As a principal with Buck Consultants LLC/Xerox HR Consulting, Stuart Schulman was instrumental in the development of Pension Risk Navigator, an interactive plan management tool that enables plan sponsors to monitor the effectiveness of their retirement program in real time, specifically targeting their unique concerns.
The tool enables employers to set specific, measurable goals based on the current state of the organization’s pension plan, as well as the effect of strategic actions. The interactive Pension Risk Navigator monitors progress over time, showing the likelihood of the employer achieving their customized goals and letting them know whether they’re still on course.
Schulman’s efforts have earned him one of EBN’s inaugural Dig|Benefits Technology Innovator Awards. The program recognizes visionaries who are driving technology innovation in the employee benefits space. Winners will be honored at the Dig|Benefits conference May 19-20 in Austin, Tex.
Mobile computing devices will soon become the preferred platform for most people, as the technology improves and the workforce becomes more tech-literate, believes Schulman, adding that employee benefit portals will need to be more and more accessible using smartphones and tablets.
And, “as firms enter broader global markets, distinctions between on-shoring and offshoring will begin to disappear as connectivity improves and teams work together globally,” he says. “Coordinating benefits across multiple jurisdictions, cultures and languages will become an enormous technological challenge.”
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