All Case studies articles – Page 73
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Case Studies
Case Study: Abbey banks on childcare vouchers
Feedback from staff at Abbey suggests they greatly value the childcare vouchers that are an integral part of the bank’s benefits package.Ian Cunningham, reward consultant at Abbey, says: “Employees are in favour of this benefit as it not only saves them income tax and NI contributions, but it also provides ...
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Case Studies
Case Study: Deloitte
Case Study: Salary sacrifice savings add up for DeloitteBack in February, accountancy and business advisory firm Deloitte introduced a salary sacrifice-based company car scheme for its 12,000 UK employees.Since then, about half that number have registered for a quote and 400 confirmed orders have been taken. Mike Moore, director of ...
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Case Studies
Case Study: Carphone Warehouse
Case Study: Carphone Warehouse hangs up on commissionCarphone Warehouse removed commission from all its London stores in November 2008. Following a successful trial, it has now extended this to its 820 stores across the UK.Andrew Harrison, Carphone Warehouse chief executive, says the organisation recognised that the mobile phone retail industry ...
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Case Studies
Employer profile: Pret A Manger
With a fun culture and a bonus system that rewards good customer service, staff at Pret A Manger seem a pretty happy bunch, reports Nicola SullivanA basement office deep in the bowels of a Pret A Manger store on Baker Street in London is probably not where you would expect ...
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Case Studies
Case study: Domino's Pizza - voluntary benefits plan
Case study: Domino's PizzaDomino's Pizza has not suffered as much as some other businesses in the recession, but that does not mean its staff are not on the lookout for a bargain. The company has offered its voluntary benefits scheme, Perks at Domino's, for a year and 67% of its ...
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Case Studies
Case Study: O2 Telefonica UK's holiday benefits
Mobile phone company O2 Telefonica UK decided to have a taste of its own medicine after publishing customer research that revealed almost one-third of Brits would forsake a holiday abroad this summer in favour of a break in the UK.To help employees join in the trend for holidaying in the ...
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Case Studies
Case Study: Babcock International
Babcock engineers a longevity swapEngineering firm Babcock International has done a deal to take the risk of retirees living longer than expected out of its defined benefit (DB) pension scheme.The deal, known as a longevity swap, paid Credit Suisse to take on the longevity risk. If employees live longer than ...
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Case Studies
Case Study: Computacenter
Honesty is the best policy for ComputacenterComputacenter is reviewing its benefits package with the aim of helping staff until better times arrive.Barry Hoffman, director of human resources, says: "In the current climate, staff value job security more than gimmicky perks. We are undertaking a review of all our benefits, working ...
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Case Studies
Case Study: Mace Group
Mace Group builds employee engagementConstruction group Mace is planning for recovery by building up its reward schemes, despite gloom in the sector.HR director Kath Knight explains: "Unlike many in our industry, Mace Group has not taken any action to reduce employee benefits during these challenging times. In fact, we have ...
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Case Studies
Case Study: Allianz offers staff pre-paid cards
Allianz offers a flexible premiumInsurance giant Allianz has offered employees its Spree Flex card - a pre-paid Mastercard giving discounts at selected high-street stores - through its flexible benefits scheme since November 2007.The card does not replace high-street discount vouchers, which staff can still obtain through Allianz's voluntary benefits scheme, ...
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Case Studies
Case Study: B&Q updates staff recognition scheme
B&Q tools up to reward achievementIn March, DIY retailer B&Q updated its ‘thank-you’ scheme to incorporate its new corporate giftcard product. The scheme is a way for B&Q’s 34,000 staff to recognise colleagues’ achievements at work.The new scheme includes a website, which employees visit to send electronic thank-you messages. Then, ...
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Case Studies
Case Study: Cofunds selects flexible benefits
Financial services company Cofunds operates in a sector where demand for talent is high and generous remuneration is expected, so it needed a package to support growth.It chose a flexible benefits plan to improve the perceived value of reward and, ultimately, to act as an effective recruitment and retention tool.The ...
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Case Studies
Case Study: Law Society staff take cash under flexible benefits scheme
Just over one in 10 (11.5%) of the Law Society’s 1,400 employees have opted to take cash instead of perks under the organisation’s new flexible benefits scheme, launched at the turn of the year.The scheme, called Your Flex, was introduced alongside performance-related pay and pensions salary sacrifice with the aim ...
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Case Studies
Case Study: Munich Re's business objectives for flexible benefits
Reinsurer Munich Re had specific business objectives in mind when it set up its flexible benefits scheme in 2007.The organisation had been operating as three distinct divisions, each with its own culture, workforce profile and benefits package. But employee engagement levels were generally low, and staff turnover in one of ...
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Case Studies
Employer profile: Telefonica O2 UK
As a leading player in a highly-competitive market, Telefonica O2 is keen to connect its staff to distinctively different reward, says Tom WashingtonLooking down over the hundreds of headset-wearing customer service staff working in Telefonica O2 UK’s vast Runcorn call centre brings the task of a reward manager sharply into ...
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Case Studies
Aviva uses employee benefits to maximise impact of rebrand
My Aviva Reward is an all-employee reward engagement programme at the heart of one of the largest financial services rebrands in the last 10 years. To implement the programme at the UK’s largest insurance group, Aviva, its UK Reward team worked with Caburn Hope to develop the new reward brand.Project ...
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Case Studies
Employer profile: Enterprise Rent-A-Car
Enterprise Rent-A-Car fosters an entrepreneurial spirit among its employees and rewards them accordingly, says Tom WashingtonWith big insurance companies faltering, the car manufacturing industry in crisis and corporate accounts being cut back, the global recession has threatened to put the brakes on the car rental industry. Some hire firms have ...
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Case Studies
Case study: The Scottish government
Case study: Government streamlines HRThe Scottish government uses HR software to improve efficiency and give employees more control over their long-term career development, as well to consolidate information on its human capital.The software and self-service system, provided by Oracle, allows the government to streamline administrative processes from the point an ...
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Case Studies
Case study: The Health Store
Case study: Healthy reduction in absenceThe Health Store, the UK's largest co-operatively owned buying group supplying health and wholefood retailers, has reduced staff absence levels after addressing human capital management with an integrated HR system. The organisation has reduced staff absence from 7% to 2% after introducing a system that ...
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Case Studies
Employer profile: Yorkshire and Clydesdale Banks
A philosophy of ‘boring is good’ has served Yorkshire and Clydesdale Banks well during the recession, but that description does not apply to its staff perks, says Tom WashingtonYorkshire Bank celebrates its 150th anniversary this year, and has seen off one or two recessions in its time. But given the ...