CH5 | The Power Within Your Company’s Benefits Data
- Room: Breakers DEFJKL
- Session Number: CH5
Friday, October 01, 2021: 8:30 AM - 9:30 AM
Speaker(s)
Description
The employee benefits world has shifted significantly the past few years -- from controlling costs and offering competitive benefits packages to balance low unemployment to managing uncertainty, layoffs, furloughs and harsh budget cuts as a result of the pandemic Join Benefitfocus’ John Thomas as he discusses the secret to mitigating uncertainty, strengthening your benefits technology platform, and driving greater business value from employee benefits programs. He’ll analyze employee benefit enrollments trends from the past four years – especially 2020 -- and describe how data and prescriptive analytics can help companies identify trends, predict potential scenarios, and simulate outcomes of employer actions. You’ll learn how the proper adoption of data tools, predictive analytics and the right HR and benefits platforms can lead to reduced spend; improved plan design, selection and usage; and increase engagement for healthier, happier employees.
Learning Objectives
-Learn how HR can utilize data and technology to drive bottom-line results
-Understand how data strategy leads to more informed decision-making
-Gain insight into how to reduce the complexity and cost of employee benefits
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