The FirstPerson Blog

Ideas & Insights

Benefits

Are Captives the Remedy for Healthcare Benefit Costs?

July 11, 2018

Traditionally, only big companies considered self-funding employee benefits. The expenses could be so volatile that small- to medium-sized firms couldn’t risk the bottom-line impact.

Recently, though, more small- to mid-sized firms are transitioning to self-funded arrangements by pooling their healthcare costs with other employers to establish captives.

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Benefits

Unraveling PBMs and Their Role in the Marketplace

June 14, 2018

Once upon a time, buying a new car meant purchasing it directly from the automaker. Then dealerships emerged to function as intermediaries between manufacturers and consumers. As a result, we’re all accustomed to buying new cars from dealers representing one or more brands exclusively.

But imagine if, rather than being brand-specific, dealerships sold any and all brands, and you shopped from one dealer to the other to find the best deal on whatever car you were looking for.

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Leadership

Three Approaches to Leading Change

May 25, 2018

FirstPerson has been in a state of change for a long time. It’s in our DNA. And has been since we launched 20 years ago. Our growth is a result of continuous innovation and improvement.

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Benefits

Am I Offering the Right Benefits Package?

May 16, 2018

Benefits have always been a key factor in the employee-attraction equation, but recent research suggests they’re becoming even more important. Which means you need to get them right if you want to attract the best people and keep them feeling happy and fulfilled.

According to MetLife’s 2018 Employee Benefit Trends Survey, 62% of employees say benefits played an important role in their decision to take a job… and that percentage, the researchers found, is trending up.

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Human Resources, Technology

Is Your HR Software Hurting Your Employee Experience?

May 15, 2018

With so many options available in the human resources technology space, it’s no surprise that HR software often turns into a love-hate relationship with employers. The key to whether you have the most suitable software in place depends on how it aligns with your people strategy and its ability to turn stored HR data into impactful insights.

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