INSIGHTS

How an organization improved retention and hire of the right talent
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Situation

A multinational firm with diversity and inclusion as their primary agenda across the globe, wished to increase the representation of women in their workforce.

Challenge

The number of female employees was about 20%-25% of the total employees and the company was facing a challenge to find the right employees to hire. They were also experiencing a high turnover of employees, both male and female, and in different age groups.

Action

The Marsh India EH&B team analyzed the organizations employee health and benefits program, including policy wordings of employee health insurance policies and claims reported in the past few years. Feedback was also sought from employees to craft a new program.

As a result of this initiative, the organization decided to enhance their insurance and benefit program to include the following:

  • Cervical vaccination.
  • Surrogacy coverage.
  • Enhanced maternity plan to cover complications and out-of-pocket expenses.

Impact

The organization was able to attract the right talent, and retention of employees also improved. At the same time employee participation in the organization- offered voluntary health benefit program increased.

The EH&B team

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Marsh Contact
For more information, please email
contact.india@marsh.com