Realigning the workplace savings offering to meet the needs of millennials

September 6, 2019

The concept of ‘financial wellbeing’ has received a great deal of publicity in the past couple of years and many employers are now starting to develop strategies to support staff in this area. However, our research shows that the strategies they are implementing are not meeting the needs of all employees particularly millennials. Financial support in the workplace continues to focus on providing pensions and pension guidance, but this is not a priority for 18- to 35-year-olds.

Spotlight

Secova

Secova provides customized solutions for the administration of employee benefits and human resources, resulting in more efficient HR operations, increased data visibility, and comprehensive auditing capabilities. The Secova solution offers 24x7 Health & Welfare services without requiring our clients to choose between quality and breadth. We accomplish this through our unique operating philosophy of “Engage.Empower.Ensure” by leveraging our 3 P’s: People, Process, and Platform. Founded in 1989 and headquartered in Newport Beach, California, we are dedicated to assisting organizations control costs and improve their value proposition by delivering excellent Health and Welfare services to their employees.

OTHER WHITEPAPERS
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A guide to workforce management for your business

whitePaper | March 6, 2023

A few years ago, workforce management and employee experience initiatives used to be nice-to-haves, but now they are at the forefront of people planning and management. To remain competitive and attract top talent in today’s business climate, companies cannot ignore the added value that digital transformation brings, nor ignore the constantly changing needs of employees. Workforce management solutions (WFM) align business processes and procedures for human capital management.

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7 Tips to Evaluate HR Technology for 2023

whitePaper | March 28, 2023

In a historically tight labor market, your growing enterprise needs every advantage possible to attract and retain top talent. The self-service revolution has redefined the consumer experience, and the modern employee is well acquainted with the convenience and access it provides. Relying on a paper-based or otherwise cumbersome HR system not only frustrates your employees — it pulls the velocity of your business to a crawl. Likewise, the efficiency and accuracy you gain by putting the power of HR data in your employees’ hands is exponential.

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The Definitive Guide HCM Excellence

whitePaper | May 22, 2023

The past 18 months have been a period of massive disruption for businesses across the world. As companies rushed to “go digital” to not only hire, manage, support, train, and engage their people but also get work done, we see the ability to reinvent the business model by HR transformation as critical to thrive in the new normal. In our experience of engaging with customers across industries and geographies, HR transformation is perhaps the biggest investment made by enterprises in support of their strategy. At the same time, it is extremely complex to manage. We feel that customers could leverage and learn from the experiences of other organizations that have embarked on a transformation journey.

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The social enterprise in a world disrupted

whitePaper | December 14, 2021

Deloitte's 2021 Global Human Capital Trends report, "The social enterprise in a world disrupted," examines how organizations and leaders can leverage the lessons of this pandemic to fundamentally reimagine work, shifting from a focus on surviving to the pursuit of thriving.

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AI vs. Humans in Talent Acquisition: Who Wins?

whitePaper | January 17, 2022

That future certainly hasn’t materialized yet, and won’t anytime soon. Even so, artificial intelligence (AI) is far more than just a passing trend, although it is currently largely misunderstood in the recruiting world.

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The Definitive Guide to Structured Interviewing

whitePaper | November 28, 2022

Interviews are one of the most common methods for evaluating job candidates. For many employers, the job interview plays an extremely pivotal role in deciding who to hire. In other words, the stakes of a job interview are very high.

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Spotlight

Secova

Secova provides customized solutions for the administration of employee benefits and human resources, resulting in more efficient HR operations, increased data visibility, and comprehensive auditing capabilities. The Secova solution offers 24x7 Health & Welfare services without requiring our clients to choose between quality and breadth. We accomplish this through our unique operating philosophy of “Engage.Empower.Ensure” by leveraging our 3 P’s: People, Process, and Platform. Founded in 1989 and headquartered in Newport Beach, California, we are dedicated to assisting organizations control costs and improve their value proposition by delivering excellent Health and Welfare services to their employees.

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