Three ways your plan eats up your time – and what you can do about it
When looking at your employee health benefits, it’s important to consider how much time you and your employees are using just to use and run your plan. Reducing your benefits administration effort frees you up for more valuable activities – like growing your business!
Here are three ways your current benefits plan (or lack of one) may be wasting your time (and money):
1. Doing it on your own
You have a business to run and finding the best benefits solution for your employees can take time. You might be tempted to do it on your own, but there may be a better solution.
Suggestion: Let your benefits plan be designed by an experienced benefits provider. They’ll make sure you get what you need, see around corners for you for options that require a little more expertise or experience, and find the best providers. Whether you need to lower your drug costs or improve your employees’ productivity, we can help build the right plan for your business.
2. Doing it on your own (again!)
If your business doesn’t currently offer an employee benefits plan, you might think that you are saving money. But the opposite may be true: if your employees are often absent, or less productive than they could be, it may be because they’re not getting the health and wellness support they need.
Suggestion: Provide your employees with well-designed benefits plan that meets their needs and keeps them healthy and productive.
3. Doing it on your own (yes, again!)
If you’re already offering a benefits plan but you have no sense of how it’s being used, or what your employees need, you may be spending time and money on a benefits plan that isn’t providing full value, to your business or your employees.
Suggestion: Find out what your employees need and which benefits can be most effective at improving their health and productivity. Instead of setting up a benefits plan nobody uses, provide a benefits plan that works.
Start Optimizing Your Time With GroupHEALTH
As a small business, you may find the world of employee benefits intimidating. What you need is a reliable guide! In 2020 GroupHEALTH added over 1,000 clients, and we support thousands of small businesses across Canada, so let us support you. We’ll review your current benefits plan and advise you on the next step to brighter future – free of charge.