When employees hear the words, "We're being acquired," their minds often race to the worst-case scenario. They ask questions like: Is my job security at risk? Can I continue with my professional development plan? How will this affect our existing workplace culture?

Reviewing your employee benefits can be an arduous process. You’ll spend time working with your broker to explore the market, find the best options, and agree on a reasonable employee/employer premium split.

Health benefits are one of the most sensitive parts of the employer-employee relationship. A great health plan gives people a sense of safety, and often includes their closest loved ones. Whenever there’s a major change, employees’ first thoughts are often, “What will happen to my health benefits?” Health-related benefits are expensive to provide—and they’re only getting more expensive. Leaders often find themselves in a difficult situation, trying to manage costs while also protecting a positive employee experience. A recent report by Aon identified “managing healthcare costs” as the top priority for employers in 2024. It’s easy to see why, as costs are expected to increase by 6.5% this year.

In just a few short years, Artificial Intelligence has gone from unimaginable to unavoidable. AI used to sound like science fiction until tools like ChatGPT suddenly appeared. And now, huge companies like Apple, Microsoft, Google, Adobe, and Meta have announced that artificial intelligence will become a key part of their platforms—which means that AI will soon be present in every office in the world.

Attracting talent continues to be one of the biggest challenges for business leaders over the last several years, and identifying the right recruiting partner in this endeavor is key. As a leading provider of human capital consulting services in the area, we are often asked for recommendations on the top recruiting firms in the Washington, DC metro region.

Artificial Intelligence continues to be a confusing area for many leaders, and many companies are unsure about how AI might impact things like HR compliance. Thankfully, there is some new high-level guidance available.