Mulcahy addressed work/life industry experts and decision makers from leading American corporations gathered at the Doral Arrowwood Resort, Rye Brook, New York, for the event hosted by LifeCare, one of the largest privately owned employee benefits organizations in the U.S. and a leading provider of work/life services.
"Employees are a company's greatest asset--they're your competitive advantage," said Mulcahy. "You want to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company's mission. Employees who believe that management is concerned about them as a whole person--not just an employee--are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability," said Mulcahy.
Work/life balance is not easy to achieve, admits Mulcahy, but it is possible. "We're living in a different world now in terms of employee needs, and companies have to offer alternative methods for getting the work done. Even under the most difficult circumstances you can have creative flexibility," said Mulcahy. At Xerox, flexible work arrangements, such as staggered hours, a compressed work week, job sharing and telecommuting are among the most popular benefit offerings. Other benefit offerings popular among Xerox employees are resource and referral services to help employees manage childcare, eldercare and financial issues. According to Mulcahy, a financial assistance program for first-time mortgage seekers has been particularly well received.
"Work/life benefits allow companies meaningful ways for responding to their employees' needs; they can be a powerful tool for transforming a workforce and driving a business' success," said Mulcahy. Mulcahy calls on HR and management to lead the work/life balance initiative, to set the tone and provide support and communication that's consistent. "For such an initiative to succeed, companies have to have total alignment between what they say and what they do," said Mulcahy.
"We are honored by Anne's participation in our conference, inspired by her example, and grateful that she is helping raise the bar among America's corporations on employee benefits," said Peter G. Burki, a founder and CEO of LifeCare. "Motivated and engaged employees drive an organization," Burki added, "and work/life benefits are just one of the ways we can take care of our employees now in order to hold on to them in the future."
LifeCare was also honored to have Carol Evans, CEO and President, Working Mother Media, participate in the conference. Evans addressed the issue of workplace diversity and described Working Mother magazine's new "women of color" initiative.
Other conference highlights included a panel discussion on the future of work/life, led by Burki; the unveiling of LifeCare's new e-learning initiatives developed in cooperation with Cisco Systems; an update on LifeCare's online Discount Center, a service innovation launched earlier this year that's saving employees money, employers administrative time and driving increased benefits utilization; and LifeCare's new GCM program and other aging initiatives that are helping employees manage aging workforce issues.
LifeCare's annual Life Event Management(R) Conference draws Human Resource professionals from companies across the country and industry experts to discuss critical work/life issues, trends, breaking news, and explore leadership strategies and creative workplace solutions.
Notes to Editors
-- Photo: Anne M. Mulcahy, Xerox chairman and chief executive officer with LifeCare founders, from left to right, Jeffrey A. Burki, chief operating officer; Peter G. Burki, chief executive officer; John Place, president
-- Peter Burki is available for interview.
About LifeCare(R), Inc.
LifeCare, Inc. is one of the largest privately owned employee benefits organizations in the U.S. and a leading provider of Life Event Management(R) Services. With nearly 20 years of experience in delivering highly personalized counseling, education and referral services, LifeCare helps employees manage the day-to-day challenges of their lives. In turn, LifeCare helps employers improve employee commitment, recruitment, retention and workplace productivity. LifeCare currently serves more than 2,000 client companies with more than 12 million individuals within health plans, governmental agencies, unions and corporations. For more information, visit www.lifecare.com.
Note: A photo is available at URL:http://www.businesswire.com/cgi-bin/photo.cgi?pw.051603/bb6