By BLR Founder and CEO Bob Brady
These days health care is all abuzz with the pending healthcare reform bill in the Senate. Meanwhile, companies are getting walloped by higher than expected costs just when they can least afford it. And you, as an HR professional, are on the front lines.
Employers are understandably concerned with the hikes in health care as employees are making more trips to the doctor and dentist and undergoing more exams, tests, and treatment—all common occurrences during a recession.
Even in these trying times, however, it may be wise to keep investing in health benefits as they can build a stronger, healthier bottom line. Healthy employees mean a healthier, happier, more productive workplace. Invest in health benefits for your employees and you can reap the rewards in the long run.
Company health benefits have long helped businesses:
- Recruit and retain quality employees.
- Increase employee engagement.
- Improve employee satisfaction.
- Reduce absenteeism.
Poor employee health costs you more than you might think. For example, a study from the Journal of Occupational and Environmental Medicine indicated that the loss of productivity from “presenteeism” (coming to work sick) was four times greater than the medical and pharmacy costs associated with the illness.
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For years, BLR has conducted surveys of employee benefits to find out what HR and benefits professionals had seen in the preceding year and what they were expecting in the coming year. This year, we are expanding that program by conducting a series of brief, targeted surveys on different aspects of employee benefits. The results of these surveys will be analyzed and distributed free to all respondents.
Today’s topic: Healthcare Benefits
- Is your company planning to make more cost-saving changes than usual to your health plans? (Or considering it?)
- Are you confident that your company’s plan is effective for recruiting talent?
- Is your current plan helping with retention?
- Are you providing adequate healthcare resources?
Take this brief survey and see how your current practices and future plans stack up against those of some of the country’s most successful companies. The survey only takes a few minutes to complete, and it will help you stay on top of your industry and keep your organization competitive.
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Complete the Healthcare Benefits Survey Now
By sharing your insight, opinions, and experience, you’ll help us highlight trends and define benchmarks—by industry, geographic location, and size of employer—that will inform your decision making for the coming year.
At the same time, you’ll gain a highly valuable strategic planning tool that will help ensure that your company is offering competitive benefits.
Complete the Healthcare Benefits Survey Now
Please be assured that all responses are confidential and only aggregate findings will be published.
Thank you for your valued input.
Robert Brady
CEO, Business and Legal Resources (BLR)
P.S. Here are some upcoming employee benefits surveys:
- Benefits for Part-Time Employees
- Relocation and Business Travel
- Incentive Plans / Bonuses
- Disability Plans
- Voluntary Benefits
- Non-Traditional Benefits
- Paid Time Off