All Case studies articles – Page 61
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Case Studies
Cofunds calculates tax positions for flexible benefits
Cofunds, an independent platform for financial services, employs about 650 permanent staff at its London and Chelmsford offices.All employees are members of the company’s flexible benefits scheme and receive core benefits including private medical insurance (PMI), a 5% employer pension contribution and income protection.Flex options include childcare vouchers, a bikes-for-work ...
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Case Studies
Case study: SJ Berwin expands flexible benefits offering online
Law firm SJ Berwin launched a flexible benefits scheme in June 2011 to streamline its benefits offering, to communicate the perks staff already received contractually and to attract new talent to its 550-strong workforce.Peter Roberts, HR operations manager at SJ Berwin, says: “We have quite a range of employees. We ...
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Case Studies
GE harmonises flexible benefits
GE introduced a flexible benefits scheme for its entire 19,000-strong UK workforce last November in an effort to harmonise the benefits it offers across its four main business divisions (see below).Before the arrival of the scheme, which is called FlexChoice and provided by Vebnet, each of the businesses operating within ...
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Case Studies
City and Guilds in talks on corporate platform
City and Guilds is in the throes of deciding whether to implement a corporate platform to help it optimise the attractiveness of its benefits package, which includes private medical insurance (PMI), group income protection (GIP), childcare vouchers and a bikes-for-work scheme.Sangeeta Mistry, group reward manager, says: “We offer a really ...
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Case Studies
Case study: Sellafield powers up communication on childcare vouchers
Nuclear reprocessing site Sellafield has offered its 9,500 UK employees childcare vouchers for many years, but it continues to refresh its communications to ensure the value of the benefit is fully understood.Common employee questions include: Where can the vouchers be used? What kind of childcare is covered? How much saving ...
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Case Studies
Case study: Vinci builds childcare voucher take-up
Construction firm Vinci UK launched a communications campaign early this year to refresh its 4,000 employees’ knowledge of its childcare voucher scheme.The campaign, created with Vinci’s provider, Computershare Voucher Services, included benefits roadshows, online slides, posters and material in its maternity- and paternity-leave packages.Campaign content highlighted the variety of childcare ...
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Case Studies
Group income protection bridged the gap for The Wilson Organisation
Financial services provider The Wilson Organisation has had a group income protection (GIP) scheme, provided by Unum, in place for about 25 years.Group financial director John Steele says it is a legacy policy that was first introduced with the organisation’s defined benefit (DB) pension scheme. “The DB scheme needed to ...
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Case Studies
Ove Arup engineers smooth transition to group personal pension
Ove Arup and Partners International has taken a number of steps to engage and encourage its employees to save for their retirement since closing its defined benefit (DB) pension scheme in 2010, and more recently in the run-up to auto-enrolment, which will begin to be introduced next month.Pension roadshows, run ...
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Case Studies
FirstGroup staff take fast track to savings
FirstGroup offers its 38,000 staff a range of money-saving perks through a discount scheme it launched with Asperity Employee Benefits in March.The scheme offers discounts on 3,000 products and retailers, as well as cashback.Lisa Proctor, group reward manager at FirstGroup, says: “In these tough economic times, we wanted to help ...
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Case Studies
William Grant and Sons ensures tasty reward package
William Grant and Sons started distilling whisky in 1887, when the first Glenfiddich single malt ran from its stills on Christmas Day. The family-owned business then comprised William Grant and his five sons. Today, the company has more than 1,600 staff across 30 countries, working on six core brands and ...
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Case Studies
Case study: Svitzer corporate wrap platform offers savings flexibility
Svitzer UK offers a corporate wrap platform to give its staff flexibility in saving for their future. The wrap, introduced by the marine services firm last year, includes a group self-invested personal pension (Sipp) and an individual savings account (Isa).Staff can invest in a number of ways. For example, those ...
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Case Studies
FirstGroup up to speed with auto-enrolment hub
Transport operator FirstGroup will ensure its compliance with the reforms by introducing an auto-enrolment hub that will sit between its pension provision, payroll system, reward portal and communication processes.The firm conducted a beauty parade of potential providers in June and planned to make an appointment last month, ahead of its ...
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Case Studies
Allianz ensures awareness of staff wellbeing needs
Allianz manages employee stress through a comprehensive wellbeing programme that was launched in 2007 to engage its staff and boost morale. Some 58 wellbeing champions across the insurer’s 24 UK sites are tasked, on a voluntary basis, to devise events based on the company’s quarterly themes.This year’s themes include improving ...
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Case Studies
HarperCollins goes digital in reward and benefits
As the book publishing industry moves into the digitised space, HarperCollins’ director of people, John Athanasiou, is helping to ensure the firm’s benefits, communications and working patterns are aligned with this shift.Athanasiou is well equipped to oversee this change, thanks to seven years at Warner Music UK, latterly as head ...
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Case Studies
Case study: Cadbury made life sweeter for workers
Housing and education were key features of the employee benefits package at Cadbury Brothers in 1952, thanks to founder John Cadbury’s sons.In 1861, Richard and George Cadbury took over management of the Cadbury factory on Bridge Street, Birmingham, and began to take an interest in employees’ welfare. They created a ...
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Case Studies
Case study: Leeds builds on collaboration
Leeds Building Society's pay-setting process is a result of a collaborative process involving senior management and negotiations with its staff association.Becky Hewitt, head of HR at the mutual society, says: "The financial and economic context is key to the discussions and the remuneration committee and board are involved in the ...
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Case Studies
Case study: BT connects with staff health
As part of its Work Fit programme, BT Group promotes health and wellbeing to its 75,600 UK staff each year, covering topics such as cardiovascular health, diabetes, cancer, smoking, mental health and physical activity.The programme is communicated through BT’s intranet site, weekly emails, employee newsletters, leaflets and roadshows. BT also ...
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Case Studies
BT staff connect with sharesave and Sip
British Telecom Group (BT) runs both a sharesave and a share incentive plan (Sip).Some 46,000 (60%) of its staff belong to the sharesave scheme, administered by Equiniti, and invest an average of £150 a month, while 21,000 (28%) take part in the Sip, investing an average of just under £100 ...
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Case Studies
Informa gets the auto-enrolment message straight
Media company Informa spent the start of this year creating a strategy outlining its auto-enrolment objectives to ensure it is fully prepared for the reforms.Informa’s official staging date is June 2013, but it will comply with the legislation in January 2013, when the first salary sacrifice deductions are made for ...
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Case Studies
Case study: Isa is extra bonus at Allstate
Allstate is the largest IT employer in Northern Ireland, with more than 1,500 staff, to whom it pays a bonus each year.The company, which provides software development services and business process outsourcing to support its US parent’s global operations, offers a corporate Isa through Legal & General.“We are continually looking ...