CFOs have become more involved in the decision-making strategy in recent years, and it’s changing the way companies think about benefits.
By Emily Payne | April 05, 2021 at 10:55 AM
Published by BenefitsPro
“Agility.” “Human capital.” “KPIs.” As a benefits professional, you’ve no doubt heard this kind of terminology popping up more and more in the past several years. It’s the natural result of an ongoing shift in how companies view their employees.
“Business itself continues to get complicated with respect to the cost of people,” says Perry Braun, executive director of the Benefit Advisors Network (BAN). “Whether that is recruiting, retention, who you pay, how you measure performance, how you reward, incentivize—all of this is now a function of the goals and objectives of the company. Businesses are moving into a less compartmentalized discussion structure and to a more team-based structure, aligning goals and objectives.”