How Benefits are Delivered to Your Workforce
Your employee benefits expense is likely a top three expense at your company and a cornerstone to recruiting and retaining top talent.
“But how much money do you actually invest in communicating, promoting and delivering such a significant investment to your employees,” asks Bob Gearhart Jr., with the DCW Group.
“Open enrollment may be right around the corner at your organization and for many employers, that means a company-wide meeting where employees shuffle into a room, suspenseful about whether or not their payroll deductions will go up, deductibles will increase, or potentially both,” he says.
In this installment of The New Benefits Blueprint, Gearhart talks about why how you offer the benefits to your employees is equally important to the benefits you’re actually offering them.
Gearhart Jr. was named Rising Star in Advising by Employee Benefit Advisers magazine, a finalist for Broker of the Year by BenefitsPRO magazine, and has been awarded multiple awards by the Association for Insurance Leadership. He is a nationally recognized speaker on health care and employee benefits frequently appearing on radio, television, and in print to provide expert knowledge concerning the ever-changing landscape surrounding health care in America.
Gearhart Jr. also co-authored the Amazon best selling book “Breaking Through the Status Quo: How Companies Are Changing the Benefits Game to Help Their Employees and Boost Their Bottom Line.” In the book, Gearhart Jr. explains the power of data analytics to inform and guide decisions that can lower health-care costs in group health plans.
In his current role at DCW Group, he and his team relentlessly focus on delivering measurable, repeatable, and predictable reductions in health-care costs for their employer clients while simultaneously improving the benefits for their employees.
DCW Group is an employee benefits and business consulting firm with a goal of making its clients more profitable and productive at their core business, by improving the way they procure health care.
DCW accomplishes this by implementing strategies that create measurable, repeatable and predictable reductions in health-care costs for their employer clients while simultaneously improving the benefits for their employees. Understanding the business models of stakeholders within the health-care supply chain and employee benefits allows DCW Group to eliminate waste, provide transparency and return stakeholder profits to their clients.
Have employee benefits questions? Email Bob Gearhart Jr. at BobJr@dcwgrp.com.
Copyright 2023 The Business Journal, Youngstown, Ohio.