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Deloitte recognized as a global leader in Health and Wellness Benefits Consulting by ALM

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NEW YORK, NY, USA, 21 June 2019—ALM Intelligence has ranked Deloitte as a global leader in the report, entitled Health and Wellness Benefits Consulting 2019. On health and wellness benefits consulting, Matthew Merker, Senior Analyst, Management Consulting Research at ALM, highlights, “Deloitte utilizes its significant breadth of capabilities and clients to bring a 360 degree view of the health and wellness space, with insights gleaned from the [network’s] work in healthcare, with insurance providers, wellness vendors, and employers.”

“The health and wellness landscape continues to rapidly evolve alongside the wealth of data available and a plethora of provider offerings, therefore, Deloitte is reimagining the innovative solutions employers can provide,” says Kate Urquhart, Human Capital Consulting Managing Director, Deloitte Australia. “To us, this accolade speaks to Deloitte’s ability to bring an array of offerings and a holistic approach to well-being to clients.”

According to ALM, health and wellness benefits consulting is defined as “part of rewards management, which forms part of the management consulting services directed at clients’ back office activities. Its objective is to improve the incentive systems designed to motivate employee behaviors aligned with a company’s strategic objectives.”

“As we look to the future, Deloitte will continue to tap into the depth and breadth of our capabilities as we look to fundamentally alter the way organizations create positive environments for their employees,” adds Jill Korsh, Human Capital Consulting Managing Director, Deloitte Consulting LLP. “Deloitte remains deeply committed to leveraging technology to deliver deeper well-being insights, creating a customized employee experience, and leveraging rewards as a market differentiator to power performance.”

Additional report findings

  • “The [network] continues to innovate its approach to rewards management, evolving from rewards to relationships, driven through extensive research into highly effective organizations, powered by Deloitte’s dedicated people strategies research arm, Bersin, and thought leadership such as its annual Deloitte Global Human Capital Trends report.”
  • “Deloitte’s service delivery for health and wellness in the context of rewards management provides end-to-end transformation advisory that transitions clients to effective benefit offerings that are appealing to workforces while remaining cost effective for employers.”
  • “The [network’s] needs assessment and stakeholder buy-in capabilities are particularly effective in this space through its Rewards Optimization service offering, which provides clients with data-driven workforce analysis that in turn guides strategic decision-making for rewards offerings that will resonate with target employees.”
  • “Deloitte has adapted the Deloitte Greenhouse® Experience to strategy development for benefits offerings. This Rewards Lab approach provides clients with opportunities to safely explore the impacts of a variety of decisions with regard to benefits and other rewards offerings.”
  • “The [network’s] ability to provide meaningful analysis of the what ifs in rewards management leads to strong stakeholder buy-in, driven through greater understanding of the gains from holistic transformation versus strictly tactical solutions.”
  • “This approach is further bolstered through Deloitte’s Rewards Optimization analytical approach, which demonstrates the increased value in holistic rewards through found efficiencies and synergies that create cost savings and improve transparency in benefits efficacy and utilization.”
  • “Deloitte continues to evolve its approach to wellness, what the [network] calls ‘unified well-being.’ The [network’s] well-being advisory services are grounded in four pillars: body, mind, wealth, and purpose. Within the context of those pillars, Deloitte’s well-being services are tailored based on in-depth workforce analysis.”
  • “In the Australia practice, the [network’s] Well-being @ Work Index provides strong research into well-being efficacy and how to tailor that approach to specific workforces based on demographics, culture, geography, and industry, among others. By identifying which pillars of well-being will have the most impact, Deloitte is able to provide thoughtful strategic planning capabilities that create well-being programs that will have high utilization and measurable ROI. Deloitte’s Index approach is currently expanding to include other geographies and will have increased utility from a multinational perspective as the research breadth expands.”
  • “Deloitte rounds out its smart use of extensive workforce data sets through its Simply Irresistible employee experience model, tailoring rewards offerings to attract and retain talent. The [network] enables client transformation through the use of digital tools and platforms to provide key metrics in addition to project management capabilities, creating an agile rewards framework that can be readily adjusted as needed.”

 

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our network of member firms in more than 150 countries and territories serves four out of five Fortune Global 500® companies. Learn how Deloitte’s more than 286,000 people make an impact that matters at www.deloitte.com.

Contact

Vicktery Zimmerman
Global Communications
Deloitte Global
Tel: +1 312 486 1569
vzimmerman@deloitte.com

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