The SEC adopted recent amendments in August 2020 to modernize its business reporting disclosures and released a new final rule 101(c) Human Capital Disclosure. Our PwC specialists are here to discuss: How did we get here?;  Why does this matter?; and What are some of the metrics and/or measures companies should take into account when reporting.  

 Contacts: 

• Nik Shah
• Brandon Yerre
• Justin Hall
• Brigham McNaughton

What exactly is talent architecture? And how can it help organizations prepare their workforce for the future? PwC specialists discuss the basics of talent architecture and how it can help you and your leaders successfully undertake organizational transformation with a strong foundation that supports talent management and builds organizational capabilities. 

Contacts: Jeff Jolton, Susie Marlow, Ale Matamala

Many employers may be seeking to achieve benefit plan cost savings in the near-term as a result of the budgetary pressures brought on by the impact of COVID-19. At a time like this, it is particularly important for employers to offer programs that meet the needs of all employees, during prosperity and hardship. Christine Randazzo will discuss how employers can leverage employee preference analytics to balance cost-cutting measures with providing benefits that meet the needs of a diverse, multigenerational workforce.

Contacts: Aron Minken, Christine Randazzo

The impact of COVID-19 on employer-sponsored benefits could be profound. Ron Barlow discusses areas of “hidden” costs that can be addressed in the short-term to combat the mounting cost pressures on employers. In addition to potential “quick hits,” Ron discusses why adopting a more strategic approach can help employers better leverage their benefit offerings, offer effective healthcare for employees, potentially reduce employee stress, and more.

Contacts: Aron Minken, Ronald Barlow

Employees’ utilization of their medical, dental, and vision benefits is down, which may lead to significant induced demand for services in late 2020 or 2021. Barbara Gniewek and Derek Skoog discuss how deferrals of preventive care and elective procedures by plan participants will impact employer’s benefit costs in the near-term, and how employers and payers alike can budget for 2021.

Contacts: Aron Minken, Barbara Gniewek, Derek Skoog