It's not news to family office hiring managers that prepandemic employment challenges have only become more intense. COVID-19 just fanned an existing flame of empowerment and flexibility demands. Salary is no longer a potential hire’s biggest concern. When the postpandemic conversation becomes less about where work is done and more about how (and how well), thoughtful programs focused on health and wellness will become table stakes. If your organization doesn’t have a competitive total-compensation philosophy, be prepared to lose in today’s fierce talent war.
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Your employee benefits plan is likely one of your organization's largest expenses and one of your most important for attracting and retaining employees. To help you prepare for open enrollment season, this checklist will assist with your compliance obligations.
More organizations are rethinking their existing wellness programs to create a true culture of health that supports employees’ personal health goals while improving the performance of the organization. Learn how a Health and Performance Program can provide personalized support, tools, and incentives to help individuals make important lifestyle changes that are aligned with performance objectives and your workplace culture.
The forces of change in the health care and employee benefits environment have grown stronger and more disruptive with each year. But the disruption has also opened up a rich set of options to help family offices and businesses respond to the needs of the workforce, promote the need for behavioral changes, and still generate financial benefits for everyone involved. In today’s dynamic landscape, the reality is that only a multi-year strategy can truly manage trending costs and their root causes as year-to-year changes are minimally effective.
From rethinking compensation and benefits to workplace culture and aligning talent development plans with the needs of enterprise families, human resource leaders are adapting to a changing environment. And while technology plays an active role, the "people side of business" is central and essential now and well into the future.