Strong market returns and larger-than-expected employer contributions shored up the funded status of the United States’ largest corporate pension plans modestly at the end of 2017, compared with the end of 2016, according to an analysis released January 2 by consulting firm Willis Towers Watson.
Tag: Willis Towers Watson
Work automation, including the use of artificial intelligence (AI) and robotics, is expected to surge in the next 3 years in companies throughout the United States, according to a survey by Willis Towers Watson, a global advisory, broking, and solutions company.
Nearly three-quarters (72%) of U.S. employers aim to improve their health and well-being strategies and programs over the next 3 years to differentiate themselves from organizations with which they compete for talent. This is up from the 18% that say they do so now, according to the 22nd annual Best Practices in Health Care Employer […]
The financial well-being of U.S. employees reversed direction this year following several years of steady improvement, according to a new survey by Willis Towers Watson, a global advisory, broking, and solutions company. The biennial survey also revealed a large increase in the number of employees who say their financial woes are negatively affecting their lives […]
The effectiveness of financial retention agreements to ensure that acquired talent remains with the new company during a merger or acquisition (M&A) has improved over the past 3 years, according to Willis Towers Watson, a lobal advisory, broking, and solutions company.
One half of U.S. companies say their biggest challenge in complying with the forthcoming pay ratio disclosure rule is forecasting how their employees will react, according to a poll by Willis Towers Watson, a leading global advisory, broking, and solutions company. The poll also found nearly half of respondents haven’t considered how, or if, they […]
U.S. employees give their senior leadership low marks on key aspects of people management, including the ability to develop future leaders, evoke trust and confidence, and demonstrate sincere interest in employees’ well-being, according to research from Willis Towers Watson—a leading global advisory, broking, and solutions company. Employees, however, give their immediate managers higher grades, although […]
The rising cost of employee benefits is prompting more and more international companies to set up multinational pooling and employee benefit captive arrangements to improve the performance of their insurable employee benefit plans, according to the Multinational Pooling and Benefit Captives Research Report compiled by Willis Towers Watson.
With an eye toward better meeting the needs of a workforce that’s growing ever younger, more Fortune 1000 employers are poised to make significant changes to their benefits strategies, design, and delivery this year. All in all, “modernize” and “customize” will be the words to watch as 2017 marches on.
Would your employees say they are paid fairly? A perception of fair pay is imperative in employee retention. On the flip side, a perception of unfair pay can be a powerful motivator for employees to leave the company.