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BE Summit 2024: Diageo unveils comprehensive benefits strategy for employee wellbeing

by Benefits Expert
29/11/2024
BE Summit 2024: Diageo unveils comprehensive benefits strategy for employee wellbeing
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Global employer Diageo has developed and implemented a comprehensive and inclusive benefits strategy, offering a wide range of benefits that support employees’ physical, mental, financial, and social wellbeing. 

At the Benefits Expert summit, Tolu Osho, head of reward for continental Europe & MENA, presented Diageo’s approach, emphasising the company’s dedication to providing all workers with equitable access to benefits and resources to promote a welcoming and encouraging work environment.

The beverage giant’s strategy focuses on equality and inclusivity, providing both standard and aspirational benefits tailored to the needs of a diverse workforce across its various markets.

According to Osho, Diageo’s strategy is centred on giving staff members the tools and options they need to attain stability and security in their lives.

She said: “Choice is an important thing for us. People go through various life stages, so giving people flexibility and choice to adapt to whatever benefits they need and to meet them at every stage of their life.”

Diageo uses a global tracker to monitor benefits alignment, identify gaps, and plan solutions, Osho said, which supports consistency across regions and helps the employer to continually improve its benefit offerings across various countries.

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BENEFITS UNBOXED PODCAST

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Benefits Unboxed

The podcast from Benefits Expert, the title for HR, reward and benefits professionals.

Seasoned professionals examine the challenges and innovations in today’s employee benefits, reward and HR sector. Every episode, they will unbox a key issue and unpack what it really means for employers and how they can tackle it.

The regulars are Claire Churchard, editor of Benefits Expert; Carole Goldsmith, HR director at the Royal Horticultural Society, and Steve Herbert, consultant and rewards & benefits veteran.

The US DEI Rollback: What It Means for UK Employers
byBenefits Expert from Definite Article Media

The US retreat from diversity, equality and inclusion (DEI) is making waves far beyond the country's borders. In the wake of President Trump’s executive order abolishing DEI across federal government departments, global firms like Goldman Sachs and Accenture have rapidly dialled down their own efforts. 

The influence is being felt in the UK too. However, the UK operates under a different legal framework. It has stronger workplace protections and a government actively looking to enhance employee rights through its Make Work Pay agenda. But as US firms reposition their approach to DEI, UK subsidiaries could find themselves caught between conflicting priorities.

In the latest Benefits Unboxed podcast, co-hosts Claire Churchard, editor of Benefits Expert, Carole Goldsmith, HR director at the Royal Horticultural Society, and Steve Herbert, industry veteran and reward and benefits consultant, discuss how the US DEI rollback might impact UK businesses.

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