3 reasons why you need employee benefits consulting

Your employees deserve benefits. However, the process of deciding on employee benefits packages and administration can be difficult. It takes a lot of time you likely don’t have, and doing it alone costs a lot more money than it needs to. So, if you’re wondering whether or not you need employee benefits consulting, the answer is yes.

At Nova Insurance Partners, we’ve been providing employee benefits consultancy services to the King of Prussia area in Pennsylvania for years. With our diligent, expert advice, we’ve ensured countless businesses have helped their employees stay adequately covered while also ensuring they aren’t wasting money.

But, if you’re unconvinced, here are 3 reasons you need employee benefits consulting.

1. We have partnerships and relationships that will benefit you

While we’re proud to have cultivated numerous long lasting client relationships through our employee benefits consulting services, those aren’t the only relationships we have. And, truthfully, it’s our other relationships you should be considering. We’ve developed trusted and tried relationships with vendors and carriers. This means we have the ability to customize programs and accommodate your needs based on your size and goals.

But, more impressively, we can project into the future with ease and accuracy through access to market statistics and benchmarking data not easily available to companies who don’t work with consultants. This kind of data can give you the upper hand by giving you essential knowledge for informed planning.

Basically, what you need to know is, at Novia Insurance Partners, we use myriad available resources to optimize your situation.

2. We help you compile a competitive package

We know you’re busy running your business. So investing time into researching employee benefits can be impossible, especially when considering constantly shifting legal regulations you have to navigate and comply with. That’s where employee benefits consulting services come in.

The number one benefit people deserve and expect is health insurance, and that alone is incredibly complex to shop for, especially for a whole workforce. On top of that, there are plenty of other things to consider. Like:

  • Pension plans
  • Daycare
  • Employee discounts
  • Paid leave
  • Life insurance
  • Dental/Vision insurance

All of these independent and nuanced packages make it clear why you need employee benefits consulting services to allocate the necessary attention to each package. But, what’s better, is we will tailor each package to your business size, type, resources, and identity.

With a combination of employee feedback and industry research, we’ll be able to put together a competitive package that will enable you to attract and retain top-tier employees.

3. Our benefits communication strategy

Something that’s often overlooked is the necessity of having a communication strategy to accompany your benefits packages. And that’s one critical perk of employee benefits consulting. The reason is simple. If your staff have no idea about the full gamut of their benefits, they likely won’t use them. And the reality is unused benefits amount to money down the drain. Conversely, overused benefits can also cause your premiums to skyrocket the subsequent year.

So communicating restrictions and available benefits are absolutely essential. And, at Nova Insurance Partners, we’ll offer to conduct orientations for your staff to ensure everyone’s on the same page.

Book employee benefits consulting services now

If you haven’t utilized employee benefits consulting services, there’s no doubt that you need to start. Not only will you ensure your employees are taken care of, but you’re ensuring that you’re not wasting money, and that everyone is on the same page.

Contact us now to book an appointment. And remember: Your employees’ benefits are your benefits, too.