HR Policy Association is a member-led organization that has a tradition of using the collective resources of the membership to drive change in the public policy arena and the HR marketplace as well as to create innovative training and education opportunities. A sampling of those are described below.
The Association created the Center On Executive Compensation to develop and promote principled pay and governance practices and advocating compensation policies that serve the best interests of shareholders and other corporate stakeholders. Additional information regarding the Center can be found on its website – www.ExecComp.org.
Access to medical insurance for retirees regardless of their health status or level of employer subsidy is a major concern of nearly all members of HR Policy Association. The marketplace, however, has been highly resistant to developing the products desired by large employers. For that reason, the Association’s members joined forces three years ago to form a retiree health care purchasing coalition and develop their own retiree medical solution – Retiree Health Access. By using the collective leverage of its members, the Association has been able to develop a breakthrough retiree health care solution that allows members to offer their retirees guaranteed access to comprehensive, fully insured coverage without any employers subsidy or minimum enrollment requirements.
The Pharmaceutical Coalition's mission to achieve a more cost effective and transparent model for purchasing pharmaceuticals benefits for employees, retirees, and their dependents. Its signature project is the Transparency in Pharmaceutical Purchasing Solutions (TIPPS)SM initiative developed by the Coalition which uses a comprehensive certification process to identify pharmacy benefit managers willing to meet the Coalition's rigorous transparency standards. More than 50 percent of the PBM marketplace now subscribes to our TIPPS standards.
With the dwindling supply of labor relations professionals in the United States, the Association's members joined together to develop a unique series labor relations and collective bargaining courses that distill the knowledge, skills, and experience of veteran collective bargaining practitioners. Significantly, all courses are taught from a management perspective, and only persons from corporate management are permitted to attend the courses.
With the number of uninsured Americans constantly increasing, the HR Policy Association has sought to develop a program that will provide populations associated with its member companies not currently covered by traditional employer sponsored health care programs access to affordable health care coverage.