At Edwards and Company we understand the importance of protecting a business owner’s most valuable asset – its employees. In today’s highly competitive workplace, retaining key and talented employees can be very difficult, and is a dilemma that businesses of all sizes face.
One way to reduce turnover and retain key personnel is for a company to provide a quality benefits program to their employees. These benefits such as group medical, life insurance, disability, dental among others, provides workers with the sense of security they need to do the most effective job possible. Providing these benefits is proven to significantly reduce loss of key personnel, and with the proper programs and risk control in place, can be used to even lower future workers compensation costs.
While these benefits are in some cases necessary, they are far from created equal, and extremely costly to an employer. In many cases, the cost to provide your workforce a top level benefits package can be the largest expense on a company’s books outside of its payroll. At Edwards and Company we understand the impact that this has on your bottom line performance. Choosing the right broker to sort through all the options can be the key to being able to afford a quality benefits program for your employees.
Edwards and Company works closely with owners and human resource departments to properly administer manage and implement its benefits programs, while focusing on compliance under the Patient Protection and Affordable Care Act. We will work closely with your employees to assist in enrollments, plan reviews, COBRA administration and many other services we know your employees expect answers on in a time of need.
Before choosing what benefits to provide, make sure you’re getting the right advice – ask Edwards and Company.