News
David Woods, 09 Feb 2009
IPD has launched a flexible benefits scheme and online total reward statements to streamline its HR function.
The real estate performance analysis provider gave staff complete online access to flexible benefits allowing them to select and model their pension, manage their contributions, buy and sell holidays or select salary-sacrifice perks including childcare vouchers.
The scheme, provided by Thomsons Online Benefits, will be communicated using online brochures and emails as well as group presentations and one-to-one meetings.
Kelly Smith, finance director at IPD, said: "We have a very distinct 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 they are tailored to meet our employees' lifestyles. We needed a solution that would attract the best talent and engage staff in the idea of Total Reward.
"We needed to move away from a paper-based scheme to a robust online system that would reduce our administrative burden to make selection easy for employees to encourage take-up."
Last month IPD introduced an online system to help managers monitor staff holiday more effectively.
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