AIHR

APRIL 10, 2024

Candidates with a thorough knowledge of global labor laws and those who have had exposure to multicultural talent management are highly sought-after assets for multinational companies in the globalized business world. This, in turn, can translate into advancement opportunities and increased earning potential within the global HR field.

Human Resources 59

Human Resources Compensation Education Operations 59

Vantage Circle

JUNE 5, 2024

They include health insurance, paid time off, retirement plans, etc. Ergonomic Workstations Employees, companies' primary assets, face a staggering loss when their employees meet with ergonomic injuries. Make sure to use tools to benchmark your perks against the perks offered by competitors to ensure competitiveness.

Implementation 59

Implementation Benefits Retention Employee Engagement 59

Harvard Business Review

DECEMBER 8, 2015

A 2014 study in the International Journal of Health Services found that doctors spend close to 17% of their work week on billing, insurance, and other administrative work. How well is front desk staff capturing insurance information? .” Medical groups and hospitals are no different.

Assets 14

Assets Workflows Administration Insurance 14

Harvard Business Review

SEPTEMBER 29, 2011

Concurrently, institutional investors — particularly pension funds, insurance companies, endowments, and other asset "owners" with long-term obligations — can learn to be better shareholders. Globally, these asset owners manage significant sums, exceeding $50 trillion at the end of 2009. over this period.

Assets 15

Assets Telecommunications Benchmarking Insurance 15

Harvard Business Review

JANUARY 31, 2017

For example, automobile insurance companies like Allstate, Progressive and State Farm have launched programs to use connected devices to monitor customers’ driving patterns. Insurers can use this data to better understand their customers and to price policies accordingly. Digital leaders are 2.3x Digital leaders are 2.6x

Digital Transformation 16

Digital Transformation Operations Benchmarking Insurance 16

Harvard Business Review

APRIL 28, 2015

The Challenge of Investing in Digital Assets. Unlike their industrial peers, managers of asset-light businesses focus little on the balance sheet. While we have tools and financial statements that help us manage investments in physical assets , we don’t have the same for digital assets and information.

Balance Sheet 14

Balance Sheet Manager Assets Software 14

Harvard Business Review

NOVEMBER 25, 2013

It doesn’t need to be complicated; in one company, a marketing department saved 20 percent after simply benchmarking the money they were spending on external agencies. As a long-term asset of significant value, the brand should be part of those calculations. Too often, the brand is perceived as a “fuzzy” asset that’s hard to quantify.

Benchmarking 9

Benchmarking Metrics Advertising ROI 9

Harvard Business Review

JULY 19, 2017

A 2014 study from Constellation Research quantified the accelerating rate of change in the enterprise by examining a simple benchmark — the entry and exit of U.S. Zurich Insurance Group Takes Its IT Infrastructure to the Agile Cloud. Disruption has accelerated dramatically, and the numbers prove it. No industry is immune.

Digital Transformation 8

Digital Transformation Benchmarking Insurance Assets 8

Harvard Business Review

MAY 8, 2017

How have the firm’s growth, profits, and stock performance compared to a relevant benchmark (NASDAQ for a tech company, for example, or DAX Index for a German firm) during the transformation period? How effectively has the company adapted its legacy business to change and disruption, giving it new life? Financial performance.

Revenue 16

Revenue Metrics Accounts Travel 16

Zenefits

AUGUST 30, 2022

Generally, health insurance, PTO days, and remote work tend to be the top core offerings. But there’s another bread and butter benefit that should be on your radar: life insurance. How does employer-sponsored life insurance work? Purchasing life insurance for your workers is fairly straightforward.

Insurance 52

Insurance Benefits Travel Onboarding 52

AIHR

JULY 31, 2023

In this view, HR recognizes that employees are a company’s most critical asset. Rewards include salary, perks, and benefits like health insurance, remote work, and performance-based bonuses. Human Resources plays a vital role by ensuring the company’s most important asset – its workforce – is well cared for.

Human Resources 92

Human Resources Recruitment Onboarding Compensation 92

Walk Me

AUGUST 18, 2022

Because of the many different types of treatments and their varying costs, along with health insurance providers with differing charges, budgeting becomes a bit more complicated than buying bread and milk. Managers use benchmarking to learn from other healthcare organizations and set comparative metrics to hit realistic targets.

Manager 52

Manager Hospitality Insurance Operations 52

AIHR

FEBRUARY 6, 2025

It outlines all the financial and employer-paid benefits an employee receives, including bonuses, incentives, retirement contributions, health insurance, paid time off , and other perks like wellness programs or tuition reimbursement. Life insurance: $1,200 annually for a company-provided policy equal to your base salary.

Compensation 93

Compensation Insurance Benefits Transportation 93

AIHR

MAY 7, 2025

How to build it: Regularly read industry reports and conduct competitor benchmarking. How to apply it: Accurately process payroll, administer health insurance plans, and conduct regular salary benchmarking to ensure your pay scales remain competitive. It can help shape your talent acquisition and compensation strategies.

Onboarding 87

Onboarding Compliance Human Resource Information Systems (HRIS) Recruitment 87