Evaluating the True Value of Corporate Benefits Programs

New York, NY, Nov 12, 2012 - (ACN Newswire) - Corporate benefits programs should be evaluated on an annual basis to ensure that employees are receiving maximum advantages, says Rachel Kanack, Vice President - Global Compensation and Benefits, TeleTech Holdings, Inc. Directors should be flexible enough to change the program if it does not stand-up to its health and wellness objectives, she adds.

A speaker at the upcoming marcus evans Mid-Market Corporate Benefits Summit 2013, in Las Vegas, Nevada, January 20 - 22, Kanack talks about how knowing your population well allows you to target potential health issues before they mount into bigger problems.

- What makes for a successful corporate benefits program?

Directors should be flexible and creative in order to ensure that the correct initiatives are put into the program for a diverse population of employees and that these can be changed if needed. Initiatives should constantly be evaluated and not just left to their own device. In order for the program to work, its ability to drive the desired outcome should be determined.

An annual analysis can be performed and if the program is not working towards the set out goals, it can be tweaked. If the program is found to be futile, then it can be scratched and a new one formed. The true value of an implemented corporate benefits program is to fulfill the health and wellness objectives based on the uniqueness of employees.

- How can employee benefits costs be reduced without compromising on quality?

Different types of incentives can be created in an innovative manner. The best way to make sure that the right incentive areas are being targeted is to collect as much information as possible to get to know the people behind the potential problems. In this way employees can be approached with creative ways to work through some potential issues found during research.

These incentives can be specific to each employee, based on behavior or on the society of employees. Teams or partnerships can be created so that employees do not feel alone and they can help each other keep motivation up.

- How do onsite health and wellness clinics improve employee productivity?

Having onsite health clinics reduces the time employees need to go to the doctor. As an annual check-up may not be a habit of some individuals, an easy to reach solution may be utilized. This also helps change their behavior and more attentive to their own wellness. Some health issues can also be immediately addressed before they escalate further. Chronic diseases can be targeted so that programs can be created to treat these medical issues.

This will increase the productivity of the company by decreasing absenteeism and increased performance will be the final outcome.

About the Mid-Market Corporate Benefits Summit 2013

This unique forum will take place at the Red Rock Casino, Resort & Spa, Las Vegas, Nevada, January 20-22, 2013. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on the impact of healthcare reform on employers and employees, developing and implementing new benefit plan designs and aligning wellness initiatives to medical plans. For more information please send an email to info@marcusevanscy.com or visit the event website at www.midmarketcorporatebenefitssummit.com/RachelKanackInterview.

marcus evans group - hr sector portal - http://tiny.cc/rZbg2b

The HR Network - marcus evans Summits group delivers peer-to-peer information on strategic matters, professional trends and breakthrough innovations.- LinkedIn: www.linkedin.com/groups?mostPopular=&gid=3801684&trk=myg_ugrp_ovr- YouTube: www.youtube.com/ MarcusEvansHR - Twitter: www.twitter.com/meSummitsHR - SlideShare: www.slideshare.net/MarcusEvansHRPlease note that the Summit is a closed business event and the number of participants strictly limited.

About marcus evans Summits

marcus evans Summits are high level business forums for the world's leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings. For more information, please visit www.marcusevans.com.

- Twitter: www.twitter.com/meSummitsGlobal - YouTube: www.youtube.com/user/MarcusEvansGroup - SlideShare: www.slideshare.net/MarcusEvansSummits

Source: marcus evans Summits


Maria Gregoriou
Journalist, marcus evans, Summits Division
Tel: +357 22 849 400
Email: press@marcusevanscy.com

Copyright 2012 ACN Newswire. All rights reserved.

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