Though a large majority of executives agree that integrating talent management with business strategy is critical to meeting organizational goals,
many companies remain weak in this area and ill prepared to compete for talent in the emerging economic recovery, according to a new Towers Perrin survey.
Pending health care reform initiatives cloud the retiree medical picture for 2010, but one thing is clear: Pre-65 retirees face a severe financial burden as annual family coverage costs approach $20,000.
Yet employers may be missing significant opportunities to deliver retiree benefit value at lower cost while improving program effectiveness.
While cost saving and reducing administrative burdens are still important drivers of the decision to outsource, improving HR service quality has emerged as a close third.
According to a Towers Perrin HRO effectiveness study, organizations have renewed their focus on employee satisfaction and engagement.