Employer & Benefits Review
Steps to Compensation Benefits Review
1) Introductory Call & Identify current benefit offerings/packages. Key elements to consider include the following:
- Salary, wages, bonuses and commissions
- Financial wellness
- Health insurance
- Retirement plans
- Paid time off (vacation, sick, personal, parental leave, etc.)
- Flexible hours and remote work arrangements
- Other insurance types/voluntary insurance (vision insurance, dental insurance, critical illness insurance, long- term care insurance, life insurance, disability insurance, pet insurance, etc.)
- Mental health support
- Tuition and student loan support
- Childcare benefits
2) Assess and analyze your current compensation/ benefit package:
- Are your benefits being underutilized?
- Cost analysis of current worksite benefits
- Cost analysis of any adjustments to those worksite benefits
- Cost / Benefit analysis of supplemental benefits not
3) Review & recommendations
