The Town of Wake Forest scored in the top quartile of midsize employers who participated in Gallagher’s 2021 Benefits Strategy & Benchmarking Survey. Wake Forest was recognized as an organization that provides innovative solutions for creating organizational structures, workplace policies and total rewards, which inclusively engages and motivates its employees.
“The best-in-class recognition confirms what we’ve always known – that the Town of Wake Forest is a wonderful place to work,” said Mayor Vivian Jones. “It also reinforces the fact that we have created and are maintaining a value-based organizational culture in accordance with goal three of our Strategic Plan.”
A Best-in-Class organization, the Town of Wake Forest was assigned points based on their 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
Health plan premium increases or decreases at the most recent renewal
Use of a communication strategy
“The Town of Wake Forest takes a proactive and structured approach to planning, developing and implementing comprehensive benefits and HR programs,” said William F. Ziebell, CEO of Gallagher’s Benefits & HR Consulting Division “In doing so, Wake Forest is able to develop a winning formula to attract, reward and retain the right talent and position the company as a destination employer.”
About the Best-in-Class Benchmarking Analysis
Gallagher’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 2021 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: ajg.com/Best-in-Class-2021
About Gallagher
Gallagher (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 68 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
