Lloyds TSB extends payroll contract with Ceridian

Lloyds TSB has extended its contract with Ceridian to provide its outsourced payroll services for another five years.

The new deal extends the existing seven-year relationship for a further five years, and follows a competitive review. As part of the agreement, Ceridian will be supplying Lloyds TSB with a fully-managed payroll for its 98,000 UK staff and pensioners, delivered by teams based in Bristol and Birmingham.

Bernard O’Driscoll, group HR services director at Lloyds TSB, said: “Ceridian’s dual emphasis on cost-management and superlative service matches our own ambitions for HR services supporting achievement of our business goals.”