UK Federal Credit Union has been recognized as a Best-in-Class Employer in Gallagher’s 2024 U.S. Benefits Strategy & Benchmarking Survey. This recognition underscores UKFCU’s excellence in implementing effective strategies for managing people, benefits and HR programs. UKFCU was selected for its comprehensive approach to strategically investing in benefits, compensation and the employee experience — all aimed at supporting the health, financial confidence and career growth of its employees while maintaining a sustainable cost structure.
Gallagher’s Best-in-Class Employer designation helps current and prospective employees understand and appreciate an organization’s workplace culture and people strategy, which are crucial differentiators in today’s competitive labor market.
“I am incredibly proud of our team at UK Federal Credit Union for their dedication and hard work, which has led to us being named as a Gallagher Best-in-Class Employer,” said Ryan Ross, UKFCU President & CEO. “This recognition is a testament to our commitment to providing the best conditions for our employees to thrive, and will inspire us continue doing what we can to attract and maintain the talented individuals that our members deserve.”
As a U.S. Best-in-Class Employer, UKFCU earned points based on its performance in several key areas:
· Planning horizons for the benefits and compensation strategies
· Extent of the 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
· Difference in healthcare costs over the prior year
“UKFCU recognizes the crucial link between people’s wellbeing and organizational success,” said William F. Ziebell, CEO of Gallagher's Benefits & HR Consulting Division. “When employees enjoy their work, appreciate their benefits and feel connected, the organization thrives — boosting positivity, retention, performance and overall prosperity. That proactive people strategy helps make UKFCU a Best-in-Class Employer.”
About the Best-in-Class Benchmarking Analysis
Gallagher's U.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 2024 U.S. Benefits Strategy & Benchmarking Survey was interpreted to identify participants that excel in optimizing employee and organizational wellbeing.
About Gallagher
Gallagher (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.