Case studies – Page 72
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Case Studies
Case study: Catlin's extended employee share scheme
Insurance company Catlin extended its employee share scheme in September last year to include staff in Bermuda, Germany, Canada and Singapore using its UK sharesave model as a global template.The firm, which employs 1,300 staff globally, previously offered a sharesave (save-as-you-earn) scheme to 699 UK staff and a stock purchase ...
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Case Studies
Case study: international share plan at Shell
When Royal Dutch Shell launched a global employee share purchase plan, it attracted more than 12,200 staff saving in 36 currencies across 51 countries.Pam Roffe, manager, share plans, says a key message at Shell has been to eliminate unnecessary work, and to standardise, simplify and automate. This included the share ...
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Case Studies
Case study: Port of London Authority buoyant over benefits
The Port of London Authority looked to re-engage staff as it felt they did not understand the full value of the benefits they received beyond base pay, meaning these were not fully appreciated.†In 2006, it took steps to tackle the issue by implementing total reward statements in conjunction with provider ...
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Case Studies
Case study: RS Components focuses on total reward
Corby-based RS Components, part of the Electrocomponents Group, has been analysing its UK reward strategy for the past two years. The recession has increased the importance of this work.The global company, which distributes industrial components, went through a major restructuring programme and, from a business point of view, is focusing ...
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Case Studies
Employer profile: Sony UK
Sony UK has invested in lifestyle facilities to keep its employees fully energised for maximum performance, says Debbie LovewellThe location of Sony UK’s head office on the site of the old Brooklands motor racing circuit is perhaps apt for an organisation that has an initiative called ‘Firing on all cylinders’ ...
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Case Studies
Case study: Marks and Spencer sets store by education
Marks and Spencer (M&S) offers financial education to all staff. It targets its 60,000-plus store staff through seminars and leaflets in association with the Financial Services Authority's 'Money matters' programme, and its management staff through a partnership with Wealth at Work. The retailer's head of employment relations and reward, Deborah ...
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Case Studies
Case study: Axa
Axa's online 'My budget day' resource is at the core of the insurance company's financial education programme for employees.The emphasis is on continuous financial management, with all employees being allowed to take an hour of their working time each month to use the site, which offers a number of interactive ...
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Case Studies
Case study: Blaenau Gwent County Council
Blaenau Gwent County Council saw the Financial Services Authority's 'Making the most of your money' seminars as a useful benefit to offer staff at a time when many were feeling the pinch financially.Julie Morgan, HR manager at the Welsh council, says: "We felt it was a good employee benefit and ...
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Case Studies
Case study: Royal Bank of Scotland gives credit for local choices
Communications have been central to the Royal Bank of Scotland Group (RBS) rolling out its successful flexible benefits programme, RBSelect, to an international workforce.The solution was a communications toolkit – a suite of options from which local managers could select, according to their country’s particular requirements and budget.Jim Cowan, a ...
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Case Studies
Employer profile: Amey
Public services provider Amey is focusing on staff health and wellbeing to help it cope with rapid expansion, says Nicola SullivanBusiness is booming for public services provider Amey. The company has a forward-order book of work worthmore than £7 billion, subject to the finalisation of a £2.7 billion highways maintenance ...
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Case Studies
Employer profile: Asda
Employee involvement is a big part of Asda Stores’ operational philosophy – and that can include a visit to the Dragons’ Den, says Tom WashingtonThere aren’t many jobs where making suggestions to your boss results in you pitching your idea to the formidable Dragons’ Den star Peter Jones. But at ...
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Case Studies
Case Study: Northern Rail keeps Christmas perks
Northern Rail will not be reducing Christmas perks for its 4,800-strong workforce this year.As it did last year, the company will distribute a retail voucher worth £25 to each member of staff in December to reward them for their hard work throughout the year.The vouchers, provided by Grass Roots, can ...
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Case Studies
Voluntary benefits report 2009: profile on IBM
Computer giant IBM UK is making full use of state-of-the-art technology to maximise staff take-up of voluntary benefits, says Nicola SullivanAchieving higher-than-average employee take-up levels for a voluntary benefits scheme is no mean feat. But by using the latest technology, a robust communications strategy and offering an extensive range of ...
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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 ...