Case studies – Page 68
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
Case Studies
Case study: FirstGroup focuses on age for pension investment strategy
?FirstGroup has designed the investment strategy for its contract-based defined contribution (DC) pension schemes to take account of an employee’s age and appetite for risk.The transport operator, which runs two contact-based DC plans in the UK, has devised a series of investment options based on these criteria and has created ...
-
Case Studies
Case study: Many assets classes reduce pension fund risk for Towry
Towry focused on the diversification of asset classes when designing the investment strategy for its group personal pension (GPP) scheme. After switching its pension provider from Axa to Zurich in 2009, the financial advice firm was able to offer its own funds to scheme members. This means staff can access ...
-
Case Studies
Case study: Ford drives up number of returning mums
Ford Motor Company offers maternity leave of 52 weeks at 100% of pay. All employee benefits, including pension contributions and company car, continue throughout that period. The company, which has 12,000 staff in the UK, won ‘Best for maternity’ in Working Families’ Top Employers awards 2010.Ford operates a buddy system ...
-
Case Studies
Case study: NHS Bradford and Airedale District Support Service seeks a work-family balance
NHS Bradford and Airedale District Support Service has a number of schemes that are tailored to support its17,000 staff in achieving a healthy balance between work and family.Its Childcare Support Services won ‘Most effective benefits strategy for working parents and carers’ at the Employee Benefits Awards 2010.Since its programme was ...
-
Case Studies
Case study: Julius Baer banks on international pension plan
Swiss private banking group Bank Julius Baer offers an international pension plan for 70 employees in locations such as Singapore, Egypt and Latin America. A further 60 staff are covered by a subplan in Dubai and Abu Dhabi.The scheme, which has been in place for four years, is administered in ...