Tag Archives: Edenred

John Lewis joins Capital Bonds network

One of the UK’s leading retailers has joined the Capital Bonds network. John Lewis is now one of over 160 retailers where Capital Bonds are accepted.

Recipients can redeem the Bonds at a total of 37 John Lewis shops across the UK – 29 department stores and eight John Lewis at home shops.

Tim Ward, account manager, corporate sales at John Lewis comments: “At John Lewis we offer a vast choice of products for Capital Bonds holders with over 350,000 lines available in our shops. We feel this broad range ensures there is something for everyone and will appeal to a wide selection of recipients.”

Wayne Harrington, Head of Affiliate & Retail Partnerships at Edenred, adds:“It is a tremendous endorsement of our brand that such a major name in retailing has joined the Capital Bonds network.

“Capital Bonds are Edenred’s market leading multistore gift voucher, offering the greatest choice and convenience of all gift vouchers in the UK.

“They are easy to use as a business incentive, and the wide range of outlets where the vouchers can be redeemed make them perfect for employers who want to motivate their staff with a reward that suits them personally.”

Capital Bonds, administered by Edenred, has more retailers in its network than any other voucher of its kind, with 50 more retailers than any other multistore voucher as well as more than 450 independent retailers.

They are used by thousands of organisations throughout the UK in recognition of general performance and behavioural rewards, in employee recognition and reward schemes such as long service, in loyalty programmes, or as rewards in suggestion schemes, total rewards or sales incentives programmes.

Recipients can choose to use their vouchers at outlets that match their lifestyle requirements, and can purchase products for their home, enjoy employee discounts, experience fun days out with friends or use even their reward vouchers as part payment towards holidays and travel.

Via EPR Network
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Support For Working Parents To Address Cuts In Child Benefit

Working parents can use salary sacrifice to reduce the impact of the recent cuts in child benefit announced in the Budget, according to Edenred, the UK’s leading provider of childcare voucher benefits.

The changes announced in the Budget will mean child benefit will now be withdrawn gradually from higher rate taxpayers earning between £50,000 and £60,000. The benefit will be reduced by one per cent for every £100 earned over £50,000 and completely removed for those earning over £60,000.

Under the Chancellor’s Budget, around 1.2 million families will now have their child benefit payments reduced. Around 840,000 of those households will lose all of the benefit. The other 360,000 will lose a portion of the benefit through the new tapering rule.

However, Edenred is advising working parents to use salary sacrifice for benefits such as childcare vouchers in order to reduce their taxable income to below the threshold and therefore offer a little more staff rewards.

Childcare vouchers are usually offered by employers via a salary sacrifice scheme which means they are taken from a parent’s pre tax salary and, depending on the rate of tax payer, are free from tax and National Insurance up to £243 a month. Both parents can claim these vouchers if their employer offers the scheme. The benefit for the company is also a lower National Insurance bill.

They can then be used for children up to 15 years, or 16 years if disabled, and can be spent on a wide range of activities such as afterschool clubs, holiday clubs, breakfast clubs, as well as nurseries, childminders and nannies. The age range covered by the vouchers means that parents of older children can also benefit.

Laura Czapiewski, product manager at Edenred, comments:
“With the Chancellor’s recent cuts to child benefit, many will be looking at ways to address this loss. The provision of childcare vouchers via a salary sacrifice scheme has multiple benefits – it serves to save a working parent tax and NI and could also help reduce their taxable income below the threshold that will be affected by the changes to child benefit.

“Any type and size of business can implement a childcare voucher scheme and it’s worthwhile for companies of all sizes, even if they have just one qualifying parent within the organisation. Parents should investigate if their place of work offers childcare vouchers.”

Edenred is the UK’s leading provider of childcare voucher benefits and has a website dedicated to childcare vouchers explaining how they work, the benefits and where to use them. See: http://www.childcarevouchers.co.uk/Parents/Pages/default.aspx

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Edenred Calls On Firms To Help Make Sure All Parents Benefit From Childcare Vouchers

Edenred, the world’s leading name in employee benefits, incentives and rewards, has urged businesses to help ensure employees with older children don’t miss out on the benefits of childcare vouchers.

Many companies have a habit of promoting their family-friendly policies towards young families or mothers going on maternity leave, and as a result, many parents mistakenly assume that childcare vouchers are only for young children.

In actual fact, they can be used to pay for the care of children until the first September after their fifteenth birthday. For children registered as disabled, childcare vouchers can be used until the first September following their sixteenth birthday.

Laura Czapiewski, Edenred Childcare Voucher Product Manager, said: “It isn’t just working parents with young children that need support. Working parents with older children need support too.

“The needs of working parents do not end when children start school, and many parents agree that the pre-teen and teenage years can be the most challenging – emotionally and financially. However, many parents of older children are unaware of what they are entitled to.”

Childcare vouchers can be used to pay for a range of things, from nursery care through to holiday and community play schemes. Edenred offers discounts at a range of day and residential holiday clubs, allowing parents to make significant savings.

According to Ms Czapiewski, the key to ensuring parents of older children are able to take advantage of the benefits on offer is good communication.

She said: “When launching a family friendly benefit, it is tempting for businesses to use images of babies and toddlers in the promotion. However, good providers should supply an array of materials designed to attract the interest of parents of older children, using images and messages relating to preteens and teenagers.

“Two way communication is also very important. Surveying employees to find out the ages of their children can be useful because this allows businesses to properly tailor the benefits on offer to each employee. Once businesses have promoted a specific benefit to their employees, it is imperative that HR departments and line managers are fully aware of the scope of availability of these benefits so they can advise employees how and where they can be accessed.”

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Edenred joins with Partech International to promote innovation

In line with its Invent 2016 strategy to prepare its expansion into new territories, Edenred recently announced a partnership with venture capital firm Partech International.

The Group is investing €15 million in the Partech International VI fund, which is raising an initial €100 million. The fund will invest in young, fast-growing companies involved in the digital economy and offering new web-based, e-commerce and e-marketing services as well as new payment media solutions.

The investment will enable Edenred to explore new opportunities in adjacent sectors. Edenred will also be able to track emerging developments, with the goal of anticipating changes that impact its shareholders: client companies, employees and affiliates.

Through its support for high potential companies, Edenred – in keeping with its pioneering spirit – has made innovation a priority driver of future growth.

Edenred UK

Edenred in the UK
Edenred helps organisations engage and motivate people for enhanced performance through the provision of flexible benefits, incentive and motivation solutions, expense management and communication services. It has 260 employees, 18,000 private and public sector clients, 1,000,000 users and 75,000 affiliates throughout the UK.

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Edenred gets into Christmas spirit with charity activities

Three UK community projects received early Christmas presents thanks to employee benefits and motivation experts Edenred.

As part of the company’s ‘Eden for All’ day, all 243 employees across the three UK offices participated in a series of festive fundraising events to support community-based charities.

The London office donated food and clothing to St Margaret’s, a local drop in centre offering support for older people. Most of the elderly who attend the centre live alone and are on benefits.

The Pimlico-based office also collected toys for the Bayswater project in North London. The Bayswater project supports valuable families with housing issues or who are on a low income. They help and advise families in the local community to ensure their children are well cared for. The toys were then presented to the children as presents at their Christmas party.

Edenred’s office in Chester also held a toy collection in aid of the Cornel Clyd project, which meets the short term care requirements of young people whose needs cannot be met in a family environment.

Andy Philpott, Sales & Marketing Director at Edenred UK, comments:
“The Eden for All day is an established part of the calendar and a great way to support local charities and get involved in the communities near our offices. The day forms part of our year-long programme of CSR activity and is a valuable way to motivate our staff and encourage team working across different departments.”

‘Eden for All’ is an annual event held across Edenred offices worldwide, in 40 countries and is part of a wider programme of events and initiatives that support and encourage bonds with local communities.

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Edenred – The Only Employee Benefits Provider In The UK To Achieve Hat Trick Of International Accreditations

Edenred (Employee Benefits) is the first provider of employee benefits products and services to earn three top ISO accreditations. These are the ISO9001, ISO14001 and ISO27001 certifications.

It was recently awarded the ISO/IEC 27001:2005, the international best practice framework, and is one of only 477 companies in the UK and 7346 worldwide to achieve this The certificate covers areas including; security policy, risk assessment, communications and operations management, access control, information systems acquisition, development and maintenance, business continuity management and compliance.

Andrew Watson, Information Security Manager at Edenred, commented:

“The security of our client information is critical to our future success and the ISO 27001 certification will play a crucial role in enhancing the trust and confidence in our services, people, processes and technology and deliver value to our customers and business partners.”

These accreditations with further boost the popularity and trust for the Edenred brand who provide a wide range of staff benefits, communication and incentives and rewards schemes for both employers and employees, these are particularly popular around the Christmas period when staff are looking to stretch their rewards and benefits for Christmas shopping with products such as multi store vouchers.

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Edenred Announce Christmas Selection 2011

Employee benefits company Edenred has recently announced its new and improved line of Christmas reward products for 2011, which are guaranteed to be a hit with employers and employees alike.

Choosing the right gift for staff at Christmas can often prove to be a daunting task, as there are so many different options to choose from and so many people to choose a gift for. So this year, Edenred has tried to help its clients by framing its Christmas Reward options in a simple selection box. Now, customers can discover the options that are available, make their selection and enjoy their reward.

Edenred has included many of its most popular gift choices in the Christmas Reward selection, such as capital bonds, compliments cards, store gift vouchers, experience cards, total reward statements, wine and dine vouchers and Christmas hampers.

Andy Philpott, Marketing Director of Edenred said: “At Edenred we understand that, sometimes, the difficulty in selecting the right reward can be down to having too much choice. To tackle that, we’ve launched our great new reward platform, called Compliments Select, which will allow our customers to let their employees and clients choose their own Christmas gift.

“We’re really excited about Compliments Select and we’re confident that it will let our customers give their employees exactly what they want. It can allow you to issue almost any kind of reward to any recipient in any location instantly, so Compliments Select lets you give a reward to all your employees, channel partners and customers using a single online platform, all at the click of a button.”

Employees will be able to go online and redeem their reward by browsing the many options available to them and selecting exactly what they want. Compliments Select will deliver ease and convenience to Edenred customers and choice and value for employees, as well as improved performance and ROI for organisations, making it the ultimate reward.

If current or prospective customers of Edenred do face any difficulties in choosing the ideal gift, Edenred has a trained team of advisors available to help customers decide between the different options available. And, having chosen a reward product, customers will also be able to take advantage of the support that Edenred can offer when implementing incentives and rewards and employee benefits to ensure they deliver maximum ROI, whichever option is selected.

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Edenred Plans Two Major Launches For Employee Benefits Live

Edenred will expand its range of online solutions by launching a major new employee incentives and rewards option and a state-of–the-art benefits platform for employees to visitors to Employee Benefits Live 2011.

Visitors will have the opportunity to learn how Compliments Select, an exciting new addition to Edenred’s highly successful Compliments range of incentive, reward and recognition vouchers, cards and e-cards, will provide the ultimate in employee choice in the run up to Christmas and beyond.

Edenred’s new Employee Savings portal will be the most user-friendly platform on the market. Extensive user-journey analysis and testing have ensured that employees can easily access and select the savings they want. This approach helps to maximise usage and savings and so helps employees to extend their spending power and the employer to maximise ROI.

Andy Philpott, Sales & Marketing Director of Edenred commented: “Online delivery is driving major change in the reward and benefits markets. While we already have superb online solutions such as Webcentiv, Total Reward Statements and our Flexible Benefits platform, these innovations will be further major assets to employers motivating and rewarding their staff pre- and post- Christmas and next year.”

Find out more about these innovations at stand 113 at Employee Benefits Live, or contact Veeraj Lutchman tel 0843 453 4406; or email sales@edenred.com.

Via EPR Network
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Edenred – The Only Employee Benefits Provider In The UK To Achieve Hat Trick Of International Accreditations

Edenred (Employee Benefits) is the first provider of employee benefits products and services to earn three top ISO accreditations. These are the ISO9001, ISO14001 and ISO27001 certifications. It was recently awarded the ISO/IEC 27001:2005, the international best practice framework, and is one of only 477 companies in the UK and 7346 worldwide to achieve this The certificate covers areas including; security policy, risk assessment, communications and operations management, access control, information systems acquisition, development and maintenance, business continuity management and compliance.

Andrew Watson, Information Security Manager at Edenred, commented:

“The security of our client information is critical to our future success and the ISO 27001 certification will play a crucial role in enhancing the trust and confidence in our services, people, processes and technology and deliver value to our customers and business partners.”

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UK May Move Further Out Of Line With Most European Countries On Encouraging Workers To Eat At Lunch Time By Removing Tax Relief

The Government may take the UK further out of line with virtually all major European countries by removing tax allowances to employers that can encourage workers to eat a proper lunch.

Employers can currently claim 15p (0.18 Euros) on luncheon vouchers they provide to staff. In Germany employers receive €3.10 per employee per day: the French Government allows € 5.21 Euros; in Italy the allowance is €5.29; in Switzerland€5.80; in Belgium it is €5.91 Euros and in Spain the allowance is a remarkable €9.00 per employee per day.

Country and Euro per day allowance
Austria = 4.40
Belgium = 5.91
Bulgaria = 1.46
Czech Republic = 2.00
France = 5.21
Germany = 3.10
Greece = 6.00
Hungary = 2.60
Italy = 5.29
Luxembourg = 5.60
Poland = 2.37
Portugal = 7.26
Romania = 2.00
Slovakia = 2.70
Spain = 9.00
Switzerland = 5.80
Turkey = 5.39
United Kingdom = 0.18

Following a Budget announcement by the Government in the Spring, there is at present a consultation period before UK tax relief is due to be reduced to zero in the 2012 Finance bill.

This is despite Dame Carol Black, the Government’s national director for health and work, backing a recent YMCA report which criticised Britain’s ‘no lunch break’ culture and found that one in three people skip eating at work.

According to research by Bupa published earlier this year, UK companies are losing close to £50million a day in lost productivity as workers fail to take a lunch break. Bupa Clinical Director of Occupational Health, Dr. Jenny Leeser, also recently said: “In challenging economic times, the UK work force is in overdrive and the lunch break is falling by the wayside. Instead of taking a break to refuel, workers are using props including chocolates and sweets and caffeinated drinks to get them through the day.”

Andrew Adams of leading employee benefits and flexible benefits provider Edenred commented: “It is widely accepted that eating a proper lunch and taking a break are important for staff to be productive at work. Yet the Government is planning to go in the opposite direction to most European countries by removing the minimal level of tax relief it currently grants.

“Surely if the Government is truly committed to encouraging workers to eating properly at lunchtime and to supporting employers trying to maximise productivity in this tough economic climate, it should be increasing rather than removing tax relief on luncheon schemes?

Via EPR Network
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Major UK Retailers Added To Employee Savings Programme

Four more major UK retailers have been added to Edenred’s extensive employee savings platform, enabling businesses to offer their staff even more opportunities to save money.

The latest retailers to offer discounts on their lifestyle products are award-winning hairdressers Toni&Guy; beauty retailer Crabtree & Evelyn; online wine retailer Naked Wines and Virgin Experience Days which offer gifts from fine-dining restaurants, spa breaks, theatre trips and holidays.

These companies boost the existing portfolio of discounted vouchers and reloadable cards to more than 50 major retail names, while at the same time helping employers to motivate staff with incentives and flexible benefits.

Each employee registers on a dedicated website and can tailor their requirements to ensure they receive discounts that fit their lifestyle and interest. These special offers can also be passed on to family, ensuring that the benefit is spread further.

Wayne Harrington, product manager at Edenred, comments: “We’re pleased to be working with these major UK retailers to add a wide range of discounts to our employee savings platform which in turn provides businesses with a valuable tool in their motivation and engagement strategy.

“In the current economic climate and with VAT increases and tax changes in full force, there is pressure on disposable incomes. Employers who join employee savings schemes can effectively give their staff a pay rise of almost £1000 a year pre tax, at minimal cost to the business.”

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