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What to Consider Since today’s workforce expects TR to reflect a modern value exchange, transparency is important, said Jess Von Bonk, a global HR transformation and technology advisory leader at Mercer.

The Time Is Ripe to Put Effort Here As contractors become an increasingly integral part of the modern workforce (the independent workforce in the U.S is estimated to range from 11.9 million to 65 million workers), you likely need to put time and effort here to ensure effective, compliant management.

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“It’s about making sure the provisions in the plans are modern enough to protect the risks of today, not the risks of 10 years ago.”

Employer plans here link to their well-being and DEI strategies, of course, but the focus is also to place newer, innovative solutions in these areas to modernize their portfolio.; Workspan : Companies are clearly prioritizing healthcare ROI.

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These risks (see Figure 2) are compounded by the potential for unwanted seller attrition.

“Leaders cannot solve the needs of the modern workforce by turning back to old, traditional practices,” he said.