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For example, there will be a dominant vendor for the education industry and a different lead vendor for the healthcare industry.

Simplification Through Vendor and Data Consolidation Let’s face it, comp professionals and HR technology teams aren’t exactly mourning the idea of fewer vendor relationships.

; ;If a vendor employee underperforms, do you report it to the vendor rather than issuing a warning yourself?

.; ;Vendors and experts.

It’s a perfect storm of economic tension, said John Land, the chief advocacy officer at Vantage Circle, an employee engagement and benefits platform.

Compensation Committee Toolkit Save Access more than 35 best-practice templates, examples and resources on topics that typically land on compensation committee meeting agendas throughout the year.

Access a related Workspan Daily article on this subject: ;GLP-1 Costs Weigh on Employers, Forcing Coverage Considerations; Given the current state, Pamela Rich, a vice president at Business Group on Health, a nonprofit organization, said employers that continue to cover these drugs will need to: ;Evaluate their tactics to promote appropriate prescribing and utilization; and,; ;Identify changes for vendor partners to improve patient outcomes and manage costs.; She added that those electing to drop coverage for weight management applications should deliver candid messages to employees about what’s changing and why the changes were made.

Employers typically rely upon the medical and pharmacy benefits vendor to create formularies of drugs for coverage.

Measuremen t and Outcomes Evaluation Point Question Yes/No Medication adherence rate Does the vendor provide data on medication adherence for chronic diseases?