Well….not a lot except for the way employees feel at the end of the dance when open enrollment is over….liberated!   

There’s no doubt that everyone needs (or should have) auto and homeowners insurance and for most people cost is the deciding factor on selecting which carrier to go with. Some typical cost saving techniques are bundling policies, asking for discounts, or paying the premium up front for the entire policy term. BUT, if you are a large employer did you know there is a HUGE opportunity for you here? Many of your employees are finding auto/home insurance on their own and you are in a position to assist them and BOOST your Total Rewards program at the same time.

Overview

This case study involves a program implementation and multi-year strategy demonstrating some of YouDecide’s best practices which we apply throughout our client service relationships. The key best practices illustrated below include:

Attracting and retaining employees is one of the key components of running a successful company. A strong compensation and benefits program is essential to maintaining a happy and productive workforce. As lean compensation and benefits budgets force employers to cut back on their core benefits (such as medical, dental, term life, etc.), voluntary benefits can provide significant value to employee benefits with no employer cost outlay. There are a broad range of programs that may be considered "voluntary benefits." Some common programs include: