Energy supplier Centrica and restaurant chain Prezzo have been shortlisted for Best flexible benefits plan at the Employee Benefits Awards 2024.
This category was created to recognise a successful strategy that has effectively delivered a flexible benefits plan. This can include plans that operate within a set enrolment period, as well as any-time enrolment.
The full category shortlist is:
- Centrica
- Dojo
- L'Oreal UK
- PepsiCo UK
- Prezzo
Leonardo won the award in 2023 as a result of its £500 per employee flex allowance, which allows them to choose the benefits offering of most value to them at their life stage. This includes buying or selling holidays, a green car scheme, life assurance, which can be flexed up to 10-times an employee's salary, an individual savings account (Isa) and lifetime Isa, voluntary private medical insurance, a health cash plan, health screening, and others.
A Leonardo spokesperson said: “This has made a lot of hard work really worthwhile and shows that the plan is beneficial to employees so they feel they have a choice of what they want to spend their flexible benefits allowance on. It is important for the business; we have invested heavily in employee benefits. We are in a tough market to recruit and retain staff, that’s why good benefits, for all generations, is so important for us."
The Employee Benefits Awards, which is in its 22nd year and celebrates those driving excellence through their reward and benefits strategies, will be held at the Honourable Artillery Company, London on Friday 14 June.
The daytime event will include a drinks reception, three-course meal, entertainment and the chance to network with industry professionals.
For more information and to book your table.
Follow the action on X via @EmployeeBenefit and join in the conversation using #EBAwards24.
