Avon and IBM Announce HR Partnership

Avon Products, Inc. and IBM announced a strategic multi-year business partnership by which IBM Global Services will provide Avon with a portfolio of specialized human resources services and technologies. Financial terms were not disclosed. Under the partnership, IBM will provide Avon with support for certain key HR processes, including compensation, payroll, benefits, and performance management. IBM also will maintain HR call center support for Avon employees in a select number of Avon countries worldwide. In addition, IBM will provide Avon with specialized technologies, including a Global Human Resources Information System, as well as compensation planning, performance management and workforce analytic tools to standardize processes and make Avon’s HR function more streamlined and efficient.