ExcellerateHRO Signs Contract With 7-Eleven for Benefits Administration Outsourcing
PLANO, TX, December 5, 2006 -- 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/401k 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-ElevenŽ 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 http://www.7-Eleven.com .
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