Key to Retaining Good Talent
One of the most important aspects of an employee’s total compensation is their benefits package. In today’s economy, prospective employees are carefully considering benefits when they are weighing job offers. Employee benefits represent a significant portion of their financial security.
Once they are part of your team, employees will be expecting a high level of service from you in regards to their benefit questions and administration.
Leader Consulting can provide this expertise to your employees so you can focus on profit-generating activities rather than paperwork. We can provide the liaison with your third party benefit providers for medical, dental, life, FSA and 401k plans on the administration side and the necessary support on the employee side of the equation, handling all the paperwork and questions, while relieving you of the administrative hassles.
Here are some of the ways we can assist you with your benefits administration:
- Design benefits program from the ground up
- Obtain quotes for renewal and assist with analysis and selection
- Analyze current employer/employee cost structure and suggest changes
- Plan and execute employee open enrollment, including presentations, handouts, and Q&A
- Effectively communicate the plan to the employee base
- Provide a high service level of open communication and Q&A to employees year round
- Research and provide information on best practices in your industry or geographical area
Today’s high functioning employees are extremely aware of the difference a great benefit plan plays in their financial as well as physical well being, and they review their choices carefully. A great benefit package with outstanding administration will contribute to lower turnover rates and higher employee satisfaction levels, which in turn results in lower costs and higher customer satisfaction for your business.
Contact us to see how we can assist you with your employee benefit program management.
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