Thomsons Online Benefits
 | |
| Private Company | |
| Industry | Software |
| Founded | 2000 |
| Headquarters | London, England, UK |
Key people |
Michael Whitfield, CEO[1] Chris Bruce, Managing Director[2] |
| Products | DarwinTM [3] |
| Website | Thomsons.com |
Thomsons Online Benefits is a global benefits management and employee engagement software company that also provides consultancy services related to reward, workplace pensions and employee benefit programmes. With offices in London, Burlingame, USA, Singapore and Cluj, Romania, the firm employs over 400 staff.[4]
History
Thomsons Online Benefits was founded in 2000 and was subject to a venture capital backed management buyout in 2004 funded by Pi Capital. It was ranked 86th in the Sunday Times Tech Track 100 listing for 2011 (81st 2010, 72nd 2009, 44th 2008, 54th 2007, 32nd 2006), a sister listing to the Sunday Times Fast Track 100 for Britain's fastest growing unquoted technology companies,[5] and obtained a listing in the EMEA Deloitte Fast 500 in 2007[6] and 2009.[7] In 2012, the firm was ranked 158th in the Sunday Times HSBC International Track 200 league table.[8]
In January 2013 the US private equity firm ABRY Partners took a majority stake in the company, valuing the company at "close to £100m".[9]
In September 2013 Thomsons Online Benefits opened their first office in North America in Burlingame, California.[10]
Operations
Thomsons Online Benefits provides an on-demand Employee benefits management software for its clients, who collectively have over 600,000 employees, from companies including Microsoft, Cisco, RBS, Electronic Arts, Debenhams, City and Guilds and Trowers & Hamlins.[11] Their main software Darwin is deployed in 19 languages and in over 70 countries worldwide. Thomsons also performs an annual UK Employee Rewards Watch as well as Global Employee Benefits Watch [12] which has tracked, among other things, changes in employers' perceptions of the value of flexible benefit provision.