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02 Dec 2020

David Dodd of Mercer on how to utilise data to help predict future workplace challenges

David Dodd, partner, mid-market leader at Mercer Marsh Benefits, speaks with REBA’s Debi O’Donovan about business risks as we go into 2021, and how employers can utilise the data at their disposal to help predict the future challenges.

“This is a crisis around people and how organisations can respond to the inevitable people risks that are thrown up,” says Dodd.

He argues that first and foremost organisations need to take a back step to assess what the potential risks are – it could be anything from engagement and wellbeing through to ensuring that the business remains competitive.

When it comes to using data to inform employers’ insight into these risks, Dodd believes that having access to good quality data will be essential.

“Being able to evidence the return on investment with regards to your benefits and even your digital platforms is going to be really important,” he says. “Having that data to show how your benefits strategy is aligned and the data that you have informs your strategic decisions is really important.”  

Dodd attended REBA’s exclusive Reinventing Reward for New Workforce Needs breakfast in association with Mercer Marsh Benefits. It brought together senior reward professionals from an array of sectors to discuss the rising challenges, risks and opportunities for 2021.

Read a full round-up from the breakfast event on Reinventing reward: the rising challenges, risks and opportunities for 2021.

Listen to Michele Russell, head of reward at esure Group, as she outlines their risks and challenges for 2021.

In partnership with Mercer

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