Nottingham City Council

Employee benefits success story

Introductions

Lynn’s picture here?

James Malia Managing Director

Lynn Griffin-Pearce Resourcing and Reward Consultant

Background

Nottingham Nottingham City Council

• Cosmopolitan city with a population of 310,000

• Two universities, world class sports facilities and a thriving retail centre

• Excellent public transport system, good motorway links and nearby major airports

• One of the largest employers in Nottingham

• 7,000 employees • 54% of employees are city residents • Diverse workforce

• 65% aged 40+ • 68% female • 17% from BME background

Background • Part of Sodexo Group

• Clients ranging from 150 to 150,000 employees

• Specialist voluntary benefits provider

• Own integrated product range

• Single platform solution

• Dedicated account management approach

Partnership philosophy

Working in partnership since 2005

Cost neutral solution / overall net savings

Continuous reinvestment in scheme growth

Innovation and new product development

Award winning employee benefits

June 2014 ‘Best Voluntary Benefits Scheme’ Employee Benefits Awards 2014

March 2014 ‘Best Salary Sacrifice Scheme’ (holidayplus and MYtime) Pay & Benefits Awards 2014

March 2015 Shortlisted for

‘Benefits Team of the Year’ Employee Benefits Awards 2015

Challenging economic climate

“Public service cuts

deepen as councils near

financial tipping point”

The Guardian, May 2014

“Real austerity means

public sector cuts”

Telegraph, Nov 2014

“Public sector cuts

worsen low pay trap”

Financial Times, Oct 2014

• Financial constraints

• Central funding cuts

• Limited pay rises

• No budget for rewards and benefits

• Essential to embrace the challenge

• Unique attributes of salary sacrifice

• Opportunity for cost neutral benefits

• Creative options explored

NCC aspirations

• Attract, recruit, develop and retain talent

• Improve engagement & wellbeing

• Be an employer of choice in Nottingham

• Generate corporate savings

• Support the Council’s environmental, sustainability and social responsibility commitments

Solution New for 2015:

Initiatives

Total Reward Brochure

Managers’ Toolkit

GEM (Going the Extra Mile)

Scheme

Links to Wellbeing and Working Well Programme

Engagement techniques

Roadshows

Works Perks Champions Group

Product specific materials (flyers, posters, emails)

‘Impact’ newsletter

Scheme savings

• Over £730,000 in savings in 2014

• Over £2 million saved in last 3 years

• MYtime & holidayplus schemes alone have generated over £1.7 million savings

Council savings

Costs for Works Perks benefits are more than covered by salary sacrifice

savings, with a proportion of these savings reinvested into scheme growth

• Over £300k pa tax & NI savings from salary sacrifice schemes

• Annual savings of around £45k on discount scheme

Employee savings

Further developments in 2015

• Continual reinvestment in scheme growth

• Increase employee engagement

• Generate Council savings

The future

• Further ambitious plans for scheme evolution in partnership with key providers, including:

• Financial education

• Employee engagement app

• Consumer analytics

Q & A

Solution New for 2015: