Definition: ben-e-fit stra-te-gic plan-ning
- The formal consideration of an organization’s future course as it relates to human capital management
- An organization’s process of defining human capital issues, direction and making decisions on allocating its resources to pursue defined objectives, including its capital and people.
- A proactive process that is internally focused, with management in control.
The employee benefits marketplace has become increasingly complex and competitive. The central questions that need to be addressed are: What is your organization’s current strategic view of benefits and HR? What are today’s human capital management priorities? What is the role of your benefits program? Why do you spend money on benefits? And what do you want to accomplish with your benefits program over the next 3-5 years?
Take a look at the following presentation to get familiar with the concept and process. Contact us for assistance in facilitating the strategic planning process and the creation of a written benefits strategic plan for your organization.