ACS Signs Significant New Business in Commonwealth of Virginia With Buck Subsidiary
DALLAS, Aug 30, 2005 /PRNewswire-FirstCall via COMTEX/ — Buck Consultants, an ACS company and one of the world’s leading human resource and benefits consulting firms, announced today that it has been selected by the State Corporation Commission (SCC) of the Commonwealth of Virginia to provide a total rewards assessment. Total rewards include cash compensation, employee benefits, and work/life balance programs.
Buck Consultants will provide a competitive review of the total rewards program, including an analysis of the SCC’s salary levels, benefits, work/life practices, salary structure, and performance management program. Based on the review, Buck will recommend changes to current programs and procedures.
“The Commonwealth of Virginia selected Buck Consultants because its approach, methodology, and project plan were exactly what we were looking for,” said Chester Roberts, Human Resources Director, State Corporation Commission. “The consultants from Buck listened to us, understood our needs, and developed a plan and team that focused on our objectives.”
In addition to total rewards services, Buck Consultants’ compensation consulting line of business advises clients in executive compensation, board of director compensation, performance management, sales force compensation, international compensation, flexible long-term incentive programs, corporate governance, and nonqualified plans.
“Buck is pleased to deepen its consulting relationship with the Commonwealth of Virginia,” said Howard Fine, Buck’s Managing Director. “Our total rewards assessment services will assist the State Corporation Commission to attract and retain the talented workforce it requires.”
Buck Consultants, an ACS company, is a leader in human resource and benefits consulting with more than 1,500 professionals worldwide. Founded in 1916 to advise clients in establishing and funding some of the nation’s first public and private retirement programs, Buck is an innovator in the areas of retirement benefits, health and welfare programs, human resource management, compensation, and employee communication. News and other information about Buck Consultants are available at www.buckconsultants.com . Buck is an independent subsidiary of Affiliated Computer Services, Inc., (NYSE: ACS).
ACS, a FORTUNE 500 company with more than 50,000 people supporting client operations in nearly 100 countries, provides business process and information technology outsourcing solutions to world-class commercial and government clients. The Company’s Class A common stock trades on the New York Stock Exchange under the symbol “ACS”. ACS makes technology work. Visit ACS on the Internet at www.acs-inc.com .
The statements in this news release that do not directly relate to historical facts constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company’s control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company’s prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
SOURCE ACS, Inc.; Buck Consultants
Investor Relations:
Warren Edwards, Executive Vice President- Chief Financial Officer
+1-214-841-8082, or warren.edwards@acs-inc.com
or
Media:
Lesley Pool, Senior Vice President-Chief Marketing Officer
+1-214-841-8028, or lesley.pool@acs-inc.com
both of Affiliated Computer Services, Inc.
or Ed Gadowski, Media Relations of Buck Consultants, +1-201-902-2825
Buck Consultants to Provide Total Rewards Assessment for Commonwealth of Virginia
