Ceridian UK wins pension reform solution contract as Lyreco moves ahead of the crowd
Ceridian UK, one of the UK’s leading HR and payroll providers, has won a contract from the UK operation of Lyreco, the worldwide distributor of workplace products, to provide its new Auto-Enrolment module covering Lyreco’s 1,400 UK employees.
David Woodward, Chief Product and Innovation Officer, at Ceridian UK said:
This contract win is the first from a mid-size employer and underlines the value of our off-the-shelf solution in managing auto-enrolment in a cost-effective and risk-free way.
The Ceridian Auto-Enrolment module automatically identifies and enrols relevant employees into the chosen pension scheme and eases communication and administration. The new Pension Reform legislation places considerable administrative burden on employers and our solution does everything from generating communication to employees to managing the postponement periods and handling refunds in the payroll if an employee opts out. This reduces manual administration significantly while ensuring compliance and eliminating any impact on payroll operations.
Duane Fullwood, Finance Director, at Lyreco UK said:
Although our staging date was not due until August 2013, we decided to bring it forward to coincide with a change in pension provider. The module will manage the electronic exchange of data between our payroll and pension solution and our new pension provider, Scottish Widows.
We believe our bureau payroll is best positioned to do the auto-enrolment determination at the moment pay is calculated. This solution will complement our bureau payroll and allow us to meet our obligations as a responsible employer in what we believe to be the most cost-effective way.
Notes to Editors:
Active in 35 countries on five continents with a staff of more than 10,000 employees, Lyreco ranks among the first worldwide distributors of workplace supplies.
Lyreco sets the benchmark in the office products industry, with quality products and quality service. The company embraces new technologies as they emerge in the marketplace and utilises advanced technology to ensure its clients’ needs are met – quickly and efficiently.
In the UK, Lyreco holds 6,000 stocked products and processes 61,000 orders daily. These are delivered by 1,750 vans in 235,000 boxes each day.
Lyreco was established in 1913 in the UK.
For more information, visit www.lyreco.co.uk
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