Lloyds TSB extends outsourcing deal with Ceridian for payroll services by five years

Lloyds TSB has signed a multi-million pound outsourced payroll deal with human resources services provider Ceridian.

The agreement covers Lloyds TSB’s 98,000 staff and pensioners in the UK, and extends the existing seven-year relationship with Ceridian for a further five years.

Teams based in Bristol and Birmingham will deliver the service for Lloyds TSB.

Bernard O’Driscoll, group HR services director at the bank, said: “Ceridian’s dual emphasis on cost-management and superlative service matches our own ambitions for HR services supporting achievement of our business goals.”

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

Email(Required)

OptOut

From time to time, we will send you emails about selected products, events and services from Personnel Today and OHW+ - but you can choose to opt-out at any time. If you do not wish to receive these emails, please tick this box.

Phone

This field is for validation purposes and should be left unchanged.

Δ

Doug Sawers, managing director of Ceridian in the UK, said: “To have worked with Lloyds TSB through a highly competitive re-bid process and come out again as its first choice is a reflection of the effort and expertise our people have brought to this partnership over the past seven years.”