Announcing our Total Benefits Assessment
Your CEO & Board members want to know, “Is our benefits program getting better or worse?”
However, many CFOs, HR professionals, and benefits managers have difficulty answering this question because no one has shown them how to quantify the various aspects of their program.
How is it performing from a financial perspective?
How satisfied are employees with the program? Do they even know what’s included in it?
How is it performing from a compliance perspective?
How well is it helping you attract and retain talent?
If no one is helping you quantify each aspect of your program, managing and improving the return on your benefits investment becomes very difficult.
At Health Compass, we’ve solved this by building a framework for improvement called the “Total Benefits Assessment.”
It quantifies each aspect of your program so that if, for example, you score 55/100 in compliance and you want to get up to 85/100 within 12 months, we know what steps need to be taken to get you there.
Again, this is the framework for improving your benefits program.
So the next time a CEO, a board member, or any other stakeholder asks, "Hey, is this getting better or worse?" you can confidently say, "Look, we scored 75 out of 100 in this aspect two years ago. Now we're at 95."
With these tools, you can confidently answer these questions.
If you’d like to learn more about this framework for improvement, come to our webinar later this month so you can accurately quantify the return on your company’s benefits investment.