Today, it’s not uncommon for an employer to offer more than 10 independent employee benefit packages. The problem is that engagement in ancillary benefits tends to be low. Employees may not know how to access them or even that they exist, due to the complexity and inconvenience of having to access each benefit separately.
However, employers slowly are beginning to realize the great return on investment that can be achieved when all of their employee benefits are working together. Benefit integration is the coordination of any combination of employee benefits that were previously separate from one another, in a way that they are monitored, managed and processed. Once benefits are integrated, they can be promoted as one comprehensive program, with one easy to use process to access them. As such, with integrated programs, employee engagement rates tend to double and even triple. When employee engagement is high, employers start to see their desired return on investment in the form of lower health care costs, increased administrative efficiency, improved morale and increased productivity.