Employee Benefits Awards 2010: Flexible benefits package is winning strategy for Kwik Fit

Kwik Fit Financial Services was awarded ‘Most effective benefits strategy for organisations with more than 1,000 staff’.

By launching its flexible benefits package and introducing a number of on-site facilities, the team at Kwik Fit Financial Services has reduced absence levels and staff turnover, which is not an easy feat for a call centre organisation.

Its flex scheme includes a wide range of perks, such as dental insurance, private medical insurance, retail vouchers, holiday trading and bikes for work. By December 2009, the company’s flexible benefits take-up rates had reached 97%.

Kwik Fit Financial Services also provides extensive on-site facilities for its employees, which is unusual in its sector. These include a nursery, a full-time concierge service, a fully equipped gym, and a full-time occupational nurse.

Brendan Devine, Group Managing Director of Kwik Fit Insurance said: “This award reflects the huge attention to detail that has been given to ensure that all staff working at our Uddingston headquarters enjoy a happy and fulfilling work environment. Since our flexible benefits scheme was introduced, absence levels and staff turnover have almost halved.”

Read more articles on the Employee Benefits Awards 2010 winners and finalists