Employee benefits are out of control. Each year, employers face rate increases that erode their hard-earned profits and drag their HR team through a misery-filled renewal process.
But it doesn’t have to be this way.
Unfortunately, most companies (and insurance brokers) miss the mark. Instead of focusing on building a multi-year cost reduction strategy, they focus on building a plan for how to mitigate rate increases at their upcoming renewal.
Here's the deal: You're going to spend millions of dollars to fund your employee benefits over the next 5 years. If you had to write a check this big for any other expense in your business, you would have a strategy in place to ensure you were effective. It's time to build your benefits strategy.
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