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PCI/Ward Group Announces HR Benefits Study

Source: PCI

Posted on 28 Jan 2010

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The Property Casualty Insurers Association of America (PCI) and Ward Group are seeking insurers to take part in a study to benchmark human resources practices and employee benefits among property casualty insurance companies.

The findings from the PCI/Ward: HR Practices and Employee Benefits Study will provide insight into current practices along with future trends in employee benefits design and will be presented at the PCI Human Resources Conference, April 11-14, 2010, in Seattle.

“We are pleased to partner with Ward Group to conduct the only human resources practices and benefits study that is developed specifically for property casualty insurers,” said Elysa Robin, director, human resources of PCI. “Study participants will receive comprehensive and valuable information to help confront the increasing challenges of managing employee benefits and the HR function. Additionally, participating companies will be able to benchmark their practices directly to others in the industry and will receive a customized report once the study is completed.”

“Insurers will find that it is easy to participate in the study and it can be completed online,” said Jeff Rieder, president of Ward Group. “A key benefit of the study is that it organizes company data by size and metro or non-metro location to give participants valuable information they can use for their specific needs.”

The study will provide data on staffing conditions and total employee compensation within the property casualty insurance industry including:

· Employee benefits

· Base salary

· Incentive compensation for executives, middle management and staff

· Non-monetary benefit offerings

· Staffing needs and expenses related to the Human Resources function

· Employee benefit plan design and redesign trends

· Health insurance programs

· Retirement plans

· Year-to-year trends

Similar studies to the PCI/Ward: HR Practices and Employee Benefits Study cost $5,000 and supply only one-third of the information. However, the PCI/Ward study costs only $750 for non PCI members or non Ward clients to participate and receive results. Only companies that participate in this unique study, which focuses solely on property casualty insurers, will receive customized data.

To participate in the study or for additional information, contact Swapna Thomas at 847-553-3703 or before March 15, 2010.