Case studies – Page 75
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Case Studies
Employee benefits at Centrica
Overview of CentricaCentrica was born out of a demerger from British Gas in 1997. The group now comprises British Gas, Centrica Energy, Direct Energy, Centrica in Europe, Centrica Storage and Dyno.The group reported operating profit of £992m for the six months to 30 June 2008, down from £1.2bn in the ...
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Case Studies
Case Study: Liverpool Women’s NHS Trust uses vouchers to reward staff
When the Liverpool Women's NHS Financial Trust achieved a high performance rating for its services in a report published last year by the Healthcare Commission, the trust's board of directors decided to show staff their appreciation by providing them with a Christmas gift.The board recognised that the trust's outstanding performance ...
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Case Studies
Case Study: Unilever extends healthcare to include wellbeing
Last year, Unilever extended its traditional benefits package, which includes private medical insurance, with the launch of a wellbeing programme, Vitality into Action.Its first wellbeing initiative was a 15-minute health screening which checked details such as employees' weight, blood pressure and cholesterol, and provided tailored health information or referrals where ...
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Case Studies
Employer Profile: Abbey
Abbey’s takeover by Santander has enabled the bank to broaden its horizons when it comes to benefits, says Nicola SullivanAbbey is one of few banks that appear to be weathering the economic storm. It is part of the Banco Santander Group, the fifth largest bank in the world by profit. ...
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Case Studies
Case Study: RAF Benevolent Fund tackles workplace stress
The Royal Air Force (RAF) Benevolent Fund introduced several initiatives to help deal with stress among its 140-strong workforce as part of a wide-ranging benefits overhaul two years ago.This included the introduction of an employee assistance programme (EAP), which includes a stress counselling service alongside other perks.Richard Wheatley, head of ...
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Case Studies
Case Study: Tameside Metropolitan Borough Council fights sickness absence
Tameside Metropolitan Borough Council introduced a wellbeing strategy seven years ago in a bid to reduce high absence levels among its 9,000 employees.Mick Forrest, assistant director, people and performance, explains: "We did not want to take the traditional route to handle the problem. We looked at how we could stop ...
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Case Studies
Case Study: Royal Mail reduces sickness absence
Five years ago, Royal Mail was losing money and often offering a poor service to customers, not least because staff absence rates were typically high at around 7% a year and costing an estimated £1 million a day. In a bid to tackle the problem, it introduced a range of ...
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Case Studies
Case Study: Buckinghamshire County Council’s total reward strategy
County Council understands that it takes more than pay and traditional perks to get employees fired up.The council's total reward strategy encompasses everything from training to the working environment as well as old favourites such as pensions, childcare vouchers and company cars.Motivation is about more than just pay and bonuses, ...
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Case Studies
Case Study: InterContinental Hotels Group trials total reward statements
InterContinental Hotels Group (IHG) is trialling total reward statements to help staff appreciate the true value of its benefits.Dave Lawrence, vice president, compensation and benefits, Europe, Middle East and Asia at the group, says: "The biggest challenge facing any total reward programme is helping employees understand and value the rewards ...
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Case Studies
Case Study: GVA uses total reward statements to reinforce value of perks
Property consultant GVA Grimley decided to use total reward statements to reinforce the value of its employment package following the launch of a flexible benefits scheme.Debbie Taggart, HR manager, says: "Flex went a long way towards helping our employees understand the true value of their remuneration packages but it is ...
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Case Studies
Case Study: Runnymede Borough Council switches from PMI to cash plan
Runnymede Borough Council switched from providing private medical insurance (PMI) to staff who had been with the organisation three years, to a healthcare cash plan for 500 employees after finding the increasing cost of PMI too much to handle.The council now pays for a cash plan for all employees once ...
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Case Studies
Case Study: Certegy rationalises pension arrangements
Following its merger with Certegy, financial technology firm, Fidelity National Information Services had three pension schemes: a stakeholder plan, a contracted-in money purchase plan and a group personal pension (GPP).To harmonise these pension arrangements, it consolidated the schemes into a new GPP. Julie Chell, Fidelity's HR director for Europe, the ...
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Case Studies
Case Study : Alexander Mann Solutions
Alexander Mann Solutions launched a flexible benefits plan for its 600 UK staff in March this year and has since rolled out a similar scheme in Germany and Australia.The recruitment process outsourcing firm, which has 1,000 employees worldwide, implemented the schemes after carrying out an extensive global review to gauge ...
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Case Studies
Case Study : O2
Telecommunications company O2 implemented a flexible benefits scheme in the summer of 2007 to enhance the benefits that it offers to its 11,000 employees in the UK. Colin Watt, head of reward, explains: "We introduced the scheme to offer more to our employees in terms of their total reward package ...
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Case Studies
Case Study : Boehringer Ingelheim
Boehringer Ingelheim phased in its flexible benefits strategy between 2004 and 2006.Its first step was to launch a range of voluntary benefits, branded BI Lifestyle, along with a launch brochure and an online movie.This was followed three months later by online total reward statements to demonstrate the company's investment in ...
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Case Studies
Case Study : Adecco
Recruitment agency group Adecco (formerly Ajilon) took a phased approach to the introduction of its flexible benefits plan.A key objective was to ensure its permanent employees could access the benefits that were most appropriate to their needs, as well as understanding their package. To meet these aims, it obtained feedback ...
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Case Studies
Case study: Home Retail Group pleased with take-u
Home Retail Group, which owns Argos and Homebase, launched its second year of sharesave in June to more than 44,000 eligible members of staff. It offered shares at a 20% discount.In its first year, over 21% of all eligible staff joined the scheme, but in the second year only 13% ...
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Case Studies
Employer Profile: Freshfields Bruckhaus Deringer
Global law firm Freshfields Bruckhaus Deringer has revamped its benefits package to help keep it at the top of the profession, says Debbie LovewellWhatever the state of the economy, law firms stand to benefit in some way. The credit crunch and economic downturn may have dampened merger and acquisition activity ...
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Case Studies
Case study: Learning and Skills Council
The Learning and Skills Council (LSC) ensures women get parity by carrying out annual equal pay audits.Alastair Hatch (pictured), head of reward at the training body, says: "The LSC uses a range of approaches to ensure consistency and equality in the application of pay and benefits. One of these is ...