ORBIT BENEFITS CASE STUDY
Rubicon drives expansion into Orbit
The competitive skills market in the technology sector makes acquiring and retaining the right personnel difficult for small and medium sized companies. In a sector where large corporations can lure staff with generous benefits packages, companies that cannot afford to dedicate resources to this area can lose out.
To redress this imbalance, Rubicon, the insurance consulting and interim management specialists, made the decision to outsource benefits provision to a specialist when the company started in December 2000. Based on a recommendation, it selected Orbit Benefits to arrange a competitive package. At the time, the company's major concern was to save valuable staff hours so that all efforts could be channelled into growing the core areas of the business.
“As a small, busy company, it made sense to outsource non-core functions to save time”
Diane Bromley Head of Human Resources at Rubicon.
Since launch, it has extended its relationship with Orbit to run benefits for its 600 employees in eight locations in the UK.
One advantage of the relationship with Orbit is the flexibility it offers to scale benefits in line with company expansion. As Rubicon has grown, organically and through acquisitions, the emphasis on the competitiveness of benefits provision has been key to staff satisfaction. Diane adds:
“When we have made an acquisition, people from Orbit have gone to the new site within a few weeks and presented to employees to explain their new benefits options. This has helped smooth the process of integrating new staff at a time of uncertainty”.
Diane Bromley Head of Human Resources at Rubicon.
Orbit's commitment to supplying information to Rubicon's employees is paramount to the company's fostering of transparency and autonomy for the user. According to Diane, employees take a much more active involvement in their benefits than they have under previous employers, and she is expecting this to increase further as the company rolls-out Orbit's on-line service to new locations.
The fact that Rubicon itself offers outsourced services to clients makes employees very discerning about the service they receive through their outsourced relationships.
“We expect high standards from Orbit, just as we offer our clients high standards”
Diane Bromley Head of Human Resources at Rubicon.
“The quality of Orbit's provision means we can rest assured we are offering competitive benefits, satisfying not only our employees but also contributing to the success of the company.”
Diane Bromley Head of Human Resources at Rubicon.
Diane adds:
“The package offered by Orbit Benefits has added to our reputation as a good employer and enabled us to attract the most highly skilled staff. This has contributed to our rapid growth”.
Diane Bromley Head of Human Resources at Rubicon.
Company background
Rubicon Corporation provides expert insurance solutions and services to branded insurance distributors and insurance companies in three focal areas:
- Consultancy and interim management in insurance marketing, product development and operational strategy.
- Third party administration (TPA) and business process outsourcing (BPO) for insurance sales, policy processing and claims.
- Underwriting facilitation and support.
Rubicon provides a unique 'white-label', end-to-end insurance capability, solely dedicated to enhancing clients' brand values, and offers bespoke turnkey solutions for new entrants to the insurance market as well as more established players. The company was founded by Bradley Brandon-Cross, formerly managing director of GE Financial Insurance, and Max Carruthers, formerly chief executive of Eastgate Assistance.
About Orbit Benefits
Orbit implements and runs on-line employee benefit packages for UK corporate clients using its own Internet-based technology platform (visit www.orbitbenefits.com). The Orbit proposition gives companies and their employees a combination of on-line empowerment and off-line expertise from qualified financial advisors. With a 'self-service' capability and personalised interactive tools, employees enjoy full control over their benefits, including pensions from leading UK providers and protection schemes, like healthcare, with any insurer. Employers gain through heightened awareness and appreciation of benefits, improved productivity in their HR team and greater control over costs.
Orbit provides Total Reward Statements and flexible benefits on the same technology platform to give companies the option of an integrated benefits solution from one supplier. With the A Day pension changes coming into force in April 2006, Orbit is already well-positioned to help UK companies plan for the future. Orbit Benefits Limited is authorised and regulated by the Financial Services Authority and is a member of the SBJ group.
This case study was updated in April 2006.
Contact Orbit
www.orbitbenefits.com
info@orbitbenefits.com
Tel: +44 (0)20 7204 1212
Fax: +44 (0)20 7204 1313
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