case studies – Page 6
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Case Studies
Infographic: Total reward in numbers
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Case Studies
UK Power Networks demonstrates value of employment through total reward statements
For UK Power Networks, a total reward statement (TRS) holds two key attributes: the first is that it presents employees with an overall monetary value of their benefits package. The statement gives a breakdown of an individual’s benefits and remuneration for the previous year, and includes elements like pay, bonuses, ...
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Case Studies
Sir Robert McAlpine motivates staff with total reward approach
With construction sector vacancies currently running at a 20-year high, construction and civil engineering business Sir Robert McAlpine is all too keenly aware of the importance of getting the balance right when it comes to reward and recognition, argues executive director of people and infrastructure Karen Brookes.“It is something that, ...
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Case Studies
Advanced adapts its total reward strategy to meet employee needs
Advanced is a provider of business software with 2,400 employees. As the UK faces The Great Resignation head-on, the organisation understands how important employee benefits and reward schemes are in making it an attractive prospect, not only for acquiring new talent, but also for increasing employee retention and satisfaction.Chief people ...
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Case Studies
DWF offers staff salary sacrifice pension scheme
DWF is a global provider of integrated legal and business services. It employs approximately 4,000 members of staff and has more than 30 offices across the globe.The firm introduced a salary sacrifice pension scheme in 2013 in line with the UK's auto-enrolment legislation, which enables staff and the business to ...
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Case Studies
Podcast: How Sovereign Housing Association takes a total reward approach to supporting employees
tynanbarton · Sovereign Housing Association/Employee Benefits podcastListen: In this episode of the Employee Benefits podcast, Marie Wood, head of reward, discusses Sovereign Housing Association's approach to benefits.Wood explains how the organisation responded to the Covid-19 (Coronavirus) pandemic and subsequent lockdowns by reviewing its benefits package and making adaptions where necessary, ...
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Case Studies
The benefits on offer at Sovereign Housing Association
The benefits offered by Sovereign Housing Association:Pension and group riskA defined contribution (DC) salary sacrifice pension scheme for all employees, with employer-matched contributions up to a total of 12% (employee/employer).Life assurance for all employees at four times salary.Healthcare and wellbeingPrivate medical insurance (PMI) scheme, employer paid for all employees with ...
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Case Studies
Metro Bank enhances staff benefits offering during the pandemic
UK community bank Metro Bank has 4,500 colleagues and offers retail, business, commercial and private banking services, and currently has more than two million active customer accounts. Its network of 78 stores are open seven days a week and 362 days a year, with UK-based contact centres open 24 hours ...
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Case Studies
The benefits on offer at Herbert Smith Freehills
The benefits offered by Herbert Smith Freehills:PensionA defined contribution (DC) pension scheme for all employees, with employer-matched contributions up to a total of 16% (employee/employer).Healthcare and wellbeingPrivate medical insurance (PMI) scheme, employer paid for all employees and their families.Income protection, employer paid for all employees.Health screening, employee paid.Health cash plan, ...
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Case Studies
Podcast: Herbert Smith Freehills ensures its reward strategy is pandemic proof
tynanbarton · Herbert Smith Freehills/Employee Benefits podcastListen: Ellie Vaughan, head of reward and benefits at Herbert Smith Freehills (HSF), talks about the changes the law firm has made to its reward strategy in the past year.When the Covid-19 (Coronavirus) pandemic hit, the employer quickly assessed which of its benefits were ...
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Case Studies
The benefits on offer at Global Marine Group
The benefits offered to UK employees at Global Marine Group:PensionA group personal pension (GPP) for all employees with matched contributions at 7.5%.Closed defined benefit (DB) scheme.Healthcare and group riskPrivate medical insurance (PMI) scheme with Axa PPP, employer-funded for all employees.Health cash plan for all employees with Medicash, employee paid.Employee assistance ...
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Case Studies
The benefits offered by Investigo
The benefits on offer at Investigo: Pension and group riskAuto-enrolment pension scheme for all employees on completion of three months' service, with 5% of qualifying earnings minimum contribution for employee and 3% for the employer. Employees can increase their contributions.Group income protection, employer paid, for all employees after probation period.Financial ...
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Case Studies
HLM Architects incorporates flexible working into total reward package
Architecture firm HLM Architects employs more than 180 people across five UK studios, and has been accredited as a world-class company for workplace engagement by Best Companies.Following its transition to an employee ownership model in December 2020, HLM Architects introduced its Smart Blend flexible working pilot scheme in May 2021, ...
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Case Studies
The benefits offered by Aster Group
The benefits on offer at Aster Group: Pension and financial wellbeingThe Social Housing Pension Scheme (SHPS) master trust, available for all employees with auto-enrolment contribution levels of 4% employee and 4% employer.Financial webinars.Pension one-to-ones, employer-paid.Retirement modeller.Healthcare and wellbeingHealth cash plans with Simply Health for all employees, employer-funded at level one, ...
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Case Studies
The benefits offered by Avison Young
The benefits offered by Avison YoungPension A group personal pension (GPP) for all employeesHealthcare and group riskPrivate medical insurance: employer funded as a core benefit dependent on job grade, all employees are able to buy through the flexible benefits scheme.Group income protection: employer funded for all employees.Dental insurance: Available to ...
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Case Studies
Reinventing benefits: Future of Work in numbers
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Case Studies
University of Lincoln adapts benefits strategy in order to provide valued rewards
For the employee benefits team at the University of Lincoln, the arrival of Covid-19 meant having to react quickly to ensure its benefits offering remained viable and relevant.A number of benefits were put on the back burner, including its car purchase scheme and discounts around season tickets, staff parking, holidays, ...
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Case Studies
The benefits offered by Gerald Eve
The benefits offered by Gerald Eve:PensionsGroup self-invested personal pension (Sipp), open to all employees. The employer will match contributions from 4.5% to 6%.Healthcare and group riskPrivate medical insurance: employer-paid for all employees, with the option to add dependants at emloyee's own cost.Life assurance.Group income protection: employer-paid for all employees.Dental insurance: ...
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Case Studies
The benefits offered by Ipsos Mori
The benefits offered by Ipsos Mori:Pensions and financial wellbeing:A contract-based group self-invested personal pension: employer contribution is 6%, employee contribution is 4%.Lifetime individual savings account (Lisa), workplace Isa and junior Isa.Monthly financial education programme: topics include pensions, credit ratings and financial wellbeing, savings and investments, protection policies and inheritance tax ...
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Case Studies
Ipsos Mori ensures employee wellbeing ranks high on the agenda
At Ipsos Mori, employees are at the centre of everything the organisation does, and it follows that any benefits that are introduced serve the purpose of meeting employees’ needs. This approach means the market research organisation has made a number of changes to its reward stategy in order to support ...