The Logic Group launches online total reward with thomsons online benefits
June 14, 2006 (PRLEAP.COM) Business News
The Logic Group manages information and transactions securely for large and medium sized businesses across its European home market. It is a rapidly growing company who played a key role in the UK's migration to Chip & PIN, for which it earned a 2005 Queen's Award for Innovation.The Logic Group decided to improve their employee benefit offering as an integral part of their people strategy, branded ‘Team Logic'. The company is committed to the Investors in People standard and as part of this drive wanted to give employees improved access to information, help and a better understanding of their employee benefits with the ultimate aim of giving them more choice over their package.
The Logic Group selected thomsons online benefits to advise on their benefits and to implement their self-service solution “Perquisite™”. They are following a stepped approach to enhancing their benefits offering, the first step of which was the launch of online total reward statements and discounted benefits including spa breaks, gym membership, holidays, dental insurance, health assessments and medical cash plans. Later in 2006 they plan to add tax efficient options such as childcare vouchers and bicycles with a view to moving towards full flexible benefits in the future.
Sara Williams, HR Director at the Logic Group comments: “Improving the communication and understanding of our employee benefits package is a key part of the HR deal under our Team Logic strategy. We really wanted employees to realise the true value of what they are being provided with.”
“This is proving to be a successful strategy with over 80 per cent of employees already having logged in to view their total reward statement in only two weeks. However this is just the first step in this project, and we look forward to adding new features, benefits and offers in the future”.
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About the Logic Group
The Logic Group manages information and transactions securely for large and medium sized businesses across its European home market. The company delivers unrivalled business value to its customers through the secure provision of card processing and IT services consultancy, together with delivering loyalty and insight programmes. The group has won a number of major awards including the 2005 Queen's Award for Enterprise for the central role it played in the UK roll-out of EMV Chip & PIN. For more information, see http://www.the-logic-group.com
About thomsons online benefits
thomsons online benefits was founded in 2000 to revolutionise the way that benefits are administered and communicated. They have won awards for both their consultancy and technology skills including: "Communication Provider of the Year" in the Employee Rewards & Benefits Awards 2006, "Corporate Adviser of the Year" in the Money Marketing Financial Services Awards 2004, 2005 and 2006, "Most Effective Use of an International Benefits Strategy" in the Employee Benefits Awards 2004 & 2006, "Flexible Benefits Solutions Provider" in the Pensions Management awards 2006, "Advanced Supply Chain Integration" National Innovation category, & "E-business" for London region in the DTI Ecommerce Awards 2004. thomsons online benefits is an appointed representative of AWD Consultancy Ltd, which is authorised and regulated by the Financial Services Authority.
Further information can be found at www.thomsonsonlinebenefits.com
For more information contact:
Caroline O'Keeffe
Tel: 020 7802 5855
Email: press@t-bx.com