Categories: PR Newswire

Becklar Best-in-Class for HR Management

OGDEN, Utah, Oct. 9, 2019 /PRNewswire/ — Becklar is honored to have received a best-in-class for HR management award, with data based on Gallagher’s 2018 Benefits Strategy & Benchmarking Survey. Over 4,000 organizations participated across the board, and Becklar was one of only 3% that qualified.

The award analyzes companies that presented a leading procedure at not only finding, hiring and retaining top talent, but working strategically to provide quality benefits at an affordable price. By doing so, it ultimately assists in supporting career growth while minimizing turnover, and driving employee engagement.

Gallagher follows a six-step process to analyze scores, where employers are separated into quartiles, leaving the highest score of each group to classify as best-in-class. Gallagher then determines specifics that set these employers apart, analyzing response data for questions on communication strategy, tactics, and programs.

Employers like Becklar were seen as a company that prioritizes the importance of compensation and benefits to promote a positive workplace and performance. This mindset is defined by Gallagher as a characteristic that enables the overarching success of a business, and acts as a driving force to create a multi-year benefits strategy plan. The strategy best-in-class employers had for management also better lined up with ones set in place for organization and operations, even using labor cost modeling to project future turnouts.

Another element Gallagher looked for was companies that facilitated employee growth. It creates brand loyalty and activates participation. Best-in-class employers exceed their competitors by 61%, saying they spend more time on employee training and development. They’re also leaders in program implementation by more than 25%, creating clear performance goals and open-line communication through action plans with their employees.

With a variety of companies going into the survey, Becklar is delighted they were recognized by Gallagher, and plan to proceed with implementing the same efforts and programs aforementioned, with an aim to continue cultivating a positive relationship between the company and its employees.

Contact:
Jonathan Knoder
jknoder@agmonitoring.com

SOURCE Becklar

IR Press

Share
Published by
IR Press

Recent Posts

Treasury Issues Final Rule Expanding CFIUS Coverage of Real Estate Transactions Around More Than 60 Military Installations

WASHINGTON – Today, the U.S. Department of the Treasury (Treasury), as Chair of the Committee…

4 days ago

U.S. Department of the Treasury’s CDFI Fund and Federal Housing Finance Agency Collaborate to Bolster CDFI Access to Capital

WASHINGTON—Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and…

4 days ago

Report on U.S. Portfolio Holdings of Foreign Securities at Year-End 2023

Washington – The findings from the annual survey of U.S. portfolio holdings of foreign securities…

5 days ago

READOUT: U.S. Department of the Treasury Hosts Roundtable Discussion on the Financial Sector’s Response to Recent Hurricanes

WASHINGTON – The U.S. Department of the Treasury hosted a roundtable on October 30 with…

5 days ago

READOUT: Sixth Meeting of the Financial Working Group Between the United States and the People’s Republic of China

WASHINGTON – The United States and the People’s Republic of China held the sixth meeting…

5 days ago

Treasury Sanctions Key Members of La Linea, a Group Involved in Trafficking Fentanyl into the United States

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…

5 days ago