IPD launches flexible benefits in conjunction with Thomsons Online Benefits

Written by PayPerShop.com - Filed under: Press Releases on February 11th, 2009

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(London, 4th February 2009) IPD, the world’s number one provider of real estate performance analysis, has launched a new flexible benefits scheme for their 200 employees in conjunction with Thomsons Online Benefits.

IPD offers a full range of services including research, reporting, benchmarking, conferences and Indices across 20 countries including most of Europe, the US, Canada, Australia, New Zealand and Japan.

IPD wanted to streamline HR processes by moving from paper-based Total Reward Statements to online flexible benefits. Thomsons Online Benefits created a bespoke solution incorporating benefit broking, technology and a unique communications strategy.

The new scheme, dubbed “IPD World of Benefits”, enables employees complete online access to their flexible benefits. They can join the pension scheme using the pension modeller tool, manage their contribution levels, exercise salary sacrifice and choose optional benefits like child care vouchers and buying or selling holidays.

Kelly Smith, Finance Director at IPD said: “We have a very distinct, innovative culture at IPD and we wanted our employees to really understand, and benefit from the range of benefits offered to them, while at the same time ensuring that they are tailored to meet our employees lifestyles. We needed a solution that would attract the best talent and truly engage our employees in the idea of Total Reward.”

Smith continued: “We needed to move away from a paper-based scheme to a robust online system that would reduce our administration burden and make selections easy for employees to encourage take up.”

The scheme was communicated to employees using on and offline media including brochures and email shots. Advisers from Thomsons Online Benefits conducted group presentations and one-to-one sessions to guide employees through the online system, including the pension modeller tool to help them plan effectively for their futures.

IPD World of Benefits is constantly evolving, with an online holiday planner being introduced in January to allow managers to monitor their team’s holiday more effectively.

About Thomsons Online Benefits
Thomsons Online Benefits offer a unique approach to reward. Since our inception, our vision has been to transform employees’ appreciation and understanding of their reward package and to remove the administration and communication headaches organisations suffer as a result of running them. By combining consultancy and technology we create Intelligent Reward™ solutions which add measurable value to a business.

Our combination of innovation and quality has led to us winning 18 awards over the last three years and attracting a prestigious portfolio of clients including Avon Cosmetics, Betfair, the Economist, Getty Images, the Ministry of Defence, Royal Bank of Scotland (RBS), Regus, and Smith & Nephew. Thomsons Online Benefits currently service clients globally from their offices in the UK and Asia.

Thomsons Online Benefits Ltd is authorised and regulated by the Financial Services Authority.
Further information can be found at www.thomsons.com

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Written by PayPerShop.com - or reproduced on behalf of the company supplying the above information.

Filed under: Press Releases on February 11th, 2009