Download your copy of The Value of Benchmarking Benefits
Benchmarking can give you a good idea of what other organizations like yours are doing with their benefits package. This information can be used to track trends and potentially reveal innovative strategies being implemented by your competitors. Benchmarking can be used for more than just your healthcare (medical) benefits – you can also consider voluntary offerings (dental, vision, critical illness, cancer coverage, etc.), paid leave policies, wellness programs, and more. How do you compare? Are you offering less than the competition? Are you offering more benefits than the competition? Are you covering more in employer premium contributions? Is your investment having a measurable impact on employee engagement or recruitment?
This type of analysis can help you balance a benefits package that is both cost-effective and competitive. Our white paper takes a deeper dive into benchmarking and how a thorough review can help you create actionable initiatives that can help you and your organization see how you stack up against your competitors.
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