Hannaford Bros. Co. was making significant investments in comp and benefits, but surveys showed that a large percentage of the workforce lacked true understanding of their total rewards. Additionally, the fast growing supermarket / pharmacy chain wanted to be more aggressive in attracting and retaining talent – particularly in the highly competitive pharmacist market. To meet these challenges head on, Hannaford implemented a web-based, on-demand total rewards statement with targeted messaging and modeling tools. Join Chad Flynn, Hannaford’s Director of Compensation and HR Technology, for a firsthand account of how Hannaford leveraged on-demand total rewards technology to:
- Create total rewards statements for recruits – taking a lead in winning the war for talent by helping job prospects understand the full value of offered comp packages.
- Provide personalized messaging to help associates maximize value and make the best possible personal and professional decisions.
- Help managers have meaningful conversations about total comp with associates – facilitating talent retention. Chad will share a great anecdote about how a pharmacist, ready to leave for another job, stayed once he saw how much unvested stock he was leaving on the table!
- Achieve spikes in 401(k), EAP and wellness program participation.
- In addition to the Hannaford Bros. Co. case study, this webinar will also present a look at the overall challenges of communicating total rewards, and provide a high level look at total rewards technologies from Enwisen.
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