News
David Woods, 04 Mar 2010
Sage has launched a new online flexible benefits package to its UK employees
The new scheme, called Sage Select, includes core benefits such as pension and holiday, plus additional benefits employees can choose to fit in with their lifestyle.
Pension salary sacrifice was introduced to generate savings on National Insurance Contributions with a 98% take-up. The savings were used to provide a healthcare cash plan to all employees. Sage employees can now view their personalised total reward statements and make benefit selections online. They are also offered a range of employee discounts and online payslips to reduce paper and energy and to keep people visiting the site regularly.
Sage, which provides business management software and services to 5.8 million customers worldwide, is working with Thomsons Online Benefits to implement the scheme.
Leisa Docherty, head of HR and reward at Sage, said: "Offering flexible benefits enables our people to mould their package to their lifestyle. Since we are such a diverse and growing business, we also wanted to make the most of benefit efficiencies through salary sacrifice and improved administration.
"In addition, as a technology business we wanted to use partners whose technology and regulated advice was market leading. We had log-in rates of 98%, which we were very pleased with, and this is testament to the way we communicated Select. We are looking forward to continuing to develop Sage Select in the future."
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