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Evolving the benefit mindset: Responding to employee expectations for choice and personalization (Part 4 in a series)

Aug 13, 2019 4:08:03 PM / by The HR Trove by Willis Towers Watson posted in benefits, human resources, benefits enrollment, health and benefits

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Like many companies, our annual benefits enrollment period ended in November. As I considered the myriad of benefit choices available to me, I reflected back on my very first enrollment experience. I was fresh out of the Army working for a medical equipment manufacturer in 1998. It was the first time I had to make such a decision, as the Army’s benefit plan was rather straightforward – you were enrolled.

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Small organization? Big HR plans? How does access to data help?

Aug 1, 2019 1:40:56 PM / by The HR Trove by Willis Towers Watson posted in benefits, human resources, benefits enrollment, health and benefits

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For small-to-midsize organizations, it can be incredibly challenging to design pay plans that are robust enough to attract the right workforce to support your business strategy at an affordable price. However, the right research and preparation will help ensure your compensation strategy is in step with your industry in spite of your budget constraints.

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Time for a fresh look at the annual benefits enrollment landscape

Jul 8, 2019 10:45:48 AM / by The HR Trove by Willis Towers Watson posted in benefits, human resources, benefits enrollment, health and benefits

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For employers planning to dust off last year’s process for this next enrollment period, stop! If you haven’t made changes, then you’re likely behind the curve.

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Shaping a flexible Total Rewards experience

May 16, 2019 1:00:00 PM / by The HR Trove by Willis Towers Watson posted in compensation, human resources, benefits enrollment, total rewards

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From agile teams to the gig economy, flexibility underpins our new ways of working. In order for Total Rewards to support today’s evolving work ecosystem, programs must flex not only with changing business needs but also with the shifting expectations – especially regarding choice – of a diverse, multi-generational workforce.

Rethinking Total Rewards in this way will help unlock the full potential of employees and shape a better Total Rewards experience.

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Digital transformation will require HR transformation too

Apr 17, 2019 2:39:07 PM / by Michiel Klompen posted in compensation, human resources, benefits enrollment, total rewards

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Many organizations are struggling to attract digital talent. New approaches to total rewards are needed.

In this Digital Age, many organizations, ranging from large multi-nationals to small mid-sized companies, are facing the need for digital talent to transform their business and drive business results. Many organizations have already started to think about their digital strategy, and the impact on business issues including their products, their use of data and their customers’ experience. However, many organizations are less certain about how to manage the HR aspects of their digital transformation.

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Creating fans or disengaging employees during benefits enrollment?

Jul 11, 2018 5:12:26 PM / by Elizabeth Byerly posted in benefits enrollment

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In today’s fiercely competitive job market, being “attractive” to employees means taking advantage of every opportunity to engage and highlight your organization’s value so you can retain and attract the right talent. Individuals are no longer simply looking for a job; they want to be your fans, but they have to know what’s in it for them ― WIIFMs!

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