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Case studies news UK Leisure Benefits for carers Flexible benefits Global reward Group risk Healthcare and wellbeing Pay strategy Pensions Share schemes Total reward Benefits for carers Global reward Group risk Share schemes Total reward

The benefits offered by Holiday Extras

By Katie Scott 3rd April 2017 2:55 pm 12th April 2017 11:42 am

The workplace benefits on offer at Holiday Extras include:

Pension:

  • Group personal pension (GPP) plan, with 3% employee contribution. Employer contributes 3% for the majority of staff and 11% for directors and associate directors.  Employees can contribute via salary sacrifice. All employees are eligible after they have passed probation, but must opt in to the scheme.
  • National Employment Savings Trust (Nest) for those not in the GPP with 1% employee contribution and 1% employer contribution. Due for auto-re-enrolment at the end of March 2017.

Group risk:

  • Group income protection. Employees who started before January 2005 receive cover of 75% of salary; staff with more than four years’ service receive cover of 35% of salary for two years and can flex up to 75%.
  • Life assurance: two-times salary as core. Can be flexed up to 10-times salary.
  • Employee-funded critical illness insurance, available after three months’ service.

Healthcare and wellbeing:

  • Private medical insurance, available for employees with a minimum four years’ service. Fully paid by the employer for full-time employees and pro-rata for part-time staff.
  • Employee-funded dental insurance.
  • Health screening, available for staff after four years’ service.
  • Discounts on on-site high-intensity interval training (HIIT) and circuit group exercise classes.
  • Employee assistance programme (EAP).
  • Health cash plan.
  • Bikes-for-work scheme.

Work-life balance:

  • Childcare vouchers.
  • Holiday buy up to three additional days.
  • Holiday starts at 20 days and increases up to 25 days with length of service.
  • Birthday off.
  • Flexible-working policy.
  • Enhanced shared parental leave of three months leave at 100% pay, and three months at 50% of pay.

Share schemes:

  • Profit share as part of the employee benefit trust (EBT); employees with less than two years’ service currently receive approximately 3.2% of salary every quarter, and employees with more than two years’ service receive approximately 6.4% of salary every quarter.

Other benefits:

  • Company car on a job-need basis.
  • Dining cards.
  • Employee-funded social club.
  • Monthly bonus for call centre staff based on call quality and sales made.
  • Voluntary benefits scheme.
  • Employee-funded massages.
Case studies Flexible benefits

Holiday Extras built flexible benefits scheme on employee input

11th May 2016 4:33 pm 11th May 2016 4:33 pm
news Share schemes

BT, Asda and Holiday Extras awarded for employee share plans

3rd December 2015 12:22 pm 12th April 2017 3:04 pm
Case studies Total reward

Holiday Extras introduces new benefits strategy to align with business goals

26th April 2017 12:40 pm 26th April 2017 4:50 pm
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