FLEXIBLE BENEFITS
Hitachi Consulting launches new harmonised pension plan and flex scheme
Global business and IT consulting company Hitachi Consulting has unveiled a unified employee benefits scheme bringing its flexible and voluntary benefits, pensions and related communication together through one platform, BenPal.
The firm has appointed JLT Benefit Solutions (JLT) to manage its employee benefits on the BenPal platform.
Hitachi Consulting faced a number challenges in terms of its employee benefits strategy. Following the firm’s acquisition of Edenbrook, it needed to merge two pension plans into one new plan with Aviva. Charlie Carrick, Solutions Director, JLT, said: “This was a great opportunity to harmonise benefits but to also increase take up by showing employees how valuable the benefits were that were on offer to them."
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Anthea Carter-Savigear, HR Director, Hitachi Consulting, said: "Take up of the voluntary and flex benefits, including new style benefits such as identity theft cover, has been high, with positive feedback from our employees. This is not only great for employees, as they can manage all their benefits in one place, on a clear and understandable platform, but also for Hitachi Consulting as we now have insightful management information".
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JLT Benefit Solutions is an international group of risk specialists and employee benefits consultants and is “one of the largest companies of its type in the world”. The firm offers a “distinctive choice to our clients and partners through our combination of independence, scale and specialism”. To find out more visit www.jltgroup.com.