellness, and financial resources they need to thrive", said 

This collaboration underscores the shared commitment of Flance and Andela to empower the global tech community by providing essential tools for personal and professional success. Both companies are excited about the potential impact of this partnership on the lives of technologists in Nigeria.



Ready to take worker retention to the next level?

Discover how Flance can transform the well-being and satisfaction of your contractors or employees. Reach out today to explore tailored solutions and start boosting your workforce’s loyalty and performance!

Flance and Andela Partner to Empower Tech Professionals With Comprehensive Wellness Tools

Are your workers getting the wellness support they need? Here is why it matters more than ever.

In today’s highly competitive job market, offering employee benefits is no longer an option but necessary for companies looking to attract and retain the best and most capable workers. Tech giants like Google, Amazon, NVIDIA, Meta, and Tesla are leading the way in recognizing the profound importance of employee benefits. These companies have not only invested heavily in wellness benefits such as health insurance, fitness, spa treatments, and retirement plans but have also pioneered innovative wellness initiatives. Let’s explore why employee benefits are so crucial, using examples from the leaders in the tech industry today.

Why employee benefits are essential to your company’s growth

Employee benefits extend far beyond basic compensation and pension contributions. They represent a company’s commitment to the well-being of its workforce, creating a supportive environment that fosters loyalty, productivity, and overall job satisfaction. A comprehensive benefits package provides financial security, health and wellness resources, and perks that contribute to an employee's quality of life both at work and outside of work. Large companies like Tesla, Google, Nike, and other corporate powerhouses have wellness benefits that motivate their workers and create a positive work environment accelerating the companies' growth. Wellness programs can lead to healthier employees, reducing absenteeism and lowering healthcare costs by encouraging preventive care and healthier lifestyle choices leading to a boost in creativity. Healthier employees are often more productive. Wellness programs can reduce fatigue and improve focus, leading to better performance and efficiency at work which equals growth.

Wellness as a key factor in employee benefits

Wellness programs are increasingly becoming a cornerstone of employee benefits, especially in the tech sector where high-stress, fast-paced environments are the norm. Companies understand that healthy, happy employees are more productive, engaged, and loyal to their employers. This shift towards wellness reflects a broader cultural shift that values holistic well-being. Here are some top tech companies using wellness benefits as employee benefits:

 in wellness programs is a prime example of why. Google spends approximately $25,000 annually on benefits per employee. The company’s proactive approach to well-being has helped it build a reputation as one of the best places to work globally.


Google’s wellness benefits range from mental health support to fitness programs and healthy food options in the office.

Amazon, one of the largest companies in the world, understands the importance of supporting its workforce. In 2022, the company announced a nearly $1 billion investment in pay and benefits for its frontline employees. This 

 underscores Amazon's commitment to improving the quality of life for those working in challenging roles, focusing on health care, paid time off, and opportunities for career growth. For a company that employs over 1.5 million people, this is a critical step toward ensuring long-term employee satisfaction and retention. This allows them to have the best talents in the industry.

NVIDIA places a strong emphasis on health and wellness, offering top-tier medical insurance, mental health support, and fitness programs. The company invests up to 

 in wellness benefits per employee annually and is known for its 

. NVIDIA’s benefits package aligns with the company’s goal of maintaining a healthy, motivated workforce, especially in the rapidly evolving tech landscape.

NVIDIA invests up to $3,000 in health/wellness benefits per employee annually.

Tesla, known for its fast-paced and innovative culture, provides its employees with 

 valued at around $7,200 per person annually. This includes health insurance, fitness programs, and various wellness initiatives aimed at reducing burnout and promoting work-life balance. While Tesla’s benefits may not be the most extensive, they are highly appreciated in an industry that demands long hours and intense focus.

The Competitive Advantage of Strong Employee Benefits

Companies that offer comprehensive benefits packages gain a significant competitive edge in recruitment and retention. A 

57% of job seekers consider benefits and perks to be a top factor when deciding on a job. 

Benefits also contribute to lower turnover rates and higher employee engagement, ultimately impacting a company’s bottom line.

Tech companies like Google, Amazon, Meta, and Tesla have set the standard for how organizations should approach employee well-being. By investing in wellness programs and other benefits, they have not only enhanced the lives of their employees but also built stronger, more resilient workforces. This focus on well-being has translated into higher productivity, more innovation, and a greater sense of loyalty among employees.

Employee benefits are an essential component of a thriving workplace. 

In a world where talent is a key differentiator, companies that prioritise their employees’ health and well-being are more likely to succeed. 

As evidenced by top tech companies, these investments in benefits pay off in terms of employee satisfaction, retention, and overall company performance. Whether through innovative wellness programs or traditional perks, providing comprehensive employee benefits is not just a nice-to-have but a strategic necessity.

Ready to take employee retention to the next level?

 can transform the well-being and satisfaction of your contractors or employees.

 to explore our unmatched health, fitness & wellness solutions and boost your workforce’s loyalty and performance.

The World’s Top Companies Invest in Employee Health and Wellness - Why Yours Should Too.

, a global leader in payroll and compliance for remote teams, has elevated its perks offering by featuring Flance on its global perks marketplace. This collaboration allows Deel’s remote team in Nigeria to easily discover and access a wide range of health, fitness/wellness, and financial management services, all designed to enhance their well-being and financial stability.

Flance’s presence on Deel’s global perks marketplace provides workers with:

: Workers can enroll in health insurance plans offered by Flance’s partners, ensuring they have access to essential healthcare services. This coverage provides peace of mind and contributes to overall well-being.

Comprehensive Fitness and Wellness Options

: Flance offers unparalleled access to a wide network of fitness and wellness centers across Nigeria. Workers can enjoy services at premier locations like Ecofitness, Sweatbox, and Best Body Gym, along with access to spas and swimming pools. With coverage in major cities such as Lagos, Abuja, Port Harcourt, Ibadan, Jos, and Calabar—and more cities being added—contractors have the flexibility to maintain their fitness and wellness routines wherever they are.

Flance also provides customized savings plans and access to certified tax advisory services for Contractors. Workers can effectively manage their finances, optimize their tax situations, and achieve better financial stability.

The comprehensive support provided by Flance’s health, fitness, and financial services leads to higher contractor satisfaction. Workers feel more valued and supported, contributing to a positive work experience.

: Access to a wide range of fitness and wellness options across Nigeria ensures that workers can maintain a healthy and active lifestyle, reducing stress and enhancing productivity.

: With tailored savings plans, workers are better equipped to manage their finances, leading to greater financial security and preparedness for future expenses. 

: Featuring Flance on Deel’s global perks marketplace significantly enhances the benefits available to workers. This addition underscores Deel’s commitment to providing a well-rounded perks package that addresses the key needs of its global workforce.

Flance’s ongoing presence on Deel’s global perks marketplace expands the benefits available to Deel’s workers in Nigeria. By offering tailored health insurance, extensive fitness and wellness options, and comprehensive financial tools, Flance is helping to improve Deel’s remote teams’ health, well-being and financial security.

Flance Partners With Deel to Bring Unmatched Health & Wellness Benefits to Its Remote Team

Ucha

Raison d’etre [rey-zohn -de-truh; French re-zawn -de-truh]

Pronounced rey zohn de truh, this is an English word of French origin that means a thing’s reason or justification for being, or existing

In December 2021, we set out to reimagine the future of work benefits by building a platform for gig economy workers, and that’s how 

Basically, anybody that does not work in an office can get access to basic benefits like insurance, healthcare, pension,and loans, at a small monthly fee.

We have been on that journey ever since, and it has been a very tedious and interesting one.

So let’s talk about why we started doing this thing, and what exactly it is.

Is a question my co-founders and I have gotten countless times, from different people, all asked with the same level of genuine curiosity.

I have given this answer so many times, over and over again, that it makes sense to crystalize and articulate it in written words.

Surface level; it is ridiculously expensive to pay out of pocket for an insurance need. The price difference between paying for a healthcare plan out of pocket, and having an insurance plan can be a lifesaver.

For example; in Lagos State Nigeria, the average nighly admission fee in a hospital is around $50. Meanwhile, an annual insurance plan of $25 can cover this same cost for a year, with added benefits up to $2,000.

On a deeper level, beyond the price point, like every problem, deciding to work on this one was a mixture of personal pain points and data-backed market research.

Simply put, this is a genuine problem, not just in Nigeria, or Africa, but around the world.

We started out focusing on gig economy workers that did not work in offices; Uber and Bolt drivers, software developers, freelance creatives, hair stylists, contract staff, and everyone that did not receive added benefits from where they work.

These people are divided along two lines; those who cannot afford to pay for these benefits individually, and those who can, but cannot afford the time and inconvenience of sourcing these benefits individually.

We talked to 250 of these people; 96% of them would pay for a plan that allows them to get access to these benefits in one place.

Of this number, 25% did not care about the price point it came in at, while the other 75% swung between affordability and ‘mid-range’ price points.

These people are able to come on Flance, and purchase a moderately priced monthly plan, or design a bespoke one that fits their needs and budget; amazing stuff.

The aforementioned is already a beautifully carved out market segment by itself, but there was another one ripe for the picking; tech startups and small businesses.

At first glance, these people are antithetical to the initial market segment mentioned, but upon closer look, not so much. I will tell you a story why(not), a very short one;

For the last 8+ years, I, Victor Ekwealor, have worked with tech startups in Africa, and as at the end of May 2022, my pension balance is currently ₦112, 480.40 ($272). And this is the experience of the bulk of employees in tech startups and small businesses.

I used to be very upset at this benefits discrepancy until I got a look on the employer’s side and figured out that this isn’t malicious; it is extremely difficult for a small business to provide employee benefits.

In startups and small businesses, everyone is too busy with multiple roles to take on the arduous task of sourcing and arranging benefits for employees. It is what it is.

The global economy is hard; inflation is at an all time high, and costs of living have skyrocketed with it. Most startups, especially in developing economies, are unable to match compensation with these rising costs, and are also incapable of mustering the financial war chest to retain their talents.

And this is where Flance comes in; to help employers figure out how to sustainably ensure their employees are not left out in the cold, or lost.

“Two billion workers — representing 61.2% of the world’s employed population — are in informal employment.”

Women and Men in the Informal Economy: A Statistical Pictur

The aforementioned is a 2018 study by the International Labour Organisation (ILO); a United Nations’ (UN) agency charged with international labour practices. In short, there are more people that are formally employed than not, and that is not changing anytime soon.

These people have jobs, but thanks to different employment laws across the world, most of them are not classified as full employees. A big example of this is how Uber and Bolt drivers are not considered employees of either companies.

Regardless of these classifications, these workers have adult responsibilities and resultant needs that would be catered to by employment benefits.

On the other hand, the nature of work is changing drastically

 effect of the pandemic, everyone has taken a very pragmatic approach to their careers, and this has resulted in massive resignations and switches; cue the 

, and all similar movements around the world.

; this means that more people are going to leave their structured jobs and, subsequently, the security those jobs provide by way of benefits.

Employers will have to fundamentally reimagine sustainable ways to keep their employees, without breaking their back, and their banks.

That, my dear reader, is where Flance comes in again.

Unlike the first question, there are not a lot of people asking this. I just imagined that if you got this far, it’s only fair you know the exactitude of how this product will work.

It is really simple; users sign up, get KYC’ed and then for a small monthly fee, get access to a wide range of benefits; healthcare, insurance, pension, loans, etc.

The plans are structured in two ways; moderately priced pre-curated options, and the ability to create a bespoke plan for yourself that fits your needs and budget. Simply put, you can pay for plans we have made, or create your own.

We are just getting started and gearing up for the journey ahead.

Thanks for getting to this point,
Victor.

Raison d’etre

Victor Ekwealor 

What exactly is ‘employee benefit’ and what does it constitute?


This is question that we get from many business owners and startup founders who are not exactly sure what it is.

The problem is not that they do not know per se, it’s just that it means so many different things that it seems to not mean anything in particular, so let’s attempt a definition and explanation.

Firstly, like the name implies, employee benefits, perks, or rewards are, unsurprisingly, benefits for employees.

The most succinct definition is from Wikipedia, and it says that “

Employee benefits and benefits in kind, also called fringe benefits, perquisites, or perks, include various types of non-wage compensation provided to employees in addition to their normal wages or salaries

In essence, any compensation given to people in active employ of any sorts that is different from their wages can be termed employee benefits, perks, or rewards.

The scope of employee benefits is extensive, covering multiple facets of the employee experience.

Some of the most popular ones that you may be familiar with are grouped under the umbrellas of health and wellness, financial incentives, retirement plans, and professional development. Collectively, these offerings contribute to fostering a sense of support and appreciation beyond the transactional nature of employment.

Now, let us elaborate on the aforementioned umbrellas a bit and get an even deeper understanding of what they entail.

There is a popular Latin saying we are all familiar with, “mens sana in corpore sano” which translates to “a healthy body can sustain a healthy mind”, or as we popularly know it, “a healthy mind is a healthy body.”

This means that health and wellness are understandably the most crucial of all the employee benefit segmentations that exist. Benefits in this category are typically comprehensive insurance coverages for medical, dental, and vision.

Additionally, wellness programs go beyond traditional healthcare, incorporating initiatives such as fitness programs, mental health resources, and preventive health measures. Mental wellness programs have become even more popular with the increase in mental health conditions, which the World Health Organisation(WHO) has increased by 25% since the pandemic.

Employee benefits extend into the financial realm, providing a sense of security and stability. The financial part of benefits are usually the most popular and easiest as there are usually no complications with them.

Retirement plans, like 401(k), pension schemes, and retirement savings, and the different names they are known by across the world, offer employees opportunities to plan for their financial future.

Employee Stock Options (ESO) or equity participation are financial plans that align employees with the overall performance of the organisation and have become very popular over the last few years, especially with startups. These financial benefits not only support individual well-being but also cultivate a sense of commitment and loyalty to the organisation.

In line with bolstering mental health and ensuring work does not become too much drudgery, a lot of initiatives now exist to accommodate a harmonious work-life balance, employee benefits often include provisions for flexible work arrangements like hybrid or fully remote work options.

Paid time off (PTO) allows employees to take vacations, holidays, and personal days are also quite popular in this category. Generally, they accommodate the diverse lifestyles and responsibilities of employees.

Investing in the continuous learning and development of the workforce is a crucial aspect of employee benefits. Like the earlier mentioned health and wellness options, professional development can tie in directly to the business’ bottomline.

Training and development programs, encompassing workshops, seminars, online courses, and mentorship initiatives, contribute to the enhancement of employees' professional skills. Online learning platforms like Udemy, Coursera, Pluralsight, among others are a staple in this category.

These opportunities not only support individual career growth but also ensure that the organisation remains productive through its workforce.

Recognizing the significance of family life, employee benefits may include family-friendly provisions. Family leave, whether for parental or caregiver responsibilities, ensures that employees can navigate significant life events without compromising their professional standing. Child Care assistance, including support for childcare expenses or on-site facilities, alleviates the challenges faced by working parents.

Whether you call them employee benefits, perks, or rewards, we have established that they have different meanings in different contexts. Apart from the aforementioned, there are a ton of things that can qualify as benefits; lunch, massage, acupuncture, etc.

The next question is, now that we know what they are, what is a strategic and thoughtful approach to guide implementing benefits?

Again, like the definition, there is no straightforward answer, but here’s a framework to think about it;

A clear understanding, identification, and articulation of an organisation's overarching goals and values can help with figuring out what perks or employee benefits to employ. An organisation that values and promotes work-life balance would focus more on benefits in that category.

Acknowledge the diversity within the workforce and tailor benefit packages accordingly. Providing a range of benefits allows employees to select options that resonate with their individual needs and preferences.

A lot of employee benefits and perk platforms come as a package deal and do not allow customization. Flance Business is one that allows employers to choose individual benefits tailored to different users.

Benefits are useless if and when they are not used, so transparent and regular communication about available benefits is imperative. This is especially true for organisations that are just starting a culture of added benefits and incentives.

Employees should be well-informed about the full spectrum of offerings through channels such as emails, company intranet, and informational sessions.

There are countries where certain employee benefits are mandatory and employers can not afford to hold back on them.

Stay informed about local, state, and federal regulations governing employee benefits in your region. This legal requirement ensures compliance, mitigates risks, and upholds the trust of employees.

While it’s good to keep employees motivated with these benefits, there are a lot of things that do not produce desired results for a myriad of reasons and the major one being that employee needs and preferences evolve over time.

Regularly assess the effectiveness of benefits programs and be open to adapting them to align with changing circumstances and industry trends.

During evaluation sessions, feedback should be actively sought from employees regarding their satisfaction with existing benefits and any suggestions for improvement. This engagement not only ensures benefits remain relevant but also fosters a culture of transparency and collaboration.

Finally, while we now agree that the definition and naming of employee benefits are contextually different, if you have come this far, you more likely have a framework to strategically implement benefits in your organisation.

Navigating the complexities and competitiveness of the modern workforce can be quite daunting at times.

By recognizing the intrinsic link between employee well-being and organisational success, employers can leverage benefits as a strategic tool, ultimately fostering innovation, productivity, and a positive corporate culture. In the ever-evolving landscape of the modern workplace, a clear understanding of employee benefits positions organisations to cultivate environments that attract, retain, and nurture top talent.

Flance | New work by Flance

New Work by Flance

Top 10 Gyms in Lagos

Top 10 Gyms in Lagos

Top 10 Gyms in Abuja

Flance and Andela Partner to Empower Tech Professionals With Comprehensive Wellness Tools

The World’s Top Companies Invest in Employee Health and Wellness - Why Yours Should Too.

Flance Partners With Deel to Bring Unmatched Health & Wellness Benefits to Its Remote Team

Raison d’etre

Understanding Employee Benefits for Businesses

Flance Partners With Bolt to Provide Drivers With Healthcare