Marsh McLennan Agency and AlphaStaff announce an HR business solutions program for life sciences employers, Preferred Partner status with MassBio
RevHR unifies all aspects of human capital management into one solution that provides efficient, best-in-class HR administration for life sciences companies and an improved employee experience for their employees.
Marsh McLennan Agency (MMA) and AlphaStaff, a leading provider of HR business solutions nationally, are proud to announce RevHR: Enhanced Benefits for the Life Sciences, a new HR business solutions program that will revolutionize how life sciences companies handle HR functions and support their employees. MassBio, an organization that provides access to industry-leading providers and best-in-class benefit plans to the life sciences industry, has designated RevHR as a MassBioEdge Preferred Partner.
RevHR is a novel program built exclusively for the Commonwealth’s life sciences employers of all sizes, including start-ups and more established companies, which combines all aspects of human capital management into one sleek and supportive program. RevHR leverages our industry-leading partners’ buying power to deliver savings to employees and simplify HR tasks for employers. By doing this, RevHR is empowering life sciences companies to concentrate on recruitment, retention, company culture and science rather than administration and paperwork.
With a one-stop-shop approach that provides in-house HR teams added resources and support, RevHR delivers fully integrated payroll solutions, 401K management, best-in-class employee benefits packages and a market-leading HR technology platform that covers the employee life cycle from hire to retire. Unlike other prescriptive HR outsourcing services, RevHR tailors all program offerings specifically for life sciences employers, leveling the competitive field of recruitment and retention—critically important in the current hiring environment.
In today’s highly competitive talent market, recruiting and retaining quality talent has posed a challenge for employers across New England, and life sciences companies are no exception. To bolster its commitment to improving the overall employer and employee experience of the life sciences industry, MassBio is proud to offer RevHR to provide peace of mind to companies through tools and resources, expert support, cost management and the best technology on the market.
“This platform is ideally suited for the Life Sciences sector and solves many of the key challenges that early-stage companies face,” said Pete Pedro, Executive Vice President, Employee Health & Benefits, Marsh & McLennan Agency. “They can immediately focus their energy on building their business with the confidence that they are offering market competitive benefits coupled with the support and resources needed to administer them effectively.”
“At AlphaStaff, we share MassBio’s commitment to serving the New England life sciences market,” said Harry Glazer, Head of Business Development at AlphaStaff. “Having launched and managed similar programs, we have seen first-hand the incredible value RevHR will bring to life sciences employers so they can continue to create jobs and solve for much-needed healthcare advancement. Being an emerging company is complex – we strive to make talent management simpler and more manageable for these dynamic companies.”
“This is an exciting opportunity for the emerging life sciences companies that are at the center of the Massachusetts industry to streamline their HR, providing huge benefits – literally – for employer and employee alike,” MassBio CEO Joe Boncore said.
“With RevHR, we have an HR solution that has been built from the ground up explicitly for life sciences companies and their teams, and MassBio is thrilled that this game-changing option is available exclusively to companies headquartered in the best life sciences ecosystem in the world,” MassBio President and COO Kendalle Burlin O’Connell said. “If we can give HR professionals at local life sciences companies more time to recruit talent and build company culture, we are doing our job as an industry organization.”
RevHR offers employee benefit plan designs, underwriting practices and administration intended to efficiently manage benefit pricing for life sciences companies while also providing best in-class coverage and employee service.
Visit www.Rev-HR.com for more information, to download a detailed one-pager, and request a virtual meeting.
Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 9,000 colleagues and 160 offices across North America, we combine the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh McLennan. Marsh McLennan is the world’s leading professional services firm in the areas of risk, strategy, and people. Our 83,000 colleagues advise clients in 130 countries. With annual revenue of nearly $20 billion, we help corporate and public sector leaders navigate an increasingly dynamic environment through four market-leading businesses – Marsh, Guy Carpenter, Mercer and Oliver Wyman. Together, we address the most complex challenges of our time.
Since 1997, AlphaStaff has delivered human capital management solutions to thousands of small and medium-sized businesses across the country. As a full-service HR business solutions company, with the highest industry accreditations, AlphaStaff provides a suite of human resources, employee benefits and employee administration solutions designed to simplify business. AlphaStaff is majority owned and largely controlled by its management team, with Sachs Capital as a minority investor. For more information, please visit http://www.alphastaff.com or direct any questions [email protected].
MassBio’s mission is to advance Massachusetts’ leadership in the life sciences to grow the industry, add value to the healthcare system, and improve patient lives. MassBio represents the premier global life sciences and healthcare hub, with 1,500+ members dedicated to preventing, treating, and curing diseases through transformative science and technology that brings value and hope to patients. Founded in 1985, MassBio works to advance policy and promote education, while providing member programs, events, industry information, and services. For more information, visit www.massbio.org.