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TO:
Nancy Munn
FROM:
DATE:
SUBJECT:
already participating in the savings plan and help them to understand the differences among the
plans investment funds.
Analysis of HSI Employees
An analysis of HSI employees is essential in planning:
Of approximately 1,500 employees, 66.4% participate in HSIs 401(k) plan. This number
is relatively good, but needs improvement. A third of HSI employees are missing out on
the opportunity to save towards their retirement. We want to increase this number to at
least 75%. In doing so, HSI employees will responsibly build their retirement savings.
Only 30% of HSIs employee population has a college education. The remaining 70%
hold blue-collar jobs at HSI manufacturing facilities. Because of this, the majority of
employees are under-informed. Through this internal communication program the
employees will be able to make educated decisions. We want them to be able to
understand all their options, and diversify their money appropriately.
HSI has an extremely diverse workforce, including many Hispanic, Puerto Rican, and
Pilipino employees. Many of these employees are not fluent in English. Because of this,
HSI needs to supply information in both English and Spanish. In doing so, more
employees will be able to understand the benefits of HSIs 401(k) program.
Risks
Only 30% of HISs employee population has a college education. We need to make sure
that the material is clear, concise, and easy to follow.
The workforce is very diverse; therefore, we need to have our communication materials
in English and Spanish. The communication goals need to be targeted to specific
audiences in order for all employees to get the message.
Benefits
Rollout
Targeted Audiences: Approximately 1,470 HSI employees eligible to participate in the 401(k)
plan
Key messages:
We will care for and treat our employees as family
We will be there for our employees every step of the way to ensure a successful plan
We will provide excellent investment education sessions to assist our employees in the
process
We will encourage you to participate and save more through our plan
Strategies
Tactics
Provide education regarding Education workshops
investment plan to help
every six months
employees understand their Infographic of 401(k)
choices
benefits and statistics
Provide communication
materials that are
informative, interesting,
easy to understand, and
have a tie-in to the
companys business (All
material will be distributed
in both English and
Spanish)
4. Increase employees
Knowledge of existing
program by 20% by May
2015
5. Increase distribution of
educational materials by
for distribution of
educational materials
Create a schedule for
the iPR team that
delegates who
distributes the material
and when
Budget
Objectives, strategies, and tactics were broken down to discover how the budget would be
distributed through the implementation and execution of the communication plan.
Evaluation
The iPR team will evaluate each objective thoroughly in order to calculate the return on
investment. Listed below are measurements for several of the communication plans tactics.
Objective 1,
Strategy 1,
Objective 3,
Strategy 1,
Objective 4,
Strategy 1,
Objective 5,
Strategy 1
Conclusion
As a diverse organization with over 1,500 employees, the internal public relations department is
a key factor in the success of distributing communication material and engaging employees.
Information regarding the communication plan must be constructed in both English and Spanish
in order to accommodate to all employees. Harte & Stanwicke Internationals goal of
encouraging employees in building a retirement savings will be achieved through specific
objectives, strategies, and tactics developed and implemented by the iPR team.