Employee Benefits
Your partnership with an employee benefits consultant has a far reaching effect. Your consultant helps you manage your second biggest expense outside of payroll. Even a small difference in results can have a dramatic difference on costs. You need an employee benefits partner who will go the extra mile. A team who cares about your business, its employees and that can take your business to the next level.
Employee Benefits
Your partnership with an employee benefits consultant has a far reaching effect. Your consultant helps you manage your second biggest expense outside of payroll. Even a small difference in results can have a dramatic difference on costs. You need an employee benefits partner who will go the extra mile. A team who cares about your business, its employees and that can take your business to the next level.
Vision | Strategy | Implementation | Results
Employee Benefits solutions that manage costs, attract & retain talent, simplify operations, remain compliant, engage employees, and helps your organization reach its full potential.
We’ll work with you to evaluate where you are, where you want to be and how to get there. We will deliver a long-term strategic plan focused on meaningful, economic impact that meets both your short and long-term goals.
Employee understanding of the benefits is critical to employee buy-in. Without buy-in, the positive impact on recruiting, retention and employee morale may be lost without effective communication plans. Our annual communications plan drives employee engagement in benefits, wellness, culture and helps you build your brand.
Make your benefits offering a true competitive advantage. Strengthen your culture and allows you to reclaim your benefit costs as an investment.
Is your medical renewal keeping you up at night? That is only the tip of the iceberg. Do you know how illness impacts your bottom line? The business costs of illness go beyond your spend for health benefits. Avoidable absences and impaired job performance also impact the bottom-line. The right benefits consultant can help you.
- 80-200% of annual compensation cost of turnover
- 86% of medical claims tied to chronic conditions
- Absenteeism – almost 12 additional days missed by unhealthy workers
- Presenteeism – $3.9k cost per employee
- $10,000 low end compliance fine
- $.61 of every dollar spent on health care benefits is lost to illness and injury
Our work emphasizes that healthy, productive employees promote healthy business.
EMPLOYEE BENEFITS SOLUTIONS
Benefit Option’s employee benefits practice is designed to advocate and reinvest in small businesses, contain cost, promote regulatory compliance, and deliver superior account service. We focus on eight primary employee benefit service areas.