Conduent HRS in the news last week

Wealth

U.S., Employee Benefits News, 30 people to watch in employee benefits in 2017

“Mobile computing devices will soon become the preferred platforms for most people, as the technology improves and the workforce becomes more tech-literate.” Stuart Schulman, principal and consulting actuary, profiled in Employee Benefits News

CA, Benefits Canada, Employers challenged by trend towards delayed retirement

“Senior people are usually at the top and if they’re not retiring, then what you will have is a cascading effect,” says Faisal Siddiqi, a pension consultant and actuary at Conduent HRS. “The people who want to move up to senior level will have to wait, and what will happen is that companies typically keep on hiring people from university but the middle will get squeezed out.”

U.K., Employee Benefits, A step-by-step guide to default investment fund reviews

“Sue Pemberton, head of [defined contribution] DC retail, DC wealth at Conduent HR Services, estimates that around 90% of staff are now invested in default options, raising the need for regular reviews to ensure these remain fit for purpose. ‘It makes good business sense for those employers that want to attract and retain the best people to ensure that those investing in the default fund receive value for money,’ she says.”

Health

CA, Benefits Canada, Have your say: Will increased mental-health coverage become a trend among employers?

“We tend to look at the mental-health benefit as isolated from the disability benefit when really, this additional benefit can have an incredible impact on a long-term disability and short-term disability experience of a plan, resulting in long-term savings for an employer,” says Lizann Reitmeier, health practice leader at Conduent.

U.S., HRO Today, A healthy approach

“Enhancing employees’ total well-being has become a business imperative for almost 60 percent of organizations globally, even when quantifying the hard-dollar return on investment can be challenging.’ Article by Ruth Hunt, principal in Conduent HR Services’ engagement practice.

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