“Working with the team at Innecto has been a satisfying experience. Justine and the team understood our challenges and worked closely with us to concisely articulate the opportunities we could embrace that could clearly benefit both the company’s bottom line and the employees that work here.” Innecto provided fresh thinking and outlined creative proposition that fits with our values, USP and strategic objectives.”
Mark Powell, Interim Chief People Officer
About Saga PLC
SAGA PLC is the UK’s specialist provider of products and services to people aged over 50. The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic and is known for its high-quality products and exceptional standards of service across cruise, travel, insurance, money and media.
The Challenge
With 4,000 members of staff, the business provides employees with a comprehensive total reward offer. Its proposition around benefits, however, was largely disjointed and not always easily accessible for staff. With a fresh pair of eyes as a new HRD perspective, Mark Powell questioned if it was providing the best value for money. The business was unsure how competitive the benefits provision was in practice, and within the team there was a lack of clarity on how to best collate its benefits package.
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The Outcome
Innecto was brought in to help Saga unravel its existing practice with a fresh pair of objective eyes. There was a clear need to identify how Saga’s current benefits offering stacked up against its competitors in the market as best practice generally. What’s more, Saga also needed to find out if there were any overlaps or areas for improvement.
Innecto also investigated different creative approaches and initiatives that other companies had in place, to see if there were opportunities and any recommendations, in light of these, that would further strengthen the deal.
Predominantly based on a desktop exercise, the Innecto team sought to understand how benefits were currently utilised by employees and highlight the value provided by the existing offer.
As independent reward consultants, Innecto was able to leverage available data and with their owned sector knowledge, bring clarity to understand the competitiveness of the current package to inform what role benefits should play in the wider reward strategy.
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