Alera Group

For any business, effective HR practices and workplace policies that continually align with local as well as international employment and labor laws are paramount for attracting and retaining talent and enhancing the employee experience.

However, businesses find it difficult to keep up with the ever-changing regulatory landscape pertaining to HR compliance at both state and national levels. Complicating matters further is the impact of COVID-19 on the financial world: a dampened economy compounded by inflation and an ongoing labor shortage. Consequently, businesses are struggling to devise HR strategies that boost employee retention and talent hiring while adhering to shifting regulations.

In comes Alera Group with a plethora of HR solutions and financial services to empower organizations in navigating issues related to employment regulations, talent acquisition, and company finances.

“We offer retirement benefits, wealth management and human capital management (HCM) consulting in compliance with regulations,” says Danielle Capilla, Vice President of Compliance, Employee Benefits at Alera Group.

Established in 2017, Alera Group has grown over the years — both organically by providing best-in-class HR solutions and through acquisitions of top HR consulting talent.

Alera Group’s signature strength is its collaborative culture, comprising experts from practice areas as varied as HCM, employee benefits, property and casualty insurance, finance, and compliance. The Alera Group team, in turn, collaborates with organizations to enhance their HR and business performance in hiring, retention, engagement and compliance with tailored HR solutions.

Alera Group’s HCM portfolio includes salary studies, total compensation statements, employee handbook solutions, recruiting and training services, and more. In addition, the company provides full-service HCM offerings through contracted HR services, on-demand HR expertise, and HR development project handling experiences.

Enabling Alera Group to serve organizations with myriad bespoke HR solutions is its streamlined Alera Playbook Process. Through the process, members of the Alera Group Employee Benefits team perform in-depth assessments of clients’ business needs and goals to design multi-year, regulatory-compliant HR strategies to confer savings

and efficiency to their Total Rewards programs. The interactive and flexible process also enables Alera Group to modify clients’ multi-year goals through annual feedback and engagement to improve their strategies.

Recently, when multiple medical organizations sought assistance with offering quality employee group-health programs in multiple states while complying with the federal Corporate Practice of Medicine Act, Alera Group provided solutions. By successfully designing efficient and streamlined benefits plans, Alera Group helped the organizations offer attractive packages to their physicians while maintaining compliance with regulations at the state and federal levels.

While developing effective HR strategies for clients, Alera Group also ensures a great experience for its own employees, the company’s “internal clients.” With a robust talent development process, Alera Group dedicates itself to building a dynamic workforce with a focus on creating a welcoming workplace environment—a model it seeks to replicate in client organizations.

Alera Group continues to grow its HCM practice by expanding employee benefits capabilities through further acquisitions, including offices that provide population health management services. As Debra Martinez, Chief Human Resources Officer at Alera Group, says, “We will continue to acquire companies offering specialized HR services and focus on career development and skill enhancement for workforces.”

The growth doesn’t stop there. Alera Group is currently building the country’s largest independent benefits benchmarking survey to provide clients with a fuller understanding of what peers and competitors are offering their employees. In addition, the company is rapidly building out robust benefits communication tools to help organizations implement their programs. Regionalization of the company is also on Alera Group’s roadmap for enhanced service delivery and creating centers of excellence in HCM consulting. In a nutshell, Alera Group envisions further cementing its position as the best-in-class consultant for meeting organizations’ HR compliance needs.