Personal Group Holdings plc (LON:PGH) has launched its salary sacrifice offer to the employees of Royal Mail Group PLC (LON:RMG) with immediate effect.
This service will be provided by the company’s PG Let’s Connect business.
In October 2017, the company announced that the intended launch of the Let's Connect service to Royal Mail had been delayed for internal operational reasons, but it has now launched the plan in accordance with the group’s revised schedule.
READ: Happy employees equal happy days for Personal Group
Salary sacrifice schemes are when an employee gives up a part of their salary for a non-cash benefit. The company said its Let's Connect business provides salary sacrifice on technology products such as iPads and computers to employees of Personal Group’s clients.
The UK provider of employee services said the Let's Connect business has recently been enhanced and the customer experience improved, having migrated the ordering system onto its Hapi platform.
Mark Scanlon, Personal Group's chief executive said: “This launch underlines the considerable value Royal Mail places in our Let’s Connect product proposition.”
He added: “In turn it also validates our confidence in the business, which forms a key part of our wider offer.”
In early morning trading, Personal Group's shares were 0.2% lower at 421p.