Parity Launches 'AIR MILES'

Parity Group PLC 29 August 2000 Parity Group plc Parity launches 'AIR MILES' loyalty programme for IT contractors Industry-exclusive deal rewards contractors, consultants and permanent placements Parity Group plc announces an important new initiative in the IT resourcing and recruitment market with the launch today of the Parity AIR MILES programme. The scheme, exclusive to Parity within the IT services sector, gives UK-based IT contractors, consultants and permanent recruitment candidates the opportunity to earn AIR MILES through placements with Parity Resources, Parity EuroSoft and Parity Selection respectively, the European components of Parity's Software Services division. AIR MILES, the UK's leading loyalty programme, provides thousands of travel and leisure offers in return for miles. In addition to earning AIR MILES by being placed, contractors and consultants will be rewarded with additional AIR MILES the longer the duration of their contract with Parity. The scheme will also offer additional AIR MILES for premium skills that are in short supply, crucial at a time of severe e- business skills shortages. For clients, Parity will be able to tailor the AIR MILES incentives to suit their IT resourcing needs in terms of both skill requirements and length of project. Commenting on the initiative, Rick Bacon, Managing Director of Parity Software Services, said: 'We are delighted to have entered into this exclusive arrangement with AIR MILES, which we believe is an important addition to our existing contractor care programmes. We expect it to be very effective in both developing contractor loyalty and attracting key skills to Parity. Significantly, since we are only rewarding people for actually working on projects and remaining with Parity, the scheme will be very cost-effective.' Under the programme, contractors, consultants and candidates receive a placement bonus of between 100 to 650 AIR MILES for each new contract/assignment or placement. Quarterly loyalty bonuses of between 80 to 160 AIR MILES, depending upon the length of the contract/assignment, will offer contractors and consultants the opportunity to gain up to an additional 640 AIR MILES each year. Parity is supporting the launch of the Parity AIR MILES programme with the a dedicated web site (www.milesbetter.net) that provides comprehensive details of the scheme and gives contractors and candidates the ability to register with the AIR MILES programme. For further information please contact: Parity Group plc 020 7776 0800 Rick Bacon, Managing Director of Parity Software Services Michael Harrington, Group Communications Director Financial Dynamics 020 7831 3113 Giles Sanderson/Jon Earl Note to editors: Parity's Software Services division, part of Parity Group plc, comprises Parity Resources, Parity Selection, Parity EuroSoft and Parity Teltech. The division, which provides integrated IT resourcing and recruitment solutions throughout the UK, mainland Europe and the USA, had a turnover of £254 million in the year to 31 December 1999.
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