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Flexible benefitsPay & benefits

HCL AXON revamps its flexible benefits and pension schemes

by Personnel Today 16 Dec 2009
by Personnel Today 16 Dec 2009

HCL AXON, the world’s largest services provider dedicated to SAP solutions, revamped its flexible benefits and pension schemes in conjunction with Thomsons Online Benefits.

HCL AXON chose Thomsons Online Benefits as a strategic partner, with the aim of enhancing the employee experience of their 650 plus workforce.

An effective communications strategy was devised to boost benefit awareness and understanding amongst employees. The reward brand ‘Choices’ was created for the launch together with an electronic brochure and group presentations with Thomsons’ advisers.

Employees have real time access to their Total Reward Statements at the bespoke HCL AXON site, built with Thomsons’ award winning technology PerquisiteTM. This enables them to tailor their benefits according to their lifestyles while easing administration burden for HR. Some of the benefits on offer are PMI, Dental Insurance, cinema tickets, and ‘give as you earn’.

HCL AXON is also now providing a matched one percent contribution to employees’ GPP. When an employee chooses to contribute via salary sacrifice, HCL AXON also passes back their NI savings. Moreover, ‘my pension’ tool on PerquisiteTM empowers employees’ decision-making by enabling them to select contribution levels and view their funds forecast in real time.

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Karen Green, HR Manager EMEA at HCL AXON, comments: “We have a flexible approach to reward and strive to provide our employees with a reward package that suits their lifestyles. With Thomsons’ advice, we have been able to enhance employees’ engagement with their benefits. Unique logins to the site have already surpassed 77 percent, evidencing the effectiveness of our communications strategy.”


 

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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