Worrying about money is one of the leading causes of employee stress in employees’ lives – stress that inevitably leaks into the workplace. 80% admit it affects their productivity, wellbeing, and work-life balance.
As an employer, you might be wondering how you can improve your team’s financial wellness. And while it isn’t always viable to give everyone a big pay rise, there is a way to help employees stretch their income further: an employee discounts scheme.
There are many different schemes that offer exclusive employee discounts, so knowing which one is best for your business can be tricky. We’ve put together this guide so you can find the right employee discount scheme for you and your employees.
What Are Employee Discount Schemes?
An employee discount scheme is a benefit offered to employees alongside their salary. It gives them access to a range of savings across a number of different retailers all year round.
These employee perks can range from discounted gym memberships, low cost cinema tickets, or savings on everyday essentials such as groceries.
Common Categories Of Retailers
- Supermarkets
- Fashion
- Health and fitness
- Restaurants and bars
- Travel
- Technology
- Home and garden.
What Are The Different Types Of Employee Discount?
Different employee discount schemes offer employee perks in different ways. Before deciding on a scheme, it’s important to know what formats they offer as some are easier to use than others. Formats include:
- Online cashback
- Digital vouchers
- Reloadable gift cards
- Discount codes.
For example, reloadable gift cards provide big savings, but they have to be physically delivered to an employee, whereas online cashback might offer a smaller discount but can be used immediately.
Why Offer a Discount Scheme?
Staff discounts are a cost-effective benefit which can help save employees hundreds, if not thousands of pounds a year. These employee perks are a great addition to your benefits package, showing your team that you value and appreciate them.
Finding The Best UK Employee Discount Scheme For Your Company
You want to make sure that you offer your staff the best possible discount scheme for the budget you have. Before committing to a scheme, ask yourself the following questions:
What’s The Main Goal Of Introducing Employee Discounts?
Do you want to help employees stretch their income further and help to reduce money worries? Maybe encourage a healthier lifestyle and get people more active? Or do you just want to improve employee satisfaction, work life balance, and company culture?
Knowing why you’re implementing a scheme will also help you to measure its success later on.
What’s Your Budget?
Agreeing a budget from the outset will help you narrow your search straight away. Prices vary depending on which scheme you go for – the more you pay, the bigger the discounts you’ll secure for your team.
What Savings Do Your Employees Want?
There’s no use implementing a reward scheme that your team won’t use. Get employee feedback around where they shop, and where they’d appreciate the biggest discounts. Do you have a large number of parents who’d really like bigger discounts on groceries and days out? Or do you have jetsetters who’d like to save on their holidays? Knowing this from the outset will help you make informed decisions – and boost your employee engagement at the same time.
Top Discount Savings For Employees
It’s not just vouchers and small savings: a discount scheme for your team can save them thousands of pounds a year on everyday items.
Examples Of Employee Discounts Available
Many schemes offer discounts on holidays, gym memberships, eating out, wellness services, and more. We’ve provided some examples of the best discount scheme savings available below.
A discount scheme has the potential to make your employees’ income stretch that much further – helping ease their money worries and increasing your employee engagement. Give us a call on 02074425880 or email help@drewberry.co.uk to find out more.
Key Features Of A Good Discount Scheme
A good staff discount scheme is one that employees will genuinely value and find easy to use. By offering relevant discounts, seamless accessibility, and a variety of options, the scheme can become a meaningful part of your benefits package. Below we’ve provided some of the key features to look out for.
Features To Look Out For
- Broad Range of Retail Partners
A great scheme should open the door to a world of savings across a broad range of categories, from everyday essentials like groceries to exciting perks such as travel, entertainment, dining, and lifestyle treats.
- Regular Updates and New Offers
Stale or outdated discounts can cause employees to lose interest. The best schemes keep things fresh by regularly adding new deals and offering discounts from popular brands.
- Personalisation
A great scheme recognises that no two employees are alike. Options to personalise the benefit, such as exclusive deals tailored to specific interests or preferences, add a personal touch that resonates with employees.
- Good User Experience
The best schemes will offer your team a great user experience – often in the form of an online employee discount platform, like My.Drewberry, which your staff should be able to easily navigate. Employees should be able to self-serve, without having to hassle HR.
- Support and Communication
Finally, strong customer support for both employers and employees is essential. A reliable provider should assist with setup, answer questions promptly, and provide resources to help communicate the scheme effectively to your team. Clear communication ensures employees understand the benefit and know how to use it.
Choosing the Right Discount Scheme: Key Considerations for Employers
Finding the right discount scheme isn’t just about what works for your employees—it also needs to work for your business. While it’s important to offer a benefit that your team will appreciate and use, the scheme should also fit seamlessly into your organisation, aligning with your budget, operational needs, and long-term goals. Before opting for a scheme it’s important to consider:
Workforce Demographics
The first step is to understand what your employees truly value. Consider conducting a survey or gathering feedback to identify the types of discounts that would make the biggest impact. For example, younger employees might prioritise retail and entertainment discounts, while others may favour savings on groceries or travel. Tailoring the scheme to your team’s preferences ensures it will be used and appreciated.
Scalability
Scalability is a vital consideration when choosing an employee discount scheme, particularly for organisations planning for growth or managing a workforce with fluctuating numbers. A scalable scheme ensures that as your business expands, the benefit can effortlessly accommodate more employees without compromising on quality or value. Whether you’re onboarding new staff or opening additional locations, the right scheme will adapt seamlessly to your needs.
Fair Terms And Conditions
When deciding what the best employee discount scheme is for your company, you need to consider the terms and conditions that come with it:
- Are they easy to understand?
- What’s the notice period for cancelling?
- Are there any fees for early termination?
Make sure to ask these questions of your provider before committing to anything.
Ease of Administration
A discount scheme should make life easier, not harder, for your HR team. Look for providers that offer straightforward onboarding processes, minimal day-to-day management, and robust customer support. A seamless experience for both employers and employees ensures the scheme runs smoothly.
Flexibility
When it comes to discount schemes, it’s important to understand how flexible they are. For example, do you want a platform that can be white labelled to align with your branding? Does it offer just discounts or can you add other employee benefits?
The best employee discount schemes will provide you with a platform that you can tailor and mould to fit with your specific needs, giving you the functionality to add and remove employees easily.
Integration with Existing Benefits
Many organisations already offer a variety of employee benefits, so the discount scheme should integrate seamlessly with any existing platforms or systems. This reduces administrative complexity and creates a cohesive experience for employees accessing their benefits.
Compare The Top Employee Discount Scheme Providers UK 2026
To help you find the right employee discount program, we’ve compiled a list of the biggest providers in the UK. When researching, keep in mind what you need from a scheme, along with what discounts will motivate employees.
Compare Employee Benefits Quotes and Get Specialist Advice
Setting up and maintaining your employee perks requires a decent bit of admin, so it quickly becomes time consuming. We do the heavy lifting for you, giving you more time to focus on what matters.
We live and breathe employee benefits, doing this day in-day out for businesses just like yours. Looking at the bigger picture, we get to know your unique workforce and bench your offering against competitors.
Best of all? We have access to the most competitive rates on the market for core benefits such as Group Life Insurance, Group Health Insurance, and Group Critical Illness Cover. Give us a call on 02074425880 or email help@drewberry.co.uk.
Why Speak to Us?
Employee benefits can be a headache. But our specialists do this day-in, day-out, offering first class service when you need it most. Here’s why you should talk to us:
- Award-winning independent employee benefits consultants, working with leading UK insurers and benefit providers
- Assigned specialist on hand to help – every step of the way
- 4127 and growing independent client reviews rating us at 4.92 / 5
- Authorised and regulated by the Financial Conduct Authority. Find us on the financial services register
- Claims support when you need it most.