INNOVATION GENERATION: THE BIG HR TECH DISCONNECT WEBINAR
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Register for the webinar to hear: From VP Proposition and Client solutions, Matthew Jackson about how organizations are driving the change needed for a competitive advantage. Stephen Migliaccio, Director Global Provider Automation, share his thoughts on how HR technology and provider automation create a globally consistent employee experience. James Knight, SVP Data and Analytics on how data and analytics is powering the future of HR.
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INNOVATION GENERATION: THE BIG HR TECH DISCONNECT WEBINAR
- 1. © Thomsons Online Benefits Ltd. Innovation generation: the big HR tech disconnect webinar November 12, 2019
- 2. © Thomsons Online Benefits Ltd. Introductions James Knight SVP Data & Analytics Stephen Migliaccio Global Provider Automation Director Matthew Jackson VP Proposition and Client Solutions
- 3. © Thomsons Online Benefits Ltd. We are in the midst of ! an HR tech disconnect!
- 4. © Thomsons Online Benefits Ltd. Wishes, dreams & desires – Multinational company objectives from 5th to 1st globally consistent employee experience28% from 9th to 4th global employee wellbeing programs25% from 6th to 5th automating administration processes14%
- 5. © Thomsons Online Benefits Ltd. Looking specifically at Benefits
- 6. © Thomsons Online Benefits Ltd. “Can I add Technology to my HR / Benefits job title?”
- 7. © Thomsons Online Benefits Ltd. “Am I truly able to deliver on my innovative strategies?”
- 8. © Thomsons Online Benefits Ltd. The interesting Global versus Local conundrum
- 9. © Thomsons Online Benefits Ltd. Global v Local – Best of Breed is… the best Globally integrated best of breed ecosystem vs a decentralized approach Ecosystem Decentralized vs
- 10. © Thomsons Online Benefits Ltd. What will have the biggest impact? vs
- 11. © Thomsons Online Benefits Ltd. Provider Integration and Automation
- 12. © Thomsons Online Benefits Ltd. ‘…Make it easier for me and my employees’
- 13. © Thomsons Online Benefits Ltd. The benefits supply ! chain is inherently broken!! ! !
- 14. © Thomsons Online Benefits Ltd. Provider Benefits administration is complex, it’s that simple! Employee
- 15. © Thomsons Online Benefits Ltd. Benefits administration has many touch points Provider Benefits System of Record Employee Employer
- 16. © Thomsons Online Benefits Ltd. Provider Employer Benefits administration has many touch points Benefits System of Record Employee
- 17. © Thomsons Online Benefits Ltd. What if we were to ! completely rethink the way ! intermediaries & benefits ! technology companies! interact with Providers?!
- 18. © Thomsons Online Benefits Ltd. Provider Employer Eliminate vendor flat files, and make APIs the ‘new normal’ Benefits System of Record Employee
- 19. © Thomsons Online Benefits Ltd. API integration creates the foundation for insurance ecosystems while delivering secure and efficient processing 82% $4.5B
- 20. © Thomsons Online Benefits Ltd. What does success look like? Product implementation efficiency through repeatability Radically change supply chain interactions and methods Secure, real-time movement of data through data APIs Enriched user and administrative experience through application APIs Provider / user data insights and benchmarking through collaborative analytic s
- 21. © Thomsons Online Benefits Ltd. We are not dreaming. ! ! The movement has ! already started!!
- 22. © Thomsons Online Benefits Ltd. Data and Analytics
- 24. © Thomsons Online Benefits Ltd. Analytics is the answer!!
- 25. © Thomsons Online Benefits Ltd. Analytics – managed products • Providers only see employees that take cover • Anonymised data sent to provider regarding more information on employees
- 26. © Thomsons Online Benefits Ltd. Analytics and the ecosystem – managed integrations SSO Feedback
- 27. © Thomsons Online Benefits Ltd. Analytics and the ecosystem – services
- 28. © Thomsons Online Benefits Ltd. Are you currently collecting employee data points in any of the following? And which points do you intend to collect? Data collection
- 29. © Thomsons Online Benefits Ltd. Data collection What have you achieved by acting on insights generated through data analytics?
- 30. © Thomsons Online Benefits Ltd. The biggest blockers What are the biggest blockers to employee data analytics?
- 31. © Thomsons Online Benefits Ltd. The rise of the people analytics teams Do you have people analytics capabilities within your HR organization?
- 32. © Thomsons Online Benefits Ltd. Actions not analytics
- 33. © Thomsons Online Benefits Ltd. Analytics embedded into business processes Business intelligence Big data Analytics Reporting Data discovery Actions
- 34. © Thomsons Online Benefits Ltd. Using data to help you understand reasons Benefit costs up 10% Driven by these particular countries For these reasons
- 35. © Thomsons Online Benefits Ltd. Thank you! E: connect@thomsons.com W: www.thomsons.com @Thomsons Online Thomsons-online-benefits