For release: 05 Dec 2006
ExcellerateHRO Signs Contract With 7-Eleven For Benefits Administration Outsourcing
Renewal Agreement Includes Additional Services
PLANO, Texas – ExcellerateHRO today announced it has signed a contract to provide Benefits Administration Services for 7-Eleven, Inc., the largest chain in the convenience retailing industry.
Under the 64-month renewal agreement, ExcellerateHRO will continue providing 7-Eleven’s U.S. employees with Health and Welfare and Employee Profit Sharing/401(k) Plan administration, as well as Deferred Compensation Plan services added under the new contract.
“We chose to continue our relationship with ExcellerateHRO because of the high level of customer service the company provides and the enhancements to our program administration,” said Scott Hintz, 7-Eleven’s director of compensation and benefits.
"Outsourcing Benefits Administration Services to ExcellerateHRO assures 7-Eleven of ongoing cost savings while improving the quality of information to support benefits program management,” said Kathryn Kelly, ExcellerateHRO president. “We are extremely pleased that 7-Eleven has chosen to extend and expand their relationship with ExcellerateHRO.”
Since ExcellerateHRO launched in March 2005, the company has signed or renewed contracts valued at more than $550 million for HR Outsourcing, Benefits Administration, Payroll, and Relocation and Assignment services in North America, EMEA, Latin America and Asia Pacific.
ExcellerateHRO Benefits Administration Services
ExcellerateHRO Benefits Administration Services are delivered on best-in-class technology and industry best practices for program delivery. ExcellerateHRO provides employers with the data and tools to more effectively align both program design and delivery with business needs. ExcellerateHRO enables companies to deliver an enhanced employee experience while achieving a new level of business insight for decision-making and strategic outcomes.
About 7-Eleven, Inc.
7 Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises and licenses more than 7,100 7-Eleven® stores in North America and licenses some 25,300 other stores in 17 countries and U.S. territories. During 2005, 7-Eleven stores worldwide generated total sales of approximately $43 billion. Find out more online at www.7-Eleven.com.
About Towers Perrin
Towers Perrin is a global professional services firm that helps organizations around the world to improve their performance through effective people, risk and financial management. Through its HR Services business, Towers Perrin provides global human resource consulting that helps organizations effectively manage their investment in people. Areas of focus include employee benefits, compensation, communication, change management, employee research and the delivery of HR services. The firm’s other businesses are Reinsurance, which provides reinsurance intermediary services, and Tillinghast, which provides management and actuarial consulting to the financial services industry. Together, these businesses have over 5,000 employees and 78 offices in 76 cities in 24 countries. More information about HR Services is available at www.towersperrin.com/hrservices.
About EDS
EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 40 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.
About ExcellerateHRO
ExcellerateHRO offers a flexible portfolio of human resources (HR) outsourcing services on a global basis to mid-size and large employer organizations. The jointly-owned company combines the outsourcing experience of EDS with Towers Perrin’s HR expertise to provide benefits administration, compensation administration, payroll, recruitment and staffing, relocation, workforce administration and workforce development. Learn more at www.excelleratehro.com.
ExcellerateHRO and the ExcellerateHRO logo are trademarks of ExcellerateHRO LLP. All other brand or product names are registered marks of their respective owners. ExcellerateHRO is a licensee of the Towers Perrin marks. ExcellerateHRO is an equal opportunity employer and values the diversity of its people. Copyright 2006 ExcellerateHRO. All rights reserved.
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