Alight Solutions (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today announced it will work with Prym Group to transform its HR technology landscape and HR operations as part of a company-wide focus on digital transformation.
In business for almost 500 years, Prym Group develops, manufactures, and distributes high-quality metal products across a host of categories from clothing to electronic components.
The key to Prym’s longevity and success is its continuous ability to innovate. The Group is now on a mission to further grow, with a continued focus on international expansion. Digital transformation is a key element of this plan and Prym turned to Alight to help transform its HR operations, making it fit for the future.
Malcolm Louth, CHRO at Prym Group said:
“Throughout our successful history, we have continued to focus on innovation. As we look to grow our business even further, we recognize the need to digitally transform – and to focus on the growth of our people through a reinvented HR proposition globally. Having the right strategy and platform in place is a critical element of this initiative.”
At the heart of this program is the need to take a more digitally enabled employee-centric approach to HR technology, HR service delivery, and payroll operations, incorporating all four business units across the Prym Group - Prym Consumer, Prym Fashion, Prym Intimates, and Inovan. Alight will deliver an end-to-end global HR and payroll platform, based on technology from SAP® SuccessFactors® solutions, and provide global payroll services covering the entire workforce of 3,200 employees across 18 countries, as well as 1,200 pensioners.
The approach and technology solution, designed by Alight consultants, will give Prym increased visibility across its HR operations and investment in human capital, enabling it to deliver on its talent strategy, be cost effective, and attract and retain the brightest and best talent required to drive its ambitious international expansion plans.
Malcolm Louth, CHRO at Prym Group continued:
“Working with Alight we will be able to deliver a more efficient approach to our employee proposition and embark upon the evolution of the people agenda across the business. With better workforce analytics and a greater capacity to pivot to talent, my team will be able to make better decisions that will influence the plans and direction of the business. Our HR teams will have much greater transparency into our people data, and current and future skills requirements, ensuring we have the right skills in the right place, to drive our international operations.”
“This transformation program will also improve the experience of our current employees by giving them access to modern and intuitive HR tools to access onboarding information, update personal details, participate in performance reviews, submit absence requests, and check their payslips - generally making life much easier all around. At the same time, our managers will be better equipped to engage and enable their teams to drive growth – personally and for the business as a whole.”
Luca Saracino, Growth Leader, International at Alight said:
“Prym is not alone in the challenges it is facing to drive digital transformation to support its growth ambitions. With multiple business units and a dispersed global workforce,
having visibility into HR data and a consistent approach around the world is key to effective decision making related to business goals and direction.”
Alight is implementing the SAP SuccessFactors platform covering core HR operations. These include:
- performance/goals management
- succession/development management
- compensation management
- employee file management.
Alight will also deliver global payroll services to Prym’s 3,200 active employees and 1,200 pensioners. The eight-year partnership covers Bangladesh, Canada, Chile, China, Czech Republic, Finland, France, Germany, Hong Kong, India, Indonesia, Italy, Malaysia, Poland, Sri Lanka, Turkey, United States, and Vietnam.
For almost 500 years, Prym has been driving innovation. Our ability to solve challenges using smart thinking and in overcoming barriers is embedded in our DNA. Our 3,200 employees worldwide are enablers for products made to meet the needs of tomorrow. With our compelling solutions for creative products for hobbies and crafts, highly fashionable fastening systems and accessories, as well as high-precision electromechanical components we are every day, everywhere.