Hr develop a health-care strategy

Assignment Help HR Management

Reference no: EM131691402

A company currently spends over $1 billion in health-related areas. The company has multiple locations.

The VP of HR has been tasked with:

• Developing a strategy to improve employee health, reduce costs, and limit the company’s risks.

• Linking the health-care strategy to corporate strategy.

How should the VP of HR develop a health-care (HC) strategy that will link with the corporate strategy?

Benchmark the HC strategy against industry practices.

Align the HC strategy with the organization’s human capital vision and mission.

Focus on developing the most cost-effective HC strategy.

Focus on understanding and satisfying senior manageme

2. How should the VP develop the health-care strategy to ensure that it addresses the health needs of the employees?

1. Listen to the water cooler talk from employees.

2. Conduct focus groups with random samples of employees.

3. Survey the entire workforce about health needs.

4. Evaluate the data from the annual report on the employee assistance program.

Choose three answers from the above four options and justify with reasoning (HR strategic planning)

Reference no: EM131691402

Questions Cloud

Linking the health-care strategy to corporate strategy : The VP of HR has been tasked with Linking the health-care strategy to corporate strategy.

Disadvantages of using social media for customer service : What are the advantages and disadvantages of using social media for customer service.

Identifying company strengths-weaknesses-opportunities : Prepare a chart identifying the company's Strengths, Weaknesses, Opportunities and Threats

The new health-care strategy is understood : What can HR do to ensure that the new health-care strategy is understood and the benefit is used effectively by all employees?

Hr develop a health-care strategy : A company currently spends over $1 billion in health-related areas. How should the VP of HR develop a health-care (HC) strategy that will link with the corporat

Some forms of employment discrimination are legal : Some forms of employment discrimination are legal.

Types of incentives relate to overall goal of sustainability : How do these types of incentives relate to the overall goal of sustainability for the company?

What is rolling budget and importance in healthcare finance : What is rolling budget and its importance in healthcare finance?

Improving group ethical performance : Improving Group Ethical Performance,

User Account

All Pages