All Case studies articles – Page 62
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Case Studies
B&Q aims to build loyalty
B&Q, part of Kingfisher Group, offers both a sharesave and a Sip to help build long-term staff loyalty. The sharesave scheme was first introduced in 1993, and the Sip in April 2011.Last December, Kingfisher’s three and five-year SAYE schemes matured. Staff in the three-year scheme, which started in 2008, gained ...
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Case Studies
L'Oreal gives pension scheme a makeover
When beauty product company L’Oreal decided its pension scheme needed a makeover, it asked its employees what they wanted, says Padraig FloydL’Oreal is a company that divides the nation. Its TV adverts are incomprehensible to most men, yet women in their millions consume the products advertised on a daily basis.It ...
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Case Studies
ICAP conducts review of sickness absence
Interdealer money broker ICAP conducted a major review of its sickness absence strategy three years ago, involving an analysis of its absence data with Bluefin Corporate Consulting. The review led to the introduction of an occupational health scheme.The firm, which has 1,600 UK staff, aimed to target absence related to ...
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Case Studies
McDonald's had own bike scheme
McDonald’s Restaurants ran a bikes programme in May and June 2007 in response to staff feedback. Its ‘On your bike’ scheme, which was not part of the government-sponsored bikes-for-work scheme, enabled staff to buy a range of bikes and accessories at discounts of up to 60%.The restaurant chain has 70,000 ...
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Case Studies
Virgin staff offered bike choices
Virgin Media launched its first bikes-for-work scheme, Ride2Work, in November 2011 after a staff survey showed it was the most popular choice of possible new benefits.The telecoms firm gives staff a range of choices at the end of the scheme’s hire period. At the end of the 12-month contract, ownership ...
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Case Studies
Source takes employees sailing and skiing
Media recruitment firm Source boosts employee engagement with quarterly nights out for the whole company, plus weekend trips away twice a year.These events are kept separate from work-related activities, and range from dinner and drinks to go-karting, bowling, medieval banquet nights, wine tasting and a karaoke party on a private ...
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Case Studies
People management leaders deliver KPMG policies
In 2005, professional services firm KPMG appointed between 350 and 400 employees working in internal and client-facing parts of the business as people management leaders, who could deliver the employer’s reward policies.The leaders, who typically manage teams of between 10 and 50 employees, have the autonomy to award pay rises ...
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Case Studies
Oracle promotes personal choice for employees
Vance Kearney, vice-president for HR, Europe, Middle East and Africa (EMEA) at Oracle, is a champion of tough love, hence his creation of an employee benefits package based on personal responsibility, rather than a welfare state-esque dependency, at the technology firm.Kearney has worked hard during his 20-year tenure to evolve ...
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Case Studies
Case study: CPP introduced a corporate Isa to flex
CPP, the card protection company based in York, introduced a corporate Isa to its flexible benefit scheme last year as part of the annual renewal process.Alanna Knighton, reward manager, says there were two reasons for this. “The new pension rules loweredthe lifetime cap for higher earners, so they were looking ...
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Case Studies
Case study: Standard Life give staff the tools to choose
As one of the UK’s best-known retirement income providers, it is no great surprise that Standard Life holds pensions in high regard for its own employees.The financial services company says pensions are the most important benefit for its workforce and is the foundation of its total reward package.The insurer already ...
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Case Studies
Case study: Volunteering is a revelation for Cancer Research staff
Cancer Research UK avoids traditional team-building days, instead encouraging all of its 3,500 employees to take part in volunteering days away from the office.These include working in Cancer Research shops during the busy Christmas period. Jane Vivier, the charity’s reward and recognition manager, says: “We offer opportunities which benefit individuals, ...
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Case Studies
Incisive Media finds a balance on healthcare overseas
With offices in locations such as Hong Kong, New York and Singapore, it is not surprising that overseas assignments are high on the agenda of the benefits team at business-to-business publisher, Incisive Media.Although it is essential to look after employees’ health and wellbeing wherever they are, international medical insurance is ...
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Case Studies
Case study: Awaydays drive engagement at Enterprise Rent-A-Car
Car hire company, Enterprise Rent-A-Car, which employs 3,000 staff in the UK, runs various awaydays throughout the year.These include monthly Elite Club events, a sales incentive in which the top 10 performers from each region are treated to a day out or a weekend away as a reward for sales ...
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Case Studies
Case study: Argos staff plan a robbery
Milton Keynes-based retail giant Argos runs ad-hoc awaydays for employees, often incorporating team-building activities with the aim of promoting closer working between teams and departments.At an awayday in December, organised in conjunction with events company Spy Games, a 35-strong team took part in an activity called Diamond Heist. Staff were ...
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Case Studies
Case study: Lilly keen to educate staff
Auto-enrolment has motivated Lilly UK to improve its employee financial education programme in the last two years.Julie Osman, director of pensions and benefits at the firm, says: “We wanted people to make informedchoices about the benefits they had, to be able to maximise them and be a little more informed ...
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Case Studies
Case study: Santander consolidates car offering with salary sacrifice scheme
Banking giant Santander introduced a salary sacrifice car scheme to consolidate its car offering for all its 30,000 UK staff after acquiring high-street brands, such as Abbey National, Bradford and Bingley and Alliance and Leicester.The scheme was launched in October 2011 and by the end of January 2012 had a ...
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Case Studies
Case study: Cheshire West and Chester Council reduces salary sacrifice car scheme risks
Cheshire West and Chester Council reduced the risks associated with its salary sacrifice car scheme by insisting that participating employees take out early termination insurance.Debbie Thompson, reward manager at the council, says: “It is very important to make some decisions up front. If you have decided where you are coming ...
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Case Studies
Alexander Mann challenged advisers for top results
Alexander Mann Solutions took a more commercial approach to its last review of its employee benefits package, which included scenario modelling and much tougher negotiations with its adviser, Thomsons Online Benefits, to achieve a cost-effective result.This was prompted by the revelation of an eye-watering private medical insurance (PMI) premium for ...
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Case Studies
Online tool handles global flex for Trowers and Hamlins
International law firm Trowers and Hamlins has about 700 employees and partners, with more than 150 of these based in the United Arab Emirates, Bahrain, Oman and Egypt.Three years ago, the firm decided to ensure its reward package would increase awareness, appreciation and participation in employee benefits, and also improve ...
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Case Studies
Case study: Kingfisher share scheme promotes teamwork
In December 2011, about 2,000 employees at B&Q and Screwfix found themselves with a bit of extra cash before Christmas, after a three-year sharesave scheme reached maturity.The scheme paid out a total of £13.8 million - a gain of £7.4 million - with employees making an average of £3,516.Louise Bentham, ...