HSA Bank Offers Important Insight for Employers in Third Annual HSA Bank Health & Wealth Index Report

HSA Bank | July 17, 2020

HSA Bank, a division of Webster Bank, N.A., today released its third annual HSA Bank Health & Wealth Index, a report that explores trends in consumer financial and physical health. A total of 2,000 U.S. adults were surveyed about their health plan enrollment status, health practices, ability to pay for healthcare, and confidence in their own health and wealth. Each consumer received a combined health and wealth score between zero and 100. The average consumer was found to be moderately engaged in their health and wealth with an average index score of 56.4. HSA Bank has been running this survey annually for the past three years, giving these insights context and depth. Key findings from the 2020 Health & Wealth Index revealed: Consumers are unfamiliar with important aspects of their health plan.
Only nine percent of the age group newest to the workforce (Generation Z) knew their out-of-pocket maximum. Additionally, 42 percent of all consumers surveyed didn't know if their plan was HSA-eligible.

Spotlight

In a high-velocity business, the status quo is not good enough. Operating in today’s disruption-fueled environment requires a high-velocity workforce. Agile, relevant, empowered. Chief Human Resources Officers (CHROs) are taking advantage of this opportunity to position HR in the center of the organization, sparking a change reaction to help the business and its people adapt and thrive in the face of digital transformation.


Other News
TALENT ACQUISITION

DHR Global Enters 2022 with a Bold New Brand Identity Focusing on the Power of Connection

DHR Global | January 14, 2022

Global talent advisory firm DHR (formerly DHR International) enters the new year with a brand refresh that includes a new logo, website, and marketing materials. New brand identity. Same trusted company. "We celebrated 30 years in 2019. It was a great time to take stock and reflect on how the organization has evolved. We've grown dramatically from a firm with two offices and 20 people to more than 50 locations across 22 countries, offering a full range of talent advisory services. And we're just getting started, Our new brand gives us a chance to put a fresh foot toward the future while keeping the tried-and-true values and mission on which we were founded." -Geoff Hoffmann, CEO, DHR. The refresh comes as the company continues its growth trajectory and furthers its commitment to clients, candidates, employees, and the communities it serves. DHR's brand promise, Always Connected, conveys its broad network, industry insights, and global collaboration to drive results for clients. As client leadership search needs have expanded, DHR also sought to connect its executive search and emerging search company, Jobplex under one brand visually. "With global reach and the high-touch customization of a search boutique, we continually express our commitment to excellence. And, at the heart of this progress has been our people and their ability to connect, Our research showed that our relationships and deep expertise are what sets us apart. The new brand reflects that our business is about the power of the connections we make." -Suzanne Jacob, CMO, DHR. Led by DHR's internal marketing team, the company worked with Finn Partners to develop the vision and creative direction for the refresh. About DHR Global DHR is a leading, privately-held provider of executive search, leadership consulting, and emerging leader search solutions in more than 50 markets spanning 22 countries. With expertise in more than 20 industries and functional areas, DHR pairs clients with resourceful consultants who have the most experience in their world. For more than 30 years, DHR has solved talent challenges by being connected, accountable, attentive, and prepared to hit the ground running to ensure clients have the best talent available.

Read More

EMPLOYEE BENEFITS

Globalization Partners Announces Full Suite of Solutions Making It Even Easier to Hire and Manage Remote Talent Globally

Globalization Partners | June 13, 2022

Globalization Partners (G-P), the leading Global Employment Platform™ that makes it fast, simple, and compliant for companies to hire anyone, anywhere – today announced global availability of G-P Recruit, G-P Contractor, and G-P API. Now it is even easier for companies to find and hire talent efficiently and ethically anywhere as quickly and easily as they would hire talent locally. "Globalization Partners' infrastructure comprises a SOC-2 certified full technology stack and in-house HR, tax, and legal resources to support consistent service quality, minimized reliance on third-party ICPs, and data security, The company's continued commitment to technology-focused R&D, including AI integration and multicurrency payment options, including cryptocurrency, will attract current clients and prospective buyers." -Jeanine Crane-Thompson, Principal Research Analyst at NelsonHall, HR Technology & Services practice. Built in-house by a team of world-class engineers and industry experts, together the products solve today's most pressing issues: finding and managing remote talent. As the industry leading Employer of Record provider, G-P helps companies mitigate risk and manage compliance, taxes, benefits, and payroll globally without establishing in-country entities or subsidiaries. This powerful combination within the platform provides everything companies need in one place with features that include: G-P Recruit Today, growing companies are facing increasing pressure in a highly constrained labor market to find talent, however, finding the right recruiting partners is complex and time consuming. Using G-P Recruit means one contract, a simple fee structure, and a partner that is working in the best interests of the Customer, rather than needing to find, negotiate and manage multiple unknown recruitment partners. We understand international hiring and employment and G-P Recruit provides a technology enabled one-stop shop that removes complexity. Learn more about G-P Recruit here. G-P API HR departments spend close to 60% of their time and resources on transactional and operational tasks and activities. Even with tools and software designed to save time and improve productivity, juggling multiple dispersed platforms is time consuming without the right infrastructure to unify them. G-P's open API makes it easier for organizations hiring and managing global talent by simplifying and automating tasks across multiple platforms including third party HCM solutions. This makes it possible to maintain a single source of truth for all global talent, thus reducing errors and supporting data governance processes. Read more about the G-P API and sign up to get started here. G-P Contractor Every company's global growth strategy is different, however the key to international success is being able to access global remote talent regardless of the employment type. G-P Contractor enables companies to hire contractors in 187 countries, quickly and easily and pay them in 150 currencies. As a part of our Global Employment Platform™, this offering provides support throughout the entire lifecycle of contractors hired for both short- and long-term projects. Read more about G-P Contractor here. "Companies need to act quickly in order to find, hire, and onboard the best talent wherever those individuals are based in the world, By continually investing in our Global Employment Platform™ and adding capabilities which automate global remote hiring processes, we are enabling companies to solve today's talent challenges in the global remote employment landscape and achieve their business objectives." -Nat Natarajan, Chief Product and Strategy Officer, Globalization Partners. G-P's Global Employment Platform™ enables companies of any size to expand internationally in days and provides talent with access to a world of opportunities. Families and even communities can stay intact. Smaller companies can better compete at scale with larger incumbents. And companies can gain access to the best talent no matter where they are in the world while also realizing the benefit of globally distributed teams. About Globalization Partners Hire international talent quickly and easily. Use our AI-driven, automated, Global Employment Platform™ supported by our in-house, worldwide HR experts. Trust the named industry leader that consistently attains 98 percent customer satisfaction ratings. Globalization Partners: Succeed Faster.

Read More

RECRUITMENT & RETENTION

NFI’s Melissa Winkleman Promoted to Senior Vice President, Human Resources

NFI | January 04, 2022

NFI, a leading supply chain provider headquartered in Camden, N.J., recently announced the promotion of Melissa (Kosmin) Winkelman, to Senior Vice President, Human Resources. In this role, Winkleman will contribute to the broadening of talent strategies to match NFI's growth. “Our people are central to NFI’s overall strategy, and NFI continues to make it a priority to invest in attracting and retaining the best talent, Melissa has been a true partner in growing the HR function at NFI. She has been instrumental in aligning the HR Operations teams with the field teams, and has had a hand in implementing countless improvements to our programs and policies, Melissa has played a critical role in helping the HR team provide exemplary service, both locally and to the field” - Nancy Stefanowicz, Executive Vice President and Chief Human Resource Officer at NFI. Winkleman started at NFI in 2015 as the Vice President, Human Resource Operations and Compensation, and has helped to support all field-based startups, acquisitions, compensation, talent, and HR operational activities. Winkleman also serves as a Board Member of The Philadelphia Society of People & Strategy (PSPS), the premier senior-level human capital association for exchanging ideas, knowledge, and fellowship among the Greater Philadelphia Region's senior HR and business leaders. Founded in 1932, NFI has more than 15,000 employees spanning 300 locations throughout North America across numerous areas including operations, engineering, sales, transportation, and IT. This past July, the company was recognized as one of the Largest Employers by the Philadelphia Business Journal. In addition, NFI was recognized by Ripplematch as a top workplace for Generation Z: The Next Gen 100 this month. This list identifies organizations that go above and beyond to craft a workplace that empowers their employees to thrive professionally and personally. About NFI NFI is a fully integrated North American supply chain solutions provider headquartered in Camden, N.J. Privately held by the Brown family since its inception in 1932, NFI generates more than $3 billion in annual revenue and employs over 15,000 associates. NFI owns facilities globally and operates more than 60 million square feet of warehouse and distribution space. Its dedicated fleet consists of over 4,600 tractors and 13,00 trailers operated by 3,900 company drivers and leveraging partnerships with 500 independent contractors. NFI has a significant drayage presence at nearly every major U.S. port, leveraging the services of an additional 1,500 independent contractors. The company’s business lines include dedicated transportation, distribution, ecommerce fulfillment, brokerage, transportation management, port drayage, intermodal, global logistics, and real estate.

Read More

WORKFORCE MANAGEMENT

CrossCountry Consulting Announces Spin-Off of Workday Practice into Standalone Technology Company CrossVue

CrossCountry Consulting | April 27, 2022

CrossCountry Consulting, a leading business advisory firm, announced a spin-off of its Workday practice into a standalone company, CrossVue, dedicated exclusively to the Workday ecosystem. As a full-service Workday deployment partner, CrossVue will remain committed to providing exceptional Workday services and solutions to drive business transformation. CrossCountry will continue to deliver business advisory and technology solutions that enable companies to transform operations, minimize risks, and achieve future growth. Backed by RLH Equity Partners, CrossVue will further develop its position in the industry with a powerful go-to-market strategy led by CEO Jill Jones, CrossCountry's former Workday Practice Lead. As a contemporary consulting firm that provides the blueprint for modernizing client operations and processes through Workday, CrossVue will continue to provide advisory, deployment, and post-production support to clients throughout a wide range of industries including medium to large enterprise, healthcare, financial services, private equity, and nonprofit. "Over the past 11 years, we've built a strong reputation for being fast and nimble in order to reach our goals and to serve our customers, Today's announcement clearly marks another significant accomplishment in our firm's history, and we look forward to continued growth and success across our advisory services and technology solutions. Both CrossCountry and CrossVue will continue our strategic relationship and partnership as we utilize the complementary strengths of both firms to support our clients." -Erik Linn, Co-Founder and Managing Partner of CrossCountry Consulting. CrossCountry's Advisory business has a demonstrated record of excellence and performance over the past 11-years. The strategic focus on advisory and technology-enabled solutions will position CrossCountry to continue to capitalize on favorable industry trends, better serve its clients, and enhance its growth. CrossCountry Consulting is a trusted business advisory firm that provides comprehensive solutions encompassing business transformation, technology, accounting, risk, and cybersecurity. We partner with our clients to help them navigate complex business challenges and achieve goals related to improving operations, minimizing risks, and enabling future growth. AboutCrossVue CrossVue is a contemporary consulting firm providing the blueprint for modernizing client operations and processes through Workday. As a leading Workday advisory, deployment, and post-production support firm, we drive critical results for our clients and help them reach their transformation goals through the Workday platform.

Read More

Spotlight

In a high-velocity business, the status quo is not good enough. Operating in today’s disruption-fueled environment requires a high-velocity workforce. Agile, relevant, empowered. Chief Human Resources Officers (CHROs) are taking advantage of this opportunity to position HR in the center of the organization, sparking a change reaction to help the business and its people adapt and thrive in the face of digital transformation.

Resources