A Fortune 100 defense contractor with 115,000 employees and 163,000 retirees faced high healthcare costs and pension risks. Conduent implemented a tailored solution to reduce expenses while improving employee experience. By optimizing health plans, de-risking eight pension plans, and introducing innovative wellness and retirement programs, Conduent delivered over $700 million in employer health cost savings within two years, $10.6 million in annual employee tax savings through HSAs, and nearly $1 million in reduced pension liability. The program also doubled retirement platform engagement, achieved a 9.7/10 employee satisfaction score, and is projected to generate $2.8 billion in health savings by 2025.

Join for free to read