All Employee Benefits Awards articles – Page 13
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Employee Benefits Awards 2012: Most effective benefits strategy in a public or voluntary sector organisation
WINNERYHA (England and Wales), YHA RewardsYHA designed a cost-effective benefits package that was relevant for staff of different ages and life stages. It was launched in conjunction with a three-year cost-saving exercise designed to cut central overhead costs by £1.7 million, so it had to achieve return on investment, and ...
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Employee Benefits Awards 2012: Most effective strategy to encourage workplace savings
WINNERBT, Planning for retirement, entered by Wealth at WorkBT’s workplace savings strategy aims to ensure employees make informed decisions about their future.The company provides its workforce with a number of savings options, including two sharesave schemes and a share incentive plan. It also provides a defined benefit pension for employees. ...
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Employee Benefits Awards 2012: Most effective pensions communications strategy
WINNERElectronic Arts, My Future, entered by Thomsons Online BenefitsElectronic Arts’ creative and fun strategy was designed to engage younger employees with pensions.It decided to take action after a review of its pension scheme in April 2011 revealed that 66% of staff had signed up to the scheme, but just 43% ...
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Employee Benefits Awards 2012: Most effective pensions change strategy
WINNERSvitzer UK, Launch of Corporate Wrap, entered by Hargreaves LansdownThe innovative way in which Svitzer UK consolidated several legacy pension schemes by introducing a corporate wrap with a contract-based defined contribution (DC) scheme made it a clear winner.The corporate wrap, available to the entire workforce, allows employees to manage their ...
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Employee Benefits Awards 2012: Most effective all-employee share scheme strategy
WINNERAsda Stores, Sharesave, entered by ComputershareIn a tightly-fought category, the judges were impressed by Asda’s decision to remove paper enrolment for its sharesave scheme and rely solely on electronic methods. This was felt to be a particularly brave step given Asda’s workforce demographic and the fact that most employees do ...
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Employee Benefits Awards 2012: Most effective absence management and rehabilitation strategy
WINNERSerco, Serco Absence Process Review, entered by Jelf Employee BenefitsThis strategy features an online system that records and notifies managers of an employee’s absence on day one.Depending on the triggers for absence, a relevant professional, for example the insurer’s vocational rehabilitation consultant, or an in-house occupational health manager, gets in ...
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Employee Benefits Awards 2012: Most effective reward or benefits strategy for staff based outside the UK
WINNERAmerican Express, Global Benefits GovernanceThis entrant introduced a new international reward strategy that reduced its total benefits costs and used the dividends from pooling arrangements to fund health and wellness benefits around the world.The Global Benefits Governance programme, which went live in 11 countries across Japan Asia-Pacific and Australia, and ...
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Employee Benefits Awards 2012: Most effective motivation or incentive strategy
WINNERMerlin Entertainments, Merlin Global Recognition Schemes: Star and CEO Award PlanMerlin Entertainments impressed the judges with its introduction of two global motivation and recognition schemes for all staff after rolling out new company values across the business. The new schemes replaced more than 20 previous ones, which were owned at ...
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Employee Benefits Awards 2012: Benefits team of the year
WINNERKraft Foods, entered by BenefexThe benefits and reward team at Kraft Foods successfully tackled the huge challenge of harmonising employee terms and conditions in 2011 following the organisation’s high-profile acquisition of Cadbury.For the Cadbury acquisition to be a success, each member of the team was involved in the complex task ...
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Employee Benefits Awards 2012: Employee benefits specialist of the year
WINNERFrancis O’Mahony, head of employee share plans and share registration, BTFrancis O’Mahony was voted this year’s Employee Benefits Specialist of the Year because of his pioneering work on workplace savings and dedication to financial education at BT. This year, BT took the award for ‘Most effective strategy to encourage workplace ...
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Employee Benefits Awards 2012: Employee benefits professional of the year
WINNER Debra Corey, group compensation and benefits director, Merlin EntertainmentsDebra Corey is a much-admired, charismatic and highly respected figure in the employee benefits world. Before joining Merlin Entertainments, she had built up a high profile in reward by taking on the challenges of senior roles at a number of well-known ...
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Employee Benefits Awards 2012: Grand Prix
WINNERMcDonald's RestaurantsMcDonald's Restaurants was voted winner of this year's Grand Prix award because of its textbook approach to aligning its reward strategy with the needs of the business and its effective development of an employee brand.The organisation reduced staff turnover and increased sales significantly after discovering a strong correlation between ...
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Employee Benefits Awards 2012: Meet the Judges
Panel chairDebi O’Donovan is editor of Employee Benefits and is responsible for editorial strategy across events, web and the magazine.Panel chairDebbie Lovewell, deputy editor of Employee Benefits, is an award-winning journalist who is responsible for news and features across the magazine and website.Panel chairDev Raval is director of reward at ...
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Employee Benefits Awards 2012: Most effective healthcare and wellbeing strategy for employers with more than 1,000 staff
WINNERZurich Insurance, Zurich WellbeingThis entrant not only introduced a raft of measures tailored to address the needs of its workforce, but it also took significant steps to improve employee engagement scores on health and wellbeing.The insurance firm’s health and wellbeing campaign, branded Zurich Wellbeing, was launched in June 2011 and ...
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Employee Benefits Awards 2012: Most effective healthcare and wellbeing strategy for employers with fewer than 1,000 staff
WINNERCapital One, Your Health MattersCapital One revamped its health and wellbeing provision for staff with a raft of measures designed to improve fitness, wellbeing and work-life balance.In January 2011, it opened an on-site gym called The Core at its head office in Nottingham. The judges were particularly impressed that employees ...
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Employee Benefits Awards 2012: Most effective benefits communications strategy for employers with more than 5,000 staff
WINNERKraft Foods, Simply Rewards, entered by BenefexKraft Foods’ communications strategy was key to successfully integrating reward and benefits across the business after its acquisition of Cadbury.Kraft and Cadbury were coming from different standpoints, cultures and communication styles, so it was essential for communication to achieve parity across the workforce and ...
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Employee Benefits Awards 2012: Most effective benefits communications strategy for employers with fewer than 5,000 staff
WINNERBromford, Bromford RewardsThis entrant used a multi-faceted communications strategy to promote its retail discount scheme, Bromford Rewards, which was introduced following employee feedback. The company involved its group of employee representatives in developing the project as part of efforts to ensure it reached all sections of the workforce.The judges noted ...
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Employee Benefits Awards 2012: Most effective alignment of reward strategy to business strategy for organisations with more than 1,000 employees
WINNERMcDonald’s RestaurantsThis entrant significantly reduced staff turnover and increased sales after successfully linking its reward strategy to the needs of the business. The fast food chain discovered a correlation between employee engagement and business performance. For example, in restaurants where staff were engaged, sales were on average 28% higher and ...
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Employee Benefits Awards 2012: Most effective alignment of reward strategy to business strategy for organisations with fewer than 1,000 employees
WINNERBarbon Insurance GroupThis business was formed in difficult circumstances in 2008. Not only did it have to deal with the fall-out from the financial collapse of its parent company and a decline in profits, but staff turnover was high and increasing, and low levels of morale were contributing to rising ...
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EXCLUSIVE: McDonald's Restaurants wins Grand Prix at Employee Benefits Awards
McDonald’s Restaurants, Merlin Entertainments, BT and Kraft Foods were among the big winners at this year's Employee Benefits Awards, which took place at the Artillery Garden at The HAC on 31 May.McDonald’s Restaurants took the coveted overall Grand Prix prize, plus the category award for ‘Most effective alignment of reward ...