Gallagher’s Best-in-Class Benchmarking Analysis Identifies U.S. Organizations That Excel in Optimizing Employee and Organizational Wellbeing.
Dallas, TX, January 30, 2023 – Engineered Air Balance Co., Inc. participated in Gallagher’s 2022 U.S. Benefits Strategy & Benchmarking Survey and was identified as an organization that excelled in optimizing employee and organizational wellbeing. Engineered Air Balance Co., Inc. was recognized for its comprehensive framework for strategically investing in benefits, compensation and employee communication to support the health, financial security and career growth of its employees at a sustainable cost structure. Designations like Gallagher’s Best-in-Class Employer help current and potential employees understand and appreciate an organization’s workplace culture and people strategy; important differentiators as employers compete for talent in a tight labor market.
“I believe if you value your employees’ overall wellbeing, they will continue to remain engaged and excel within the company.” – Kevin Underwood, President of EAB
A U.S. Best-in-Class Employer, Engineered Air Balance Co., Inc. was assigned points based on its relative performance in:
- Planning horizons for the benefits and compensation strategies
- Extent of their wellbeing strategy
- Turnover rate for full-time equivalents (FTEs)
- Completion of a workforce engagement survey
- Use of an HR technology strategy and its level of sophistication
- Difference in healthcare costs over the prior year
- Use of a communication strategy
Engineered Air Balance Co., Inc. was recognized as a U.S. Best-in-Class Employer because of how they approach organizational priorities with a long-term outlook; provide high-quality, high-value benefits; and build and solidify a strong organizational culture through their communications,” said William F. Ziebell, CEO of Gallagher’s Benefits & HR Consulting Division “In doing so, Engineered Air Balance Co., Inc. invests in the whole employee by providing distinct and relevant wellbeing resources that will attract and retain talent.”
About the Best-in-Class Benchmarking Analysis
Gallagher’s U.S. Best-in-Class Benchmarking Analysis profiles statistically significant attributes of top-performing midsize (100-999 FTEs) and large employers (1,000 or more FTEs). Data from Gallagher’s 2022 U.S. Benefits Strategy & Benchmarking Survey was interpreted to identify participants that excel in optimizing employee and organizational wellbeing. To learn more about the report and the qualifying criteria, download the Best-in-Class Benchmarking Analysis.
Gallagher (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.