How to fight the great resignation; attracting and retaining talent with great benefit options

The employee benefits world has gone through a number of changes in the past, and it will continue to evolve in the future. At Aon, we believe there are 5 key forces that will shape the future of benefits and how they are used to attract and retain talent:

1. Expanding Employee Expectations
2. A Decline in Employee Wellbeing
3. An Increasing Important on Diversity, Equity, and Inclusion
4. Mounting Affordability Pressure
5. Accelerating Market Innovation

Employers are deploying a number of strategies to address each of these 5 forces. We will discuss some of these strategies in this session, including virtual care, family-building benefits, surgery networks, direct provider contracting, reference-based pricing strategies, life-style accounts, and pooled employer retirement plans.

*Breakfast will be provided and individually packaged.

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Kyle Hays, EA, FSA, MAAA

Senior Vice President, Aon Missouri Health Solutions Local Practice Leader

Responsibilities

Kyle is an actuary, consultant, and practice leader of Aon Missouri Health Solutions. He consults with plan sponsors on active health and welfare plans, retiree plans, voluntary benefit plans, and participant communications. Kyle specializes in helping plan sponsors control costs and implement innovative solutions to drive value to employers and participants.

Kyle took over as the Aon Missouri Health Solutions Local Practice Leader in May 2020. Prior to that, Kyle was a full-time actuary working in both our Health Solutions and Wealth Solutions practices.

Experience

Kyle has been with Aon since 2006. He has attained the designation of Fellow of the Society of Actuaries and Enrolled Actuary and is also a Member of the American Academy of Actuaries

Expertise

Kyle’s expertise includes assisting clients in setting strategy for their health care and retirement programs as well as providing valuable financial insights for these programs. Kyle is unique in that he is a qualified actuary in both health and retirement. He works with clients to design and manage all types of benefit plans and specializes in large scale design changes of medical plan offerings.