Plano, TX-based ExcellerateHRO said it will provide benefits administration services for Bank of America, one of the world’s largest financial institutions, under a new, five-year contract that covers flexible benefits plan services to more than 10,000 Bank of America associates in the U.K., Ireland, and Canada.
The contract expands the scope of benefits administration services already provided by ExcellerateHRO through the addition of associates in the U.K. and the launch of flexible benefit plan services for Bank of America employees in Ireland and Canada.
“We are delighted that Bank of America has chosen to expand its relationship with ExcellerateHRO,” said Kathryn Kelly, ExcellerateHRO president. “We look forward to serving the needs of Bank of America associates with our innovative technology solutions and best-in-class service offerings.”
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