Grant Thornton harmonises pensions and benefits

Grant Thornton has harmonised its pension scheme and other benefits in
addition to introducing total reward statements, following the merger with
Robson Rhodes last July.

A new stakeholder pension scheme has been introduced for all staff, with
provision for employee contributions of between 3% and 8% to be matched by the
firm, employee benefits.co.uk reports.

Grant Thornton’s previous pension scheme allowed staff to sign up and make
contributions based on age, while Robson Rhodes operated a group personal
pension where staff who made a 4% pension contribution received 6% contribution
from their employer.

An online benefits scheme has also been established which allows staff to
trade holiday entitlement and life assurance up and down. The firm has also
reviewed providers of the other benefits common to both businesses which will
now be offered through a scheme called Your Benefits, Your Choice, provided by
Vebnet.

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story in employee benefits.co.uk