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Stock impact report

The CHRO of Hilton credits their 93% engagement rate to a strong ERG culture and a ‘virtuous cycle' of niche benefits [Fortune]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: Fortune
Around 82% of employees are at risk for burnout this year, and HR teams across the country are worried about keeping their top talent as workers feel increasingly disconnected Companies are searching for different solutions to the problem, but Hilton CHRO Laura Fuentes, who oversees a staff of over 178,000 corporate employees and 466,000 franchise “team members,” tells Fortune that they've found a formula that seems to be working for them. It includes a strong ERG culture, coupled with several in-demand employee benefits. That combo, she says, has led to an employee engagement rate of 93%, and a turnover rate that clocks in at about half of the the food and accommodation industry average or 74%, according to the U.S. Bureau of Labor Statistics. Fortune sat down with Fuentes to discuss the company's mental health platform called Thrive at Hilton , a caregiving service that allows employees to engage their benefits and connect with professionals to meet well-being goals, and a finan Show less Read more
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