Human Capital: Utilizing Your Employee Benefits Program To Protect Your Most Valuable Asset
The most significant non-payroll expense for any employer is employee benefits. Employee benefits consist of a variety of programs that can be insured, partially self-insured, completely self-insured, and some do not even involve an insurance product. An ineffective Employee Benefits program can have multiple Indirect Loss Costs. These costs can include Sick Leave, Salary Continuance, FMLA expenses, Absenteeism, Presenteeism, Overtime/Temps, Turnover Cost, Brand Loss, and Product Quality.
At resecō, we provide creative solutions to help our clients manage all aspects of their employee benefits plans. We are relentless in our pursuit of new solutions, resources, and focused on our clients’ results.