Employee Benefits

Choosing an Employee Benefits Broker

One of the most effective ways to retain and attract the best employees is to offer a competitive employee benefits program. Many business owners believe they simply can't afford to offer their workforce employee benefits or improve the benefit options they already have in place. While the cost of an incomplete benefit package may save an employer in the short run, that savings strategy could negatively impact a business’s long-term success through employee retention and employee morale. Strategic Benefits is currently accepting (new) employer clients with at minimum 7+ employees enrolled in the group medical plan.

Our Employee Benefits program will traditionally include:

As an employer, there are many important things to consider when offering an employee benefits program:

How much will each benefit cost the business and employees?
What type of benefit packages are employers in my industry offering?
Is my contribution strategy competitive for a business my size?
Is my benefits package in compliance with ERISA, DOL, and the ACA?
Do my employees truly value the benefits package we offer to them?

In addition, there are important factors to consider when choosing your employee benefits broker:

Will my broker be presenting all of the insurance companies and products available to my business or just a few that compensate them the best?
Has my broker put in place a strategic plan to manage goals, challenges, and budgets?
Has a 90 day review been established to prepare for your benefits renewal?
Will my broker be participating in benefit open enrollment, presenting and educating my employees, or are they leaving that responsibility with me?
Is my broker keeping me up-to-date and compliant with ERISA, DOL, and all the rules under the Affordable Care Act?
Is my broker providing me with customized enrollment processes, forms, and online tools?
Most importantly, will my broker be an advocate for my HR team and employees who need assistance with difficult benefits and claims issues?

Here at Strategic Benefits, we ensure that you have a competitive employee benefits program that meets employee needs, is compliant, and remains affordable.

If you're interested in offering benefits to your employees for the first time or would like a consultation to review your current employee benefits program, plan administration, or compliance concerns, please contact us to set up an appointment.