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July Edition 2020

Buck – Creating a culture of wellbeing and workforces for the future

Buck – Creating a culture of wellbeing and workforces for the future

With changing dynamics in healthcare, retirement, and talent, people think about work in very different ways. Today, your employees expect you to invest in their growth and financial security in more personalized ways. HR consulting services provide valuable guidance to companies and their supervisors regarding matters of personnel management for the smooth running of the business. Such services include the areas of recruitment, compensation management, the business processes evaluation, and system implementation. They can even encompass the important aspects of resources management, including human capital, recruitment or outsourcing human capital, talent management, employee attitudes and conflicts, retirement policies, health benefits, legal counseling, and many more.

Buck is an integrated HR and benefits consulting, administration, and technology services, provider. Headquartered in New York City with global operations, they're focused on helping its clients realize the best organizational performance for their business while driving positive health, wealth, and career outcomes for their people. Driven by best-in-class technology and leading analytics capabilities, the company's consulting solutions, and easy-to-use administration platforms are helping the world's most forward-thinking companies re-envision and re-design the way that employees and members work and live. With an eye towards the future, it is introducing new technology-enabled administrative solutions that make delivering on your commitments to your employees seamless and more measurable. So you can make the right decisions regardless of the shifts in your workforce and strategy. At Buck, they are working to redefine the social contract or two-way relationship between you and your employees to accommodate shifting expectations and stay ahead of them.

Various expertise furnished by Buck

Health: A healthy workforce means a productive workforce. It helps you improve strategic decision-making, drive program excellence, and remove everyday hurdles so you can provide benefits that positively impact business outcomes and employees' lives. Buck's HR consulting and employee health benefits solutions are creative and designed with the big picture. The data-driven recommendations are both smart and practical. It connects, integrates, and works for your people and your bottom line.

Benefits programs work together across the health, wealth, and career spectrum. When you work with Buck, your core team is thoughtfully assembled to meet your specific needs. This team of specialists crosses disciplines to work as one, custom-designing solutions that are uniquely suited to you.

Wealth: Personal financial growth fosters employee loyalty. And they can help your employees get there. Its experienced team not only comes up with the best investment and retirement planning options for your people, with Buck retirement plan consulting, make sure they understand the ins and outs of every aspect. The firm works to understand your needs, provide valuable insights, and strategically guide you to make informed decisions that position your investment and retirement programs to meet your business objectives. Buck offers a range of retirement services to help plan sponsors manage their programs, including actuarial consulting, defined benefit and defined contribution plan design and administration, and compliance consulting. The service offering includes data remediation, de-risking, and developing end game strategies for frozen pension plans.

Career: An effective strategy for selecting, motivating, and engaging with your employees can go a long way towards determining your organization's success. This strategy starts with planning your workforce needs and expands recruiting, rewarding, and retaining top talent. Pay, performance, development, and succession all play critical and interrelated roles in shaping your employees' careers and advancing your business. With the right strategy and HR solutions in place, you'll maximize the return on the substantial investments you make in your employees. Having the right leaders to drive desired business outcomes is critical to your success. And you need to ensure your packages will attract and retain the right talent. The technical expertise that Buck brings to its client relationships includes a broad range of issues, including accounting, governance, and stakeholder concerns. It has extensive experience working with organizations that range from publicly-traded to privately-held and family-owned to tax-exempt.

Compliance: Corporate leaders are accountable to shareholders and regulators in new and different ways than ever before. And you need a trusted advisor to guide you through the changes and ensure your programs remain in compliance. Buck's deep understanding of the regulatory and legislative environment informs its insights, recommendations, and solutions. At the same time, its timely analyses make the ever-changing and complex HR and employee benefits landscape easier to understand. Knowing they are managing all of this on your behalf gives you the peace of mind needed to focus your attention on taking care of your people.

Leader behind the triumph of Buck

Jack Freker is the Chief Executive Officer of Buck. He is focused on helping clients realize the best organizational performance for their business while driving positive health, wealth, and career outcomes for their employees.

"With an eye towards the future, we're introducing new technology-enabled administrative solutions that make your commitments to your employees seamless and more measurable."


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