what benefit plan approach do you recommend: fixed or flex? If a flexible benefit plan, what type do you recommend and why?

The Organization Global Children's Charity (GCC) is a mid-sized charitable organization with 375 staff its head office is located in Toronto with a western office in Calgary and an easter office in Montreal. The organization has recently significantly downsized in employee size by 15% to reduce operational costs so that a greater level of money can be directed to its work for children in developing countries. The senior management team (SMT) has decided it needs to review its total compensation program to identify potential cost savings. . . . . Current Situation Given the recent changes, GCC recognizes that it will be important to re-engage its current team of staff to the work at hand_to ensure that every child has every chance to survive. GCC also recognizes that to remain a leading charitable organization in Canada, it needs to attract a high caliber of talent GCC S workforce of 375 staff cuts across 4 distinct generations 10% Veterans (age 50 plus) 40% Boomers (40 to 50 years) 30% Gen-X (30 to 40 years) 20% Gen-Y (below 30 years) GCC currently offers a fixed group benefits plan and it is up for renewal April 19 2022. The following chart is a breakdown of key benefit plan demographics Additionally . All premiums are 100% paid by GCC Medical expenses are reimbursed at 100% through a Pay Direct method Dental expenses are reimbursed at 100% with no reimbursement limitations Single Family 2018 Annual 2018 Total Coverage Coverage Group Benefit Compensation Costs Full Time 325 225 100 1690 000 16 900 000 Part Time 50 0 50 260.000 2600,000 Total 375 225 150 1,950,000 19,500,000 Given that GCC is a mature organization, recovering from a significant reorganization and in the non-profit sector GCCs Senior Management Team (SMT) would like to consider a re-designed plan that will Offer greater flexibility, > Offer Accidental Death and Dismemberment (AD&D) coverage, and Introduce cost containment strategies to help reduce costs