Environmental, social, and governance (ESG) issues are no longer treated as an afterthought by companies. These issues are increasingly central to a firm’s reputation and financial performance and are scrutinized by an array of stakeholders including investors, ratings agencies and clients. ... Continue Reading »
Talent
COVID-19: Managing Health System Staffing and Capacity Demands
Information regarding the new coronavirus, which causes the disease commonly referred to as COVID-19, surfaced in early December of 2019 in Wuhan, China. The Centers for Disease Control and Prevention (CDC) reported the first coronavirus case in the United States in late January. As of Tuesday morning (March 10), the number of cases in the US has grown to 747 and will continue ... Continue Reading »
The Paid Family (and Medical) Leave Revolution
The range of employee benefits in the U.S. private sector has looked largely the same for the last 50 years or more. There has been a migration from retirement pensions to 401(k) and 403(b) plans, but the core packages of medical insurance, dental insurance, life insurance and disability insurance have been at the forefront for a long time. Here is some information from the ... Continue Reading »
How to Put People First As the Coronavirus Outbreak Grows
The ongoing novel coronavirus (2019-nCoV) outbreak has dominated headlines and captured public attention over the last several weeks. And with good reason: Thousands of cases and hundreds of deaths from the virus have been confirmed globally, according to the World Health Organization, which has declared the outbreak a public emergency of international concern. ... Continue Reading »
How to Blend Tech and An Experienced Workforce
By 2030, the number of employees in the global workforce aged 50 to 64 is projected to increase by 15 percent to 30 percent. Companies thus face a critical challenge: How can they balance automation and digitization ambitions with the growing societal demand to help ensure adequate social protection and well-being for experienced workers? ... Continue Reading »
The Twin Trends of Aging and Automation
The twin trends of rapid population aging and automation have been unprecedented in speed and scope. Both academia and industry have dedicated extensive research to understanding the direction, magnitude, variations, and impacts of these separate trends. ... Continue Reading »
Oliver Wyman: 2020 Women in Financial Services Report
The latest edition of the Women in Financial Services report from Guy Carpenter affiliate, Oliver Wyman, has found that the industry is finally making progress on gender diversity in the workforce. Mindsets are shifting and, as a result of hard work and commitment, progress is beginning to be reflected in the numbers. ... Continue Reading »
Managing Employees Amidst Digital Transformations
While the digital revolution is already underway in most organizations, it is yet to have the kind of impact, positive or negative, that many predicted. As such, most organizations have not yet adopted any design or implementation strategies that would truly leverage the digital revolution by increasing productivity and work outcomes, according to Wolfram Hedrich, Executive ... Continue Reading »
United Kingdom Will Face Labor Shortages in a Post-Brexit World
Profound demographic shifts are shrinking the global supply of workers with surprising speed. Post-Brexit, a points or quota system seems likely to control migration to the United Kingdom. Coupled with the demographic changes, this could create significant challenges for the U.K. labor force. The peak migration demographic of 20- to 34-year-olds has been falling within the ... Continue Reading »
Governing Digital Transformation and Emerging Technologies
This joint report from the National Association of Corporate Directors (NACD) and Marsh & McLennan Insights, offers a new roadmap for successful corporate governance in the digital age. It draws from primary research conducted through interviews with company directors as well as a survey of 200 NACD members. ... Continue Reading »
