The Knowledge Stack

Carrie Chi - Advantage Rewards


Listen Later

Summary

In this conversation, Carrie Chi, Chief Human Resources Officer for First Advantage Federal Credit Union and President and CEO of Advantage Rewards, discusses the various services offered by Advantage Rewards, including HR consulting, benefits brokerage, and PEO services. She shares insights on the local HR landscape, the importance of collaboration among credit unions, and the challenges of recruiting quality candidates in today's economic climate. The discussion also touches on the integration of AI in HR practices and the common mistakes organizations make in their HR strategies.

For more information check out:

https://www.1stadvantage.org/business/hr-benefits-consulting/

https://www.linkedin.com/in/carrie-chi-mba-shrm-scp-00806411/

Takeaways

Advantage Rewards provides HR consulting, benefits brokerage, and PEO services.

Collaboration among credit unions is essential for sharing best practices.

Understanding local HR needs led to the establishment of Advantage Rewards.

AI is becoming increasingly important in HR practices.

Recruitment challenges are influenced by economic uncertainty and demographic shifts.

Organizations should focus on hiring for aptitude and training.

Employers need to evaluate their benefits strategies to retain employees.

The fastest growing segment of the workforce is those over age 75.

Efficiency in processes can enhance employee satisfaction.

Personal interest from leaders can significantly impact employee morale.

Sound Bites

"Credit unions are collaborative."

"Employers need to be willing to hire for aptitude."

"It's about doing more with the same."

Chapters

00:00 Introduction to Advantage Rewards

02:21 Understanding PEOs and Their Benefits

05:14 Identifying Local Needs and Establishing Advantage Rewards

08:24 Target Audience and Ideal Clients

11:25 Collaboration with Local Credit Unions

14:10 Future Plans and AI Integration

17:09 Challenges in Human Resources

20:25 Common Mistakes in HR

23:30 Recruitment Challenges and Strategies

26:27 The Importance of Efficiency in HR

29:17 Conclusion and Future Engagements

Keywords

HR consulting, Advantage Rewards, credit unions, PEO services, employee benefits, AI in HR, recruitment challenges, human resources, local businesses, workforce development

...more
View all episodesView all episodes
Download on the App Store

The Knowledge StackBy Jason Tilley