Mölnlycke Health Care Launches Pension Salary Exchange & Online Total Reward with Thomsons Online Benefits

Written by PayPerShop.com - Filed under: Press Releases on May 9th, 2009

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(London, 8 May 2009) Mölnlycke Health Care, a world-leading manufacturer of health care products and services, has launched online Total Reward Statements and pension salary exchange in the UK in conjunction with Thomsons Online Benefits.

Mölnlycke wanted to enhance employees’ understanding of their total reward package on top of salary, boost the engagement of their 200 plus workforce and achieve tax efficiencies where possible.

Thomsons advised the introduction of pension salary exchange to maximise savings for both the employer and employees. As a means for sharing these savings, Mölnlycke is passing a proportion back into additional pension contributions for employees.

Bespoke Total Reward Statements were built with Thomsons’ award-winning technology PerquisiteTM, which enable employees to view the up-to-date value of their total reward online and make benefits selections in real time. The launch was devised under the brand ‘My Benefits’ and on and offline media, as well as web and group presentations, were used to reach employees across all locations and a field based sales team across the country.

Wendy Blair, HR Director at Mölnlycke, comments: “We have been really pleased with the project and feedback has been very positive. Employees have greater appreciation of their benefits and we are delighted to be able to enhance their benefits package in this way. Thomsons made the project as easy as it could be for us.”

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 21 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 May 9th, 2009