TR2484-Total Rewards Statement Solution

Description

The Contracting Entity intends to procure a single party contract for the provision of a Cloud-based (and hosted) SaaS Total Rewards Statement Solution including implementation, licensing, support, and maintenance. ESB now require an enduring solution which is scalable and has the automated capability to refresh data as reward and benefits data changes throughout the year. In addition, this solution would allow for periodic updates to be applied, provide greater accessibility and an enhanced user experience. ESB are intending to procure a product which offers standard ‘off the shelf’ functionality. ESB intends to procure a single supplier contract for the supply, implementation, licencing, support, and maintenance for a Cloud-based, hosted Total Rewards Statement Solution. ESB has a requirement to provide a Total Rewards Statement for all ESB employees which outlines all the benefits we have to offer and compensation an employee receives from ESB as their employer. The Total Rewards Statement Solution will be used to provide a means to communicate the full value of an employee's compensation package. Instead of having to explain each component individually, the Total Rewards Statement will provide a comprehensive overview that can be distributed to all employees. The reward statement will also be used as a tool to deliver information to employees required under the up-coming EU Pay Transparency Directive.