Enable your employees to thrive!

Holistic wellbeing case studies

UK Employee Benefits Watch 2018 series

Introduction

It’s no secret that today’s employees expect support from their employers with their health and wellbeing.

In order to provide this support, market-leading organisations are looking at their employees’ wellbeing needs holistically. They’ve created a wellbeing programme where they have interconnected all aspects of their mental, physical and financial wellbeing benefits to meet the needs of employees and enable them to thrive in the workplace.

Are you striving to do the same? Discover how we have worked with some of our award-winning and market-leading clients on their wellbeing programmes.

Creating a wellbeing brand

Live Nation Entertainment set out on a mission to make their employees healthier.

They launched ‘LiveWell’, a holistic strategy to promote employee health and wellbeing both in and out of the workplace. All benefits and communications are now branded under their five pillars (EatWell, MoveWell, ThinkWell, BudgetWell and ChooseWell) and communicated as part of the LiveWell brand. Some of the initiatives launched include hypnotherapy sessions to help quit smoking, mocktail design competitions to reduce drinking, live cooking demonstrations, weekly exercise classes, mental health awareness talks and offering to pay up to £5k towards student loans. By running surveys before and after launching the LiveWell initiatives, Live Nation Entertainment have seen dramatic results.

The result?

in employees eating unhealthily

8.5%reduction

in the numbers of smokers

14%reduction

in employees with insufficient physical

activity

21.4%reduction

of employees said they now have

financial concerns

Only

10.5%

said they were proud to work

for Live Nation Entertainment

90.2%

Introducing new wellbeing benefits

OVO Energy wanted to help employees plan and save for their future, and to offer them more financial support to help them with this.

OVO Energy set out to provide employees with the benefits they needed to support their financial wellbeing, and ensure employees fully engaged with them. They implemented a new workplace ISA, allowing employees to invest money directly into it from their flex fund, giving them a simpler way to build a nest egg for their future they could access as and when needed. They launched free mortgage advice to all employees and added a Culture Card to their range of lifestyle benefits already available, to help employees save money on cultural activities and days out. All of these were promoted with innovative communications, drop-in sessions and benefits fayres.

The result?

of eligible employees have engaged with

the flex fund

94%

has already exceeded expectations

Uptake of the workplace ISA

continue to be fully booked

Mortgage advice sessions

of employees now say financial benefits are most important to them when choosing their benefits

62%

Building wellbeing pillars

Wellcome Trust set themselves a mission to enable their750 employees to thrive in the workplace by improving their health.

To achieve this, they created a strategy focused around four wellness pillars; physical, mental, financial and caring. They knew it was important to help employees with every stage of their wellness, from prevention to detection and rehabilitation. So Wellcome Trust launched a range of benefits within these wellness pillars:

• An on-site gym, with access to a nutritionist, simple Health MOTs and Massage Therapists• External Health Assessments• Pension clinics• A network of Mental Health First Aiders and Mental Health Ambassadors• Support for carers• Activities including yoga, pilates and arts and crafts

Wellcome Trust also hold quarterly roundtable meetings with all wellbeing benefit providers so that these providers can effectively signpost and refer employees to other relevant benefits that Wellcome Trust offers. As a result, their approach to wellbeing is more joined up and employees can get the most out of their benefits.

Finally, they have created clearly defined pathways for employees who suffer from conditions that may impact their mental or physical wellbeing, and they have empowered managers to be able to support these employees.

A spotlight on pensionsAccording to research, people that don’t currently have a pension by the age of 30 will need to be investing 20% or more into a pension in order to enjoy a reasonable retirement income.

If you’re worried you haven’t started saving for your pension yet, or you’d like to increase your pension contributions but don’t want to lose any of your monthly income, we’ve got some great news for you!

We’re paying in 6% of your basic salary into your pension without any individual contribution from you. And that’s not all! We understand in a tough economic climate it can be difficult to invest in other areas such as paying off a student loan or saving for rent or mortgage deposits. That’s why if you choose to contribute an additional 4% into your pension, you’ll unlock up to an additional 4% of your salary for these savings. We’re not aware of any other UK employer offering such a great deal.

You’ve told us that financial worries and in particular retirement income is a real concern, so we’re proud to be doing something about it by helping you to invest in your future.

I think this is great. I also think it’s a fantastic way of incentivising people to pay into their pension so it kills two birds with one stone – it’s a brilliant ideaLouise Honeybun, Innovation Manager

Find out more about Pensions• Talk to your line manager

• Email AskReward

• Visit My Reward

1708051

#pensionpays

—Anton House

Wednesday 15th November 10.30am - 1.30pmGround floor - LinkenholtFriday 24th November 11.30am - 2.30pmFirst floor - Smannell

—Hambleden House

Thursday 2nd November 12am - 3pmSecond floor - C&C RoomTuesday 7th November 3.30pm - 6pmFirst floor - Longstock

—Alan Child House

Monday 20th November 3.30pm - 6pmSecond floor - Danebury

—Simplyhealth House

Wednesday 1st November 12.45pm - 2.15pmCathedral RoomMonday 6th November 12pm - 3pmCathedral RoomTuesday 14th November 10.30am - 2.30pmCathedral RoomThursday 23rd November 1pm - 4pmCathedral RoomFriday 1st December 10.30am - 3pmCathedral Room

1708051

Want to learn more? First stop should be

your line manager, or you can visit My Reward

or email askreward

Chatter#pensionpays

Pensions

Hearing that Simplyhealth are recognising people’s concerns about retirement income and doing something about it is very welcomeJason Townsend

We understand it can be difficult to save for your future - so

we’ve decided to do something about it!

1708051-BANNERS-1017-c.indd 5 23/10/2017 10:13:27

Launching a wellbeing flex pot

Simplyhealth sought to redesign and relaunch their benefits offering to their employees.

It was essential that the new offering was aligned to their company purpose to help people ‘make the most of life’. So they launched a flex pot to give employees the flexibility to choose the benefits that suited their lifestyle from an allowance. They also gave employees the opportunity to take a flexible approach to pensions by allowing them to not only save for the future, but also use some of the investment to save for what matters now. This includes paying off a student loan or saving for a rental or first home deposit.

The result?

of employees logged onto their benefits portal during their

recent window

94%

of employees made benefit selections

during their recent window

91%

rating of the benefits offering by employees on

Glassdoor

4.6 out of 5

employees now saving for their first

home

Over

100

of employees in the pension scheme, up from 75% previously

97%

So… are you ready to look at your wellbeing benefits more holistically? Of course you are!

We hope you’ve been inspired by the case studies from our clients and that you’ve come away with new ideas to create a holistic wellbeing programme and offer support to employees in the moments that matter.

Can we help? Our very own health and wellbeing team worked with these clients on their campaigns. If you’d like advice or help with your wellbeing programme, please get in touch below.