Industry:
Not-for-profit
Number of employees:
980
Number of locations:
2 UK offices
Platform features:
Discounts, Communications, Wellbeing, SmartTech™ and Holiday Trading
How we helped
Working closely with Reward Gateway | Edenred, the Medical Protection Society (MPS) launched MADE for Me – a central platform that streamlined access to all resources, applications and employee benefits. Alongside the platform launch, the team introduced SmartTech™ and a new Mortgage Advice Service, as well as reviewed the Holiday Trading rules to open it up as a more inclusive benefit. Existing health and wellbeing resources were more clearly signposted, and educational resources that developed financial confidence were promoted.
Uniting and promoting the company’s existing support, benefits and resources had been one of the key objectives of the platform. MADE for ME successfully achieved this by pulling together everything from employee discounts right through to payroll lending and educational materials from the MPS learning platform. Ease-of-use has also been key, with employees able to access the platform from any work or personal mobile or laptop, at any time.
What they achieved
As a central platform that effectively integrated financial wellbeing into MPS’s overarching wellbeing strategy, MADE for Me directly addressed employee concerns about the rising cost of living. Since its launch, annual wellbeing survey results have significantly improved. Employees feel more supported, more ‘on top’ of their personal finances, and more aware of the resources available to improve their general wellbeing.
Engagement with employee discounts has surged, with usage more than doubling in the month following the start of the new strategy. The first application for a SmartTech™ purchase came within an hour of the platform’s launch and applications have continued to rise consistently. Participation in payroll savings and lending options has grown steadily, with employees reporting feeling significantly more informed and confident in managing their finances.
The integration of financial support with broader health and wellbeing resources has delivered a more holistic approach, ultimately reducing stress and anxiety and contributing to a more positive workplace culture.
The MADE for Me platform enabled MPS to maximise existing resources and leverage partnerships; delivering significant support and helping to alleviate employee financial pressures without incurring additional costs
The Medical Protection Society won the Best financial support strategy for employees category at The Appreciation Awards 2024 in recognition of the positive impacts of MADE for Me. Congratulations!
"Our strategy was designed to be inclusive, accessible and stigma-free, fostering a culture of openness around financial wellbeing. By integrating financial wellbeing into our existing strategy and pulling everything together in MADE for Me, we provided comprehensive support and ultimately enhanced employee wellbeing overall."
