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The business of benefits continued to shift this year, with industry mergers and acquisitions filling news feeds. Meanwhile, brokerages remain committed to meeting clients’ needs through innovative ideas that also stole headlines in 2015.
Just this month, Towers Watson & Co. won shareholder approval for an $8.9 billion merger with Willis Group Holdings. Willis investors also supported the combination with the Arlington, Va.-based consulting firm.
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In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
A financial spreadsheet alone cannot capture the total value and performance of a benefits program, nor can numbers on a ledger guarantee long-term operational success.
Bringing a procurement partner into the benefits planning process can offer greater insight and negotiation power, helping to reduce overall costs.
Smaller companies don't need to outspend to compete, says Justworks SVP, if they focus on these particular strategies that go a long way.
The CRO of retirement plan provider Human Interest explains how employers can simplify retirement plans and boost participation.
