Source: United Benefit Advisors
“Imitation is the sincerest form of flattery” – Charles Caleb Colton
When it comes to managing employee benefits, modeling your health plan design after companies that do it well is not only a form of flattery, but crucial in ensuring optimum health care cost savings. And the rewards for a well-rounded benefits program don’t stop there – companies that make the right investment in benefits have also seen a positive impact on performance and productivity.
So who are the companies that are implementing sound employee benefit programs and what are they doing differently to achieve these results?
Every year, The Principal® selects 10 Best Companies that are leading the way in maximizing the return on investment (ROI) of benefits. On Feb. 19 from 2:00 – 3:00 pm, Kaminsky & Associates and The Principal® will host a webinar, Making the Right Investment in Benefits: How the Winning Companies Do It, to learn benefit design best practices from these 10 Best.
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For instance, one of tactics of the 10 Best Companies that will be covered during the webinar is a strong investment in employee communication. What does this look like? In practice, all of the winners provide employer paid one-on-one meetings with benefits specialists and financial professionals. Their rationale for solid employee engagement is that if employees don’t understand their benefits, they’ll never appreciate the benefits.
The webinar will explore several other best practices and participants will also learn:
▪ The ROI of benefits
▪ Best designs for retirement, wellness and voluntary benefits
▪ How to evaluate benefit effectiveness
▪ How your plans stack up against the 10 Best
With health care costs having a greater impact on an organization’s bottom line, employers can’t afford not to make adjustments to their current employee benefit offerings. Be sure to register for Making the Right Investment in Benefits: How the Winning Companies Do It webinar to explore these top-rated benefit plans.