| Category: | Insurance agency, |
|---|---|
| Address: | 32 Hampden St, Springfield, MA 01103, USA |
| Postal code: | 01103 |
| Phone: | (413) 263-6683 |
There are no reviews yet!
You can review this Business and help others by leaving a comment. If you want to share your thoughts about Employee Benefit Strategies, use the form below and your opinion, advice or comment will appear in this space.
Benefit Strategies is known for creative administrative solutions and hands-on education - let us go to work for you! We partner with WEX Health to provide a cloud based platform that delivers efficiency for benefit administration, employee engagement and advanced billing and payments. The flexibility of the platform combined with our in ...
In its most general sense, employee benefits planning is a process by which an employer designs a package of benefits that is offered to supplement a prospective or existing employee's base compensation. And in spite of the tumult that the global pandemic has wrought, the fundamental construct of employee benefit planning—design, pricing ...
Functional elements of our unique and comprehensive employee benefits strategic planning process include: Comprehensive Program Analysis. Compliance Review and Ongoing Compliance Strategy. Benefit Trending Analysis. Competitor and Benchmark Analysis. Employee Demographic and Usage Assessment. Comparative Market Analysis.
3. Draft your preferred employee benefits program. After solidifying your company's benefits objective and completing the employee needs assessment, outline your desired program. Determine relative benefits priorities based on employee input and company perspective, finding associated commonality. Consider taking a menu-driven approach ...
Other desirable benefits like wellness are cost effective and enhance the culture. Communicate your plan. Your employee benefit plan should have a purpose that is clear to employees. Your plan reflects your company's values and must be clearly communicated, explaining not just the details of the plan, but the purpose and intent behind it.
Defining an evolved benefit strategy. An evolved benefit strategy articulates an approach and a portfolio that is aligned with business goals, accommodates a changing workforce, and delivers a high-performing and sustainable benefit program. Such strategies contribute meaningfully to employee security, wellbeing, engagement and productivity ...
Employee benefits is not a one size fits all. We design competitive and cost-effective employee benefit strategies that drive sustained, positive behavior by encouraging members to participate in wellness activities that deliver healthier outcomes, greater productivity and lower costs.
The end of cost-shifting. Cost-shifting will be phased out by 2022 due to issues bordering on the thinning affordability of healthcare for low-wage health employees on a plan. Data shows that there has been a decline in the volume of individual employees with a deductible of over $2,000 in 2020. Out of pocket costs are spiking up every year and ...
Managing employee benefits is an important and costly endeavor for employers. While most employers are required to provide mandatory benefits such as Social Security contributions, worker's...
If you ever have trouble finding something on our website or need help getting into your account, simply call our customer service team at 1-888-401-3539, use our online chat feature by clicking the "Get Help" button on this page during regular business hours, or visit our Contact page for more options.