Issue: February 2006 Issue
Q: How can Companies save on employee health benefits?
A: â€œAccording to an October 2005 survey compiled by ICDC/ISCEBS (Inside Consumer-Directed Care and International Society of Certified Employee Benefit Specialists), consumer-directed health (CDH) plans are becoming more popular among both large and small employers,â€ says Rick Hughes, president and CEO, MagnaHR Inc. â€œWhy? Cost savings.
â€œBoth the Health Reimbursement Arrangement (HRA) and the Health Savings Account (HSA) start with a high-deductible health plan, which immediately saves premium dollars over traditional health plans. Then the employer elects to fund a portion of the amount up to the deductible. In essence, this is a type of self-funded arrangement whereby the employer is willing to take on more â€˜riskâ€™ (negative claims experience) in exchange for the potential â€˜rewardâ€™ (cost savings).â€
Q: What is an online career center and why is it an important recruiting tool?
A: â€œAn online career center is a page(s) on a corporate Web site that explains why someone would want to work for the organization and how to apply for a job,â€ says Marty Mordarski, manager for workplace research, ERC. â€œMost centers provide basic contact information, however, some also describe the workplace culture and allow users to search for open jobs, upload resumes or apply online.
â€œThe Internet and online career centers have become the tools of choice for top performers conducting job searches. They provide organizations an opportunity to make a great first impression and deliver critical data to candidates regarding the hiring process, employee benefits and corporate culture.â€
Q: What qualities does a company look for in its managers in todayâ€™s office environment?
A: â€œI think the most desirable qualities are the ability to communicate effectively and build relationships with both customers and employees,â€ says Michelle Yurich, human resources manager, The Reserves Network. â€œThe ideal manager brings a combination of sales talent, operational knowledge, business acumen, and compassion and enthusiasm to the table. The ability to align company goals with team goals, and the know-how to lead, develop and motivate staff to achieve those goals are essential strengths.â€
Q: What type of clients are utilizing search firms or recruiting firms?
A: â€œOur clients consist of Fortune 500 to privately-held, middle-market organizations,â€ says Dale Chorba Jr., executive vice president, Action Management. â€œAnyone who needs top talent immediately or whether itâ€™s a confidential search, we have a constant supply of candidates who arenâ€™t answering ads but ask us to keep them apprised of options. We are messengers of opportunity and our clients know we can deliver the right candidate at the right time.â€
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