HDH News

HDH Group Launches Human Capital Management Service

Expanded service offering improves HR, Benefits and Payroll operations for increased efficiencies and better business outcomes

PITTSBURGH, PA – June 22, 2011 – The HDH Group, a leading provider of risk management, human capital management and alternative risk solutions, today announced its new Human Capital Management (HCM) service, which extends the firm’s employee benefit consulting services to offer clients an end-to-end HCM solution. HCM is the business discipline that works to align a company’s human capital resources with its growth objectives for improved bottom-line performance.

“There are a number of business conditions coming together in a way that will have profound and lasting impacts on the employee benefit market place,” said Frank Mikan, president & CEO of HDH Group. “Competition for top talent, an uncertain regulatory environment, converging technologies – and obviously healthcare reform – are all coming together to create an environment that demands better business solutions for employers.

“HDH has expanded the scope of our offerings to provide clients with a better solution for their human capital needs to help them improve how they attract, retain, manage and reward their workforce, while ensuring compliance, driving efficiencies and contributing to improved business outcomes. The response to this new set of services from our clients has been very positive, as they represent a natural and welcomed extension to the trusted benefits, compliance and HR support that clients already receive from HDH.”

Results from a McKinsey study released earlier this month project a radical restructuring of employer-sponsored health benefits after 2014, when provisions of the U.S. healthcare reform law take effect. To ensure that clients make informed decisions about their health benefit plans in advance of these anticipated market changes, HDH’s expanded offering provides data-driven guidance from its Healthcare Reform Modeling, Alternative Funding, Health Risk Management and Employee Benefit Consulting services. This integrated approach considers the financial implications of the company’s insurance strategy and the future impacts on the company’s growth, tax, health management and employee benefit goals. The result is a comprehensive and effective approach for delivering valuable and sustainable benefits to employees while supporting the financial performance of the company.

In addition to these expanded services to improve business planning, HDH has expanded its HR Consulting Services to provide a range of services from answering day-to-day questions about changing regulations to strategic talent management and employee engagement offerings. A new suite of HR Technology Consulting services is also offered to help employers achieve reduced administrative costs and improved compliance by integrating and automating historically separate and redundant HR, Benefits and Payroll processes and technologies.

HDH’s new HCM offering is comprised of two service suites: Employer Solutions and Workforce Solutions. The Employer Solutions promote business growth, improve the recruitment and retention of top talent, and ensure compliance. The Workforce Solutions bring expertise directly to employees to optimize business processes, strengthen employee loyalty and increase productivity. Together they transform how employers and employees benefit.

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