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., and through cross-promotions with vendor partners (e.g., fertility, wellness, advocacy).

We identified and partnered with a vendor that could handle access for our 36,000 employees globally, whether they are sitting at a desk or on-site at one of our plants, and could provide employees with access to personalized programs, tools and coaching to help them improve their overall well-being.

Her expertise in vendor negotiations, benefits plan optimization, and workforce analytics enables the organization to maintain cost-effective and employee-centric rewards structures.

;Look for inefficiencies , such as limited integration of reward programs and vendors, and offer a centralized rewards hub that is easy to access and use.

For one large-scale compensation plan, Terry recalled seeking presentation assistance from the two vendors that were bidding to be involved in the project.

Thus, blockchain deployment eliminates the intermediaries, vendors and recruiting agencies as the HR managers can independently verify transactions.

To address this, companies like Peloton, for example, work with vendors to help employees with student-loan debts through programs similar to a 401(k) match.

(See our 2023 SPM Vendor Guide to start gathering information.)

;Subscribe to a pay benchmarking service through vendors in the space.; While the second group has a head start on this work, even these companies may need to ramp up their compensation capabilities, since they may need to increase both the volume and quality of their work.

“The guidance makes it clear that employers are responsible for their tools even if they’re designed or administrated by a software vendor,” he said.