How Does Your Business Measure Up?
An attractive benefits program is vital for your recruiting and retention efforts, but it is also a significant expense. To ensure you are providing a package that is both competitive and economical, you need to know how your offerings compare to those of other employers in your industry. Benchmark data can provide valuable insight for evaluating your benefits package, helping you conform to or even set industry standards.
What Data Can you Benchmark?
There is information available for almost any aspect of a benefits program, including total costs, cost-sharing measures, plan design, utilization, and voluntary offerings.