BETHESDA, MD – (October 21, 2013) – Nearly half (47%) of Fortune 1000 Chief HR Officers believe their wellness programs are not effective, according to a new survey by Consero Group, an international leader in creating high-level, invitation-only events for senior executives. The results were reported as part of the 2013 Chief HR Officer Data Survey, compiled by Consero Group.
“Chief HR Officers seem to believe that employee health deserves a prominent place on their list of priorities,” said Paul Mandell, Founder & CEO of Consero. “Given the time and effort put into educating staff about healthy living, it is surprising that such a significant number indicated they do not believe their wellness programs are effective.” In addition, nearly half (47%) of Fortune 1000 Chief HR Officers surprisingly reported that their organizations do not have a social media policy. “The increasing proliferation of social media has given rise to an array of challenges for corporate HR departments, such as identifying what kinds of social media postings are punishable at work to the extent to which social media use is permitted in the office,” said Mandell.
“The fact that nearly half of survey respondents said they do not have social media policies is not merely an area of concern, but a sign of significant potential liability.”
Majority are Under-Resourced:
Fifty-seven percent said their departmental budgets are not sufficient for them to perform their roles effectively and 43 percent said their departments do not have the talents needed to achieve their goals.
Few HR Officers Involved in Selecting & Coaching Board Members:
While HR executives can play critical roles in identifying, vetting, and working with Board members, just 20 percent of Chief HR Officers said they were involved in selecting and coaching members of the Board.
Healthcare Exchanges Not Expected to Have Significant Impact on Benefits Planning:
Eighty-five percent of respondents do not anticipate the Health Insurance Marketplace, or state-run “exchanges” for which most Americans became eligible on October 1, to have a significant impact on their benefits planning. The 2013 Chief HR Officer Data Survey included 11 questions that were posed to Fortune 1000 Chief HR Officers in connection with the invitation-only 2013 Chief HR Officer Forum hosted by Consero. A total of 47 responses were provided.
Founded in 2010, Consero Group is an international leader in creating industry-specific events for senior-level executives in industries that include: Legal, Compliance, Shared Services, Customer Experience, Finance, IT, HR, Procurement, among others. With operations in the U.S. and in Europe, Consero is best known for transforming the executive experience through intimate, invitation-only programs in a sophisticated learning environment with high-level content.