Product in Practice – Schneider Electric Case Study


Schneider Electric introduced a flexible benefits scheme in 2004, with a view to enhancing the core benefits offered to employees. It aimed to enable employees to flex their benefits to suit their lifestyle, maximise employee engagement and loyalty to the company.


Objectives

Our flexible benefits scheme, ‘Elements’ has been in place for several years. It aims to enable employees to access a fantastic range of benefits to suit their lifestyle, whilst capitalising upon savings available to all parties via salary sacrifice arrangements. It also provides an ideal way to give something extra to our employees, where they can benefit from the buying power of a large organisation.

Our Elements scheme has naturally evolved over time and now includes benefits to save money, support wellbeing and importantly, family.

Schneider Electric recognises the difficulties many working parents face – particularly in balancing a job with the demands of a family. Childcare vouchers have therefore been an integral feature of our Elements scheme. Edenred is our chosen partner for the provision of our Childcare Voucher Scheme.

Launch & implementation

Employee elections for our flexible benefits took place during March 2011, with first deductions being made via the April payroll. Communications commenced long before this, via a range of media designed to target 2500 employees across all businesses, sites and roles within the UK.

Our communications ensured that employees understood the benefits available and were able to determine whether they suited their personal circumstances. The campaign aimed to be inclusive of all employees and to maximise the number of elections across the range of benefits available.

Due to the diverse nature of our workforce, we could not simply rely on e-mail communications. Over 30% of employees are based within a manufacturing environment, without ready access to a PC.

The communications approach is outlined below:

April 2010 - December 2010 - feedback from employees on the Elements scheme, requests for suggestions for 2011

December 2010 - selection of providers and Board Approval of Elements 2012

January - February 2011 - working with chosen providers to establish communications materials

February 2011

  • briefing to our consultative committee
  • commencement of communications via team meetings and poster campaign introducing Elements 2011
  • letter to all employees with our Elements 2011 Handbook that summarises each benefit available
  • HR Intranet updated with the Elements 2011 Handbook, further information on each benefit, FAQ’s, guide to making selections
  • Target e-mails to all employees reminding them of the timeline for elections

February 2011 - March 2011

  • 25 Roadshows at key sites across the UK, the majority of which were attended by Edenred. These comprised of a presentation summarising the benefits available and a ‘marketplace’ where employees could meet with providers and get further information

March 2011 - Employee elections via online tool

  • Ongoing e-mails and intranet updates

April 2011 - First deductions via payroll 

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About Schneider Electric 

Schneider Electric is a global specialist in energy management with operations in more than 100 countries, offering integrated solutions across multiple market segments. Focused on making energy safe, reliable, efficient, productive and green, the Group’s 110,000 plus employees achieved sales of 19.6 billion euros in 2010, through an active commitment to help individuals and organizations make the most of their energy.

In the UK, Schneider Electric employs over 2500 people across a range of businesses and locations. 

 


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