Case Studies

Building a Start Up’s Benefits Package

from Scratch

 

The Challenge: A start-up with no benefits with issues attracting top talent, a desire to support employees' mental health but with a limited budget.

 

The Solution: Designed a bespoke benefits package that included essential offerings like medical and life insurance, complemented by free-of-charge benefits to create a comprehensive, low-cost programme.

 

The Result: Delivered an affordable yet attractive benefits package that helped the start-up recruit top talent and foster a culture of wellbeing, with strong employee uptake and positive feedback from the team.

 

 

 

Using Benefits Communications for a Low-Cost Transformation

 

The Challenge: A company wanted to refresh its benefits offering to boost engagement but lacked the budget to expand the existing package.

 

The Solution: Reviewed existing benefits and identified free-of-charge benefits from providers. Rebranded all benefits communications and emphasised the existing benefits and hidden extras. Worked closely with senior leadership to cascade the new message and addressed employee pain points by improving system usability and FAQs.

 

The Result: 20% increase in engagement with the platform, 29% rise in employees increasing their benefits,  62% boost in overall benefits utilisation.

 

 

Creating a Cohesive Benefits Strategy for a Growing Company

 

The Challenge: A fast-growing start-up had an inconsistent benefits package, with gaps in key areas like sick pay, and an outdated long-service award programme.

 

The Solution: Developed an EVP aligned with their culture, benchmarked benefits and introduced a cohesive multi country strategy. Revamped the recognition scheme to reward desired behaviours and worked with an independent broker to reduce costs.

 

The Result: Delivered a unified benefits and recognition package that positioned the company to attract and retain talent as they scaled, while aligning with their values and culture.

 

 

Optimising Benefits Budget for

Employee Wellbeing

 

The Challenge: A company undergoing cultural change faced soaring premiums due to high critical illness claims, while their benefits package was old fashioned and not aligned with normal market practice.

 

The Solution: Collaborated with leadership to redefine the EVP and shift the benefits strategy towards wellbeing and flexibility. Introduced a Health Cash Plan (HCP), reallocated the benefits budget to support more employees, and retained a streamlined critical illness cover.

 

The Result: Focus on Wellbeing, improved employee satisfaction, smarter budget utilisation, cost savings, and a benefits package that aligned with the company’s evolving culture.

 

 

 

Rebuilding & Rebranding a Total Rewards Platform

 

The Challenge: A company with an existing overly complex Total Rewards Platform and low employee engagement. Budget constraints limited the option of adding new benefits.

 

The Solution: Comprehensive review of the existing platform, simplified navigation and rebranded the package with a fresh, identity. Clear, concise communications ensured employees could easily understand and access their benefits.

 

The Result: Increased engagement and understanding from 40% to 80%, a 10% reduction in benefits costs, and identified and corrected critical coverage gaps for many employees.