Benefits Budget Guide: 13 Cost-Containment Strategies to Reduce Spending and Optimize Your Budget
Benepass eBook
Most companies pour a great deal of money into employee benefits—on average, about 30% of total compensation is attributable to employee benefits. With benefits accounting for such a large portion of an HR team’s budget, it’s no wonder that many companies struggle to create a benefits strategy that provides competitive benefits without breaking the bank.
What you’ll learn:
- 💡13 proven strategies to reduce costs and optimize your benefits spend
- 📊 How to assess the effectiveness of your current programs
- 💼 Insights on tax-advantaged accounts that deliver value without increasing your tax burden
- 🎯 The ROI of competitive benefits for recruitment, retention, and reducing turnover
- 💸 The power of consolidating point solutions into flexible benefits accounts
- ⚕️ Ways to boost employee health while cutting healthcare costs
- 💰 The financial impact of investing in a platform with forfeiture rules
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