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The outsized impact of employee benefits on HR’s value to an org

  • Employee benefits play a crucial role in HR's strategic toolkit, becoming increasingly important in recent years.
  • Understanding unique benefits needs is key for organizations to make a meaningful impact on their workforce.
  • Myriad Genetics implemented financial wellness support and addressed rising healthcare costs to benefit employees.
  • The Myriad Hope Fund was developed to assist employees facing personal challenges through financial aid.
  • This initiative fostered a culture of unity and care among employees at Myriad Genetics.
  • Cost-effective benefits management is essential for talent attraction and retention.
  • AI integration in HR at Myriad requires change management to ensure employees understand its purpose.
  • AI can be leveraged for recruiting, creating job descriptions, and potentially addressing benefits inquiries.
  • Shereen Solaiman's HR journey began unexpectedly through roles at Starbucks and New World Coffee.
  • Her motivation stems from the significant impact Myriad Genetics has on individuals' health and well-being.

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