Strategic Benefit Planning
Benefits and Insurance Issues Important to You
Competitive employee benefits packages are essential for attracting and retaining quality employees, but continuing to offer them can be tough with the rising cost of health care squeezing an already tight budget. Cutting benefits may seem like a necessary reality for some companies, but could have serious long-term consequences. Attracting and retaining employees is vital so that your company remains competitive and positioned favorably in its industry. One remedy could be implementing a strategic benefit plan, which will help you find ways to contain or even cut costs while still offering competitive benefits. GDI Insurance Agency, Inc. can help you with your benefit planning.
What is a strategic benefit plan?
A strategic benefit plan is a three-to-five-year plan crafted by you and your GDI Insurance Agency representative that outlines goals, strategies and action plans in regards to your employee benefits program. In creating the plan, you and your broker will strategically analyze ways to contain costs through various plan improvements. This approach is a methodical and logical long-term approach to benefit planning, as opposed to making decisions year to year, and will provide a well-thought-out road map for your future benefits.
What are the benefits of implementing one?
At the company level, creating a strategic benefit plan will help greatly with internal budget planning and can also be incorporated into your corporate strategic plan. This will bring HR and employee benefits into larger strategic conversations and ensure that a competitive benefits package continues to be available.
Employees will also see the benefit from a strategic benefit plan in many ways. First of all, by finding ways to cut and contain costs for the company, the employee will likely reap some of the savings as well. In addition, this type of plan will provide assurance for employees worried about their benefits. Next to job security, employees worry most about their benefits and compensation, namely that they could be reduced or cut at any time. Studies have shown that workplace morale is strongly linked to the quality of employee benefits, so reassuring employees that their benefits will continue is a beneficial move for companies. The strategic benefits plan can include an employee communication initiative, which will keep employees informed and assured on the future status of their benefits package.
We have all the resources you need to successfully plan and execute your EMPLOYEE BENEFITS
- Human Resources Admin Portal specifically designed and tailored to your business.
- Human Resource Hotline: Access to Certified HR Professionals
- Labor Law Attorneys: Access to GDI’s network of HR/Employment Law Attorneys
- Coordination of the above to support your traditional Employee Benefits.
- Follow-up Steps Include: Access to OSHA and Safety Compliance Materials & Trainers
- Many of the services are paid for by GDI Insurance Agency, Inc.
Experts In the Industry
Contact GDI Insurance Agency at 1-888-991-2929 for your comprehensive employee benefits quote. Experience the GDI difference and see why our clients love working with us!
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If You Think This Sounds Too Good To Be True, Here Is What Just A Few Of Our Clients Have To Say about their Insurance:
"“…$385,000 less a year than we were paying
We looked hard at all our budget items, and insurance seemed to be a big fixed expense. GDI found us a policy for $385,000 less a year than we were paying”
-CA Home Builder
"…found me coverage for $140,000 less a year
When everyone else said that was the best they could do, I called GDI, and they found me coverage for $140,000 less a year than anyone else offered.”
-CA Cement Contractor
GDI Insurance Agency, Inc. Your Trusted Business Insurance Experts
At GDI Insurance Agency, Inc. we will do the work for you to ensure you have the best protection plan for your California employee benefits. Not only that, but as you can see, we will go the extra mile to make sure your business is protected from the inside-out.
Located in Turlock, CA we have offices throughout California’s Central Valley, Northern California and beyond.
To put the GDI Insurance Agency, Inc. experts to work for you, simply fill click our quote button above or call our office today at 1-888-991-2929 to learn more about GDI’s Employee Benefits Program!