All Case studies articles – Page 77
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Case Studies
Easyjet's share schemes take off
Luton-based budget airline Easyjet has achieved wide share ownership among its 7,000 staff.It runs two UK all-employee plans: a sharesave scheme, which has achieved the equivalent of 45 percent-50 percent participation among eligible employees, and a share incentive plan, which has about 1,600 members. Similar schemes are also in place ...
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Case Studies
Grant Thornton merger boosts pension take-up
Grant Thornton introduced a flexible benefits scheme and increased the take-up of pension benefits when it launched its new stakeholder pension after its merger with accountancy firm Robson Rhodes in July 2007.These perks were introduced to its 4,200-strong workforce in April 2008.Under the terms of the companies' previous pension schemes, ...
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Case Studies
Case study: McDonald's puts perks on the menu for all staff
This affects its approach to benefits. Neal Blackshire, benefits and compensation manager, says: “Whenever we introduce a benefit we try to make it as applicable to as many as possible.” A prime example is its bike scheme. “The government’s cycle-to-work scheme is offered through salary sacrifice, so wouldn’t have been ...
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Case Studies
Case study: Mintel researches perks' spend
As well as tapping staff for their views, Steve Charlton, director of HR, benchmarks Mintel against the benefits offered by other employers. "We continuously check that we are offering the benefits that our employees want through an annual employee survey, as well as reviewing lists of most admired companies to ...
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Case Studies
Crawley Borough Council
Sarah Barnes, the council's human resources manager, believes it is pointless spending out large sums of money on perks if employees don't use them."We recently produced our first personalised annual benefits statement for staff, which outlined the range of benefits of working for the council," she says.The statements set out ...
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Case Studies
Eden Project employees help cultivate their package
Leah Brewer, people development manager at the ecological attraction, says: "A working party of employees drafts the proposed reward package for the forthcoming year, working alongside me." She adds that by talking to staff to find out what is important to them, the organisation can then look into the potential ...
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Case Studies
Employer profile: Kent County Council
Affectionately known as the garden of England, Kent connects London to the south coast of the country. The landscape of this sprawling home county varies from meadows, orchards and valleys to the White Cliffs of Dover and long, sandy beaches.Its local authority, Kent County Council, has a workforce as varied ...
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Case Studies
Newcastle City Council scores with football imagery
Newcastle City Council uses football-themed communication materials to promote its childcare voucher scheme to male staff.It revamped the way it promotes the benefit at the beginning of this year after the scheme, which launched in 2006, received a lower-than-average take-up. The HR team worked with its provider, Accor Services, to ...
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Case Studies
Case study: Misys offers wide pension fund choice
Misys offers a range of 11 funds to members of its £120m pension scheme, available through Prudential's platform.These include index funds and an ethical fund from Legal & General, a corporate bond and a cash fund from M&G, and a property fund run by Threadneedle. With advice from consultants Watson ...
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Case Studies
Employer profile: Citigroup
A state-of-the-art health centre is just the start of Citigroup’s care for its staff, says Jenny KeefeUp on the 36th floor, with a vista that stretches across Canary Wharf and the river Thames, Citigroup’s (otherwise known as Citi) health centre is as far removed from the average GP’s surgery as ...
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Case Studies
Case study: Coventry Building Society takes steps to limit employee stress
Coventry Building Society employs 1,300 people across the Greater Midlands region including at three head offices in Coventry. A couple of years ago it overhauled its employee benefits programme to help look after the health of its workforce.Tina Jones, HR project manager at Coventry Building Society, says: “Stress is a ...
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Case Studies
Case study: Lloyds TSB makes use of shared services model
Lloyds TSB, which employs 63,000 staff across its three main business divisions: UK retail banking, wholesale banking and the branch network, has made use of a shared services model to varying degrees around its benefits provision for more than five years.The high street bank currently uses this approach for services ...
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Case Studies
Case study: Kellogg's offers support to staff in times of crisis
With its roots in improving health through diet, it is perhaps not surprising that Kellogg’s is committed to supporting its employees as much as possible in times of crisis.Jacqueline Grainger, UK HR director, says: “We believe it is important to create an environment where work and life commitments can be ...
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Case Studies
Case study: Tullett Prebon
Wholesale financial markets intermediary Tullett Prebon has re-broked its income protection scheme annually since 2004. It began using Jelf Group for the exercise last year.Debbie Lamb, benefits consultant, says: "Income protection is a developing market and I am always looking to see if there is a better deal available. If ...
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Case Studies
Case study: Eurotunnel
Case study: EurotunnelEurotunnel established a governance committee for the defined contribution (DC) scheme it opened in October 2006 which replaced its final salary scheme. Its terms of reference include responsibility for monitoring the pension provider and the range of funds, identifying member risks, reviewing member communications and death-in-service nominations, and ...
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Case Studies
Case study: The Wellcome Trust Sanger Institute
Case study: The Wellcome Trust Sanger InstituteGenetic research centre the Wellcome Trust Sanger Institute uses canny communication to help employees crack the pensions code.The institute lets staff know how its defined benefit (DB) fund is performing in an annual newsletter, as well as through regular one-to-one pensions surgeries for the ...
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Case Studies
Employer profile: Novartis
Healthcare issues, drug trials and medication never seem too far from the news headlines, so the success of a pharmaceutical firm depends not just on how well its products can prevent and cure illness, but on the company’s integrity and ethical stance. Maintaining a positive public image can be a ...
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Case Studies
Case Study: Wellcome trust Sanger Institute
Genetic research centre the Wellcome Trust Sanger Institute uses canny communication to help employees crack the pensions code. The institute lets staff know how its defined benefit (DB) fund is performing in an annual newsletter, as well as through regular one-to-one pensions surgeries for the scheme's 800 members.Kathryn Fenn, head ...
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Case Studies
Case study: Humberside police build relationship with union
Humberside Police tries hard to build a solid relationship with Unison, the trade union that represents the majority of police staff within the UK.Instead of approaching Unison with a them-and-us attitude, Humberside Police makes managers available for Unison representatives to discuss issues around levels of pay or pension benefits, and ...
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Case Studies
Employer Profile: Penguin Books
Penguin Books mixes benefits provided by parent company Pearson with locally-negotiated perks to cater to workforce needs, says David WoodsA comforting way of spending a cold rainy night is to curl up on the sofa with a good book. However, the idea of turning the pages of a paperback may ...