Health care costs are consistently rising in the United States. A failure to act on this issue, or simply passing the cost along to your employees, is not a long-term solution to address the problem. Businesses need a systematic approach to control health care spending. Having a Human Resources consultant with a proven record of reducing health care costs is a great way to start changing the existing corporate trends within your organization and often provides an immediate return on investment.
Is your current benefit package increasing year after year? Solaris will work with your team to determine if your benefits are properly aligned with your business needs and your company values. We will develop action plans that are data driven to reduce the rising cost of health care for your team members.
Solaris Employee Benefit Services include:
- Determining which benefits are creating the greatest impact on both retention and recruitment of team members.
- Conducting the Solaris GAP Analysis for your current employee benefit offerings to determine if it’s meeting the needs of both the employees and the ongoing business strategy.
- Developing key performance indicators to track the true financial impact of benefit costs to the company’s profit and loss
- Providing action plans to stave off the bell curve of rising medical costs. Costs of which are rising at an average by 7% year-over-year, without increasing the net benefits for your team members.
Providing a communications plan to promote your company’s benefits to improve team member morale.
