Findley Proof
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Powerful Insights from Interactive Forecasting of Defined Benefit Pension Plan Results
With the current volatility in long-term bond rates and in the investment market, plan sponsors should examine the impact of the market on the future of their defined benefit pension plan. The market downturn due to COVID-19 severely impacted the […]
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The Impact of Double Trigger Change on Control Agreements
Challenge A community bank was planning a sale to a larger regional bank and our discussion with the community bank’s attorney focused on the change in control agreements for the executives. A great deal of work had been done when […]
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Community Well-Being Collaboration
Twelve school systems collaborate on a comprehensive wellness initiative with the goal of managing health care costs effectively. Challenge The Lake Erie Regional Council (LERC), a strategic consortium of twelve school districts in Lorain County, Ohio, collaborated on an action […]
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Using Lean Six Sigma to Optimize Short-Term Incentive Plan Administration
Challenge A global manufacturing company with 15,000 employees operating from 30 countries wanted to optimize its Short-Term Incentive Plan (STIP) process, which required an estimated 120 hours per year to complete at the corporate level. The Lean Six Sigma DMAIC approach and […]
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Distributions After Normal Retirement Age in Defined Benefit Plans—Are You Getting It Right?
With many retirement nest eggs still recovering from the 2008 economic downturn and its effect on 401(k) and other retirement savings, those who thought they were close to retirement have found themselves working longer and later in life than they […]
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Performance Management Process Optimization
Obtaining insight from focus groups enabled this organization to leverage technology and develop a performance management process and system that would attract, motivate, and retain top talent. Background: A midwestern, independent hospital with over 1,400 employees wanted to leverage technology […]
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Acquisition Communications
Background: A manufacturer of conveyor belting was interested in acquiring a company that provided maintenance and repair services to its conveyor belts. This acquisition would add another 400 employees to the company’s population of approximately 600 workers. The business plan […]
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Applicant Tracking System Vendor Evaluation
Need for efficiencies in recruiting new hire onboarding leads to organization engaging an objective advisor to prioritize business requirements and manage the vendor selection process. Background: A global manufacturing organization located in over 30 countries was faced with increasing its […]
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Business Case Development
Background: A global textile company with 3,000 employees wanted to evaluate the cost and benefits of outsourcing or cosourcing a number of human resources activities compared to its current practices. Findley was engaged to provide expert guidance, a cost-benefit framework, […]
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Extreme HR Makeover
Background: A city located east of Cleveland, Ohio is home to 20,000 residents. The city’s 150 employees are led by an elected mayor and a seven-person city council. The mayor recently created a human resources (HR) director position to support […]
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