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Reducing Cost
Beachcroft Case Study
To create true flexibility Thomsons moved Beachcroft's reward scheme online, removing their heavy administration workload. The scheme now allows employees real-time online access to their benefits. The introduction of salary sacrifice has generated large savings of £120K annually.
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Improving Value Reducing Cost
Rok Case Study
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Rok appointed Thomsons to understand what employees wanted from their reward scheme and implement a flexible benefits scheme based on their feedback. Thomsons created a DVD to reach Rok's unique population of builders, and won an Employee Benefits award in 2009 for their excellence in digital media communication.
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Improving Value
Smith & Nephew Case Study
Thomsons implemented an online flexible benefits solution to increase employees’ benefit appreciation and improve benefit administration. Bespoke communications were devised for the launch and a post-implementation survey evidenced that 90% of employees achieved a clearer understanding of their reward package.
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- Filesize: 614K
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Improving Value
Ministry of Defence Case Study
Following the implementation of an online pension calculator, the MoD total reward project -the largest ever in the UK (215,000 employees) - involved the introduction of a comprehensive benefits calculator. Armed Forces personnel enjoy real-time access to their reward package at a single dedicated website. The innovation has raised awareness of the MoD’s competitive remuneration package.
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- Filesize: 162K
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Improving Value
Dow Chemical Case Study
An innovative flexible health benefits scheme was implemented, which allowed employees to use benefit dollars as a means to tailor their health plan for themselves and family. Through the introduction of Total Reward Statements, benefits understanding rose by 30%. Overall satisfaction with the programme achieved 94%.
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- Filesize: 88K
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Improving Value Reducing Cost
Groupe Aeroplan (Nectar) Case Study
“Sweeter Rewards” was launched to offer employees more flexibility and online access to their benefits package. A post-implementation survey showed that over 80% had a clearer understanding of their total reward. Moreover, Groupe Aeroplan achieved £40K savings in NI through the introduction of salary sacrifice.
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- Filesize: 184K
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Improving Value
Getty Images Case Study
"We're delighted Getty Images' MyChoice programme has been recognised at this year's Employee Benefits Awards. It is testament to our truly comprehensive package, devised with the expertise of Thomsons Online Benefits, which has undoubtedly provided our employees with greater confidence, flexibility and peace of mind."
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- Filesize: 471K
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Aiding Decision Making Improving Value Reducing Cost
Munich Re Case Study
To create a “one company” feel and engage employees, Thomsons harmonised benefits and launched an online flex scheme under the brand “Re:Flex”, following employee surveys and focus-groups. The fully automated, bespoke website decreased the administration burden. Savings were achieved through intelligent broking and benefits take-up rose to 81%. "The introduction of Re:Flex, our flexible benefits scheme, has exceeded all expectations in terms of its take up and popularity with employees across our three London businesses."
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Aiding Decision Making Reducing Cost
Celerant Case Study
Following a thorough employee survey, Thomsons revamped the benefits offer and harmonised six complex pension schemes. The brand “Benefit Trader” was created for the launch, which included one-to-one meetings with regulated pension advisers. Pension membership achieved 97%, NI savings reached £45K and £120K yearly savings were secured through re-broking benefits.
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- Filesize: 800K
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Aiding Decision Making Improving Value
Vanco Case Study
Vanco’s diverse schemes were harmonised into a consistent, cost-effective reward structure, still flexible enough to suit employees’ lifestyles across multiple locations. “V:choice” was supported by Thomsons’ multi-lingual and multi-currency technology and an international communications strategy. Turnover was reduced by 7% and 85% of employees reported their engagement with the scheme. It won "Most Effective Use of an International Benefits Strategy" in 2004 and 2006.
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- Filesize: 134K
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Aiding Decision Making Improving Value Reducing Cost
Bombardier Case Study
Bombardier’s paper-based flex scheme was revamped and moved online. To address the particular challenges of a blue-collar workforce, a unique communications solution was devised following focus groups. The scheme “Preference” was communicated using real employee images and targeted media. Take-up rates rose to 81% and the scheme has performed well above industry average.
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- Filesize: 553K
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Aiding Decision Making Improving Value Reducing Cost
Computershare Case Study
As a “one-stop-shop” reward partner, Thomsons introduced a creative reward brand with bespoke technology, which improved engagement and reduced their administrative burden. Benefits were re-broked achieving 40% savings in PMI, £30K in PHI and an impressive £100K in NIC savings through salary sacrifice.
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- Filesize: 173K
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Aiding Decision Making Improving Value Reducing Cost
Reynolds Porter Chamberlain Case Study
“Pick n’ Mix”, an innovative flexible benefits package, including massage, pilates and a stop smoking scheme, was launched using a unique communications strategy. The use of Thomsons’ technology resulted in a 50% reduction in administration and RPC won “Most effective employee benefit scheme”, at the Lawyer HR Awards (2008).
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- Filesize: 323K
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Improving Value
Cofunds Case Study
To improve the perceived value of reward, boost engagement, recruitment and retention, Thomsons’ implemented the innovative scheme “Coflex”. Employees can purchase a competitive range of benefits using a benefit allowance. 94% of employees reported feeling more positive about Cofunds following the implementation.
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- Filesize: 314K
