As a company owner, you know that your work is not only about the financial well-being of your company. You also have a significant impact on the health and welfare of your employees and their families. When they face critical situations, such as illness, injury, or retirement, they rely on the benefits packages that you provide them. That’s why you need to work with a trusted partner who can help you research, procure, dispense, and manage the best benefits packages for your needs.
At Vesta Employee Benefit Solutions, we offer comprehensive benefits consultation services that can help you achieve your goals. We work with you as part of your team to advise you on the available benefits, vendors and costs that suit your budget and objectives. Whether you need health insurance, voluntary plans, or ancillary benefits, we have the expertise and experience to help you find the right solutions.
If you are looking to make a benefits change
You may already offer benefits to your employees, but are you satisfied with the results? Do you feel that your benefits package is competitive, cost-effective, and compliant? Do you know how your employees perceive and use their benefits? If you have any doubts or concerns about your current benefits package, it may be time to make a change.
At Vesta, we can help you evaluate your existing benefits package and suggest improvements that can benefit both you and your employees. We provide a comprehensive analysis of your current benefits and claims, including:
- Advice on future plan changes and areas for potential cost savings
- Advice on changes to benefit packages based on employee demographics, previous utilization rates, and pricing models
- In-depth competitive benchmarking to determine the role of specific benefits in recruiting and retaining employees
- Assistance in finding the right balance between risk and reward when it comes to offering an attractive benefit package
Benefit Plan Design Analysis
As a business owner, you want to offer the best health plan and employee benefits to your staff. But how do you know if your current benefits package is meeting your organizational goals and satisfying your employees’ needs? How do you compare your benefits with those of your competitors and industry standards? How do you identify the strengths and weaknesses of your benefits plan and find ways to improve it? The answer is to conduct a benefit plan design analysis. This is a systematic process of evaluating your existing benefits package and finding opportunities for enhancement.