The Modern Individual Choice Budget (IKB)

The Modern Individual Choice Budget (IKB)

The Modern Individual Choice Budget (IKB)

Sep 12, 2025

Every employee is unique; benefits should be just as diverse as our teams. Research shows 41% would like greater say. That’s why we’re introducing a renewed, more flexible Individual Choice Budget (IKB). With this modern IKB, your team can tailor their benefits to what truly fits their needs.

In this guide, you’ll learn:

  • How the modern IKB works and the value it delivers for your organisation

  • Examples of popular choices within IKB (e.g. sport, time off, work-life balance)

  • Practical tips for a successful implementation

  • How HR can keep control while giving employees freedom