Tagged “healthcare-costs”

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Benefits & WellbeingGroup medical renewal in India quoted at +22%: is that where the market is?IT services company based in Pune with about 8,500 employees, plus parents covered on a co-pay basis. Our group medical renewal has come back at a 22% increase. The claims ratio last year was 104%, soGabriel Esposito · 2 replies · 1y ago
Benefits & WellbeingWe switched to active enrolment this year and I am not sure it was worth the painUS university, about 9,500 benefits-eligible faculty and staff. For a decade our open enrolment was passive: do nothing and last year's elections roll over. This year we required everyone to actively Camille Quintero · 3 replies · 1y ago
Benefits & Wellbeing · Answered

Only 29% of our wellbeing allowance was claimed last year. Scrap it or redesign it?

Canadian software company, about 620 employees, mostly Toronto and Vancouver with a remote group in the Maritimes. Each person has a 750 dollar annual wellbeing allowance, claimed by uploading receipt

Adrian Moreau · 4 replies · 1y ago

Benefits & WellbeingBenefits parity for 260 remote staff spread across 19 countries: where do you draw the line?We are a fully distributed software business. 260 people, 19 countries, entities in only four of them and the rest employed through an employer-of-record arrangement. Staff in our entity countries havDaniel Larsen · 4 replies · 1y ago

Benefits & WellbeingA menopause policy on its own did very little. Here is what we changed in year twoUK public body, around 4,300 staff, 62% women and a median age of 47, so this is not a niche issue for us. We published a menopause policy in 2023 with the usual content: guidance for managers, reasonTheo Rasmussen · 4 replies · 1y ago

Benefits & WellbeingOur voluntary benefit take-up, line by line, for anyone wanting a comparisonI can never find real take-up figures, so here are ours. UK retailer, about 11,000 employees, 70% store-based and hourly. All of these are employee-paid through payroll, on a flexible benefits platforColin Esposito · 3 replies · 1y ago

Benefits & Wellbeing · AnsweredHow do you restructure a 401(k) match without it landing as a pay cut?Regional US distributor, about 2,400 employees, a mix of warehouse, drivers and office staff. The match today is 100% of the first 4%, immediate vesting. Participation is 61% overall but only 38% amonQuentin Hoffmann · 5 replies · 2y ago

New Member WelcomeBenefits person for twelve years, finally admitting I do not understand pay rangesI manage benefits for a hospital system in Ohio with about 9,000 employees: health plans, retirement, leave and the wellbeing programme. I know that world thoroughly. Our total rewards director wants Kiara Gupta · 3 replies · 2y ago

Benefits & Wellbeing · AnsweredReplacing a benefits platform: which selection criteria turned out to matter?Professional services firm, 3,500 employees in the UK, Ireland and the Netherlands. Our flexible benefits platform contract ends in fourteen months and we are going to market. The current one is fine Camille Oyelaran · 5 replies · 2y ago

Benefits & WellbeingWhat finally got night-shift nurses through open enrolment (it was not email)I run benefits for a hospital group in the US Midwest, about 7,800 employees across five sites. For years our open enrolment completion among clinical staff on nights and weekends lagged everyone elseMateo Yilmaz · 3 replies · 2y ago

Benefits & WellbeingSix months into a four-day week pilot: the benefits costs nobody put in the business caseWe are an Australian professional services firm, about 340 people, running a four-day week pilot at full pay for 120 of them since March. Hours went from 38 to 32 with no pay change. The business caseBianca Eriksen · 6 replies · 2y ago

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