All Case studies articles – Page 68
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Case Studies
Case study: Salary sacrifice buoys Severn Trent Water staff
Severn Trent Water introduced its SmartWater benefit in January 2010, which enables employees to pay their water bill through a salary sacrifice arrangement.The company bills about 3.5 million customers throughout the Midlands, a number of whom are its own employees. In the first year of SmartWater, 1,500 of the firm's ...
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Case Studies
Case study: Tasty bonus for McDonald’s employees
McDonald’s gives its 85,000 UK staff an employee discount card as soon as they begin work with the chain.The card offers staff five standard discounts, including a medium extra value meal for £2.99, a breakfast extra value meal for £1.99, or a toasted deli sandwich meal for £2.99. There is ...
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Case Studies
Case study: Yorkshire Water goes back to paper total reward statements
Yorkshire Water, which first introduced total reward statements in 2006, tried issuing them online in 2007 but hassince returned to paper.Its change of heart followed lower-than expected logins achieved by the online statements, which it put down toemployees needing to remember to log in – a particular issue for its ...
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Case Studies
Case study: Employee savings check out at Asda
Asda offers its staff a 10% discount card after three months service. The card can be used in any Asda store in the UK and in any global Walmart, Asda's parent company. Using the card, Asda's 175,000 staff save over £60 million a year.When Asda launched an online voluntary benefits ...
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Case Studies
Case study: City and Guilds takes advantage of partner suppliers for benefits
Vocational qualification awarding body City and Guilds saw the need to deliver value to staff at a time when reward is under pressure, so it took advantage of the partnership between Thomsons Online Benefits and Asperity Employee Benefits.Under the providers’ joint venture, formed in 2008, Thomsons offers Asperity’s Reward Gateway ...
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Case Studies
Case study: David Lloyd Leisure gets perks in shape
When David Lloyd Leisure (DLL) introduced a flexible benefits plan in June 2010, it incorporated its existing voluntary benefits scheme into the new offering.The flex scheme includes a health cash plan, bikes for work, childcare vouchers, critical illness insurance, private medical insurance, a discount scheme, salary sacrifice company cars, holiday ...
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Article
Case study: Financial education workshops pay off for BGL Group staff
Insurance broker the BGL Group has added a financial education programme to the range of benefits it offers its 2,100 employees.Lucy Painter, associate director for shared services group HR at the company, says: “We already run pension seminars and one-to-one sessions with our pensions consultant, AWD Chase de Vere, as ...
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Case Studies
Case study: Barbon boosts staff engagement through benefits
Insurance brokerage and services provider Barbon, which has 750 employees, emerged as a successful standalone business after its parent, a property company, collapsed in 2008. At the time of its parent’s demise, no benefits were offered to staff and turnover was high.Retaining talent became a key objective for the new ...
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Article
Case study: BT transmits a model approach to financial education
BT offers a voluntary programme of financial education for employees aged over 50 to help them begin planning for retirement. This includes seminars, offered in conjunction with provider Wealth at Work, as well as BT’s own online pensions modelling tool.Dennis Gissing, head of people practices at BT, says: “We have ...
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Case Studies
Case study: Northumbrian Water taps savings through tax-efficient benefits
Northumbrian Water offers a range of tax-efficient benefits that help its 3,000 employees to make savings.The water and waste supplier has offered childcare vouchers, bikes for work and holiday buying via salary sacrifice since 2006. In 2008, it brought in a scheme whereby staff can pay their water bills via ...
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Case Studies
Case study: BP oils the wheels for staff on pension tax changes
BP has responded to the new pension contribution limits with a raft of education and support for employees.Ronnie Murray, head of UK pensions and benefits, is keen to ensure all staff are up to speed on the new rules. "We recognise that BP can, and should, help employees understand the ...
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Case Studies
Case study: Bird and Bird will offer pension support
There will be no surprise tax bills at City law firm Bird and Bird, where staff will be supported through the new pension contribution limits.Tanya Bohm, senior rewards and benefits officer, says: "It is important all employees are fully informed and aware of the limits surrounding pension contributions and the ...
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Case Studies
Case study: Asda uses Facebook campaign to promote share scheme
Asda began offering its sharesave plan in 1982 and has used different marketing tools to build take-up each year. Last year, the supermarket giant, supported by Computershare Plan Managers, introduced a Facebook page topromote the scheme to younger staff.Laura Wilcock, shares manager at Asda, says: “We have always found sharesave ...
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Case Studies
Case study: University of Lincoln studies retirement age implications for benefits
The University of Lincoln has 1,300 staff, 30% of them aged over 50. The organisation is reviewing its benefits package to account for any impact of the removal of the default retirement age.Ian Hodson, reward and benefits manager at the university, says: “I see the removal of the DRA in ...
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Case Studies
Case study: Nationwide embraces age diversity
About 13% of Nationwide Building Society’s staff are aged over 50. It introduced flexible retirement to age 75 in 2005, ensuring benefits that were applicable before the normal retirement age applied if an employee stayed on after 65.Nationwide extended the benefits that were available to age 75 and self-insured benefits ...
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Case Studies
Case study: Trader Media offers self-service fleet scheme
Trader Media Group (TMG) fully outsourced the management of its cash allowance scheme and car fleet to Zenith Provecta in 2009.The publisher, which owns the Auto Trader website, runs a fully expensed company car and fuel card scheme for its 256 essential business drivers, most of whom work in sales ...
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Case Studies
Case study: Cable and Wireless broadcasts a win-win fleet solution
Cable and Wireless Worldwide launched an environmentally friendly, cost-conscious, salary-sacrifice car scheme for its 5,000-plus UK staff at the beginning of August 2010.The scheme is set up on a two-year basis and is available for employees to join at any time. After the two years, staff can choose to return ...
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Case Studies
Case study: Sodexo motivates staff with thank-you points
Sodexo Remote Sites Scotland operates a points-based recognition scheme for its 1,000 UK staff. This includes longservice awards, thankyou cards, an award for great ideas, and a site of the month.Line managers and peers can send postcards thanking someone for going the extra mile. It is part of an instant ...
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Case Studies
Case study: CSC logs into corporate wrap platform feedback
IT company CSC continually reviews its corporate wrap proposition to ensure it remains relevant and useful for employees. It introduced the Mymoneyworks platform, which it helped provider Scottish Widows to develop,for CSC’s 7,500 UK staff in July 2010. Since then, 2,300 staff have enrolled to use it.The platform includes the ...
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Case Studies
Case study: CPI plays local variation card
CPI Card Group operates regional variations in base salary, premiums and incentive schemes.The plastic cards and services supplier also offers local discounts alongside national deals in its voluntary benefits scheme. The plan, introduced in 2009 and provided by Lealta Benefits, is available to 250 staff across two sites.Alec Smith, HR ...