Plus, you’re under the impression that switching benefits consultants usually ends up costing companies more in the long run. But that’s not always the case.
The thought crosses your mind but is quickly pushed away because you think it’s going to be too much work and simply cost too much money.
It doesn’t have to be.
When you partner with the right employee benefits consultant, you’ll see that making the switch doesn’t have to be a long, drawn-out process you want to avoid. Instead, it can be your saving grace – lifting the weight off of your HR staff and helping you cut costs in all the right places.
3 Ways Totem Makes Switching Employee Benefits Consultants a Seamless Process
1. Totem helps you cut costs
You’ve got money on the mind – we get it. Chances are you’re outspending your budget with your current employee benefits plan, and it’s becoming more and more difficult to cut costs. Contrary to popular belief, when you partner with an employee benefits consultant who tailors your employee benefits plan to your company, you’ll end up saving more money in the long run.
At Totem, we’re on a mission to fix healthcare so you don’t have to. Through our tried and true healthcare approach, we have a reputation for helping our clients achieve 20 – 40% in annual savings. By focusing on direct primary care, steerage to high-quality providers, centers of excellence and pharmacy solutions, we not only provide the best benefits available to members, but healthcare costs across the board decrease.
2. Totem is with you every step of the way
Switching employee benefits consultants doesn’t have to feel like a shot in the dark. While some benefits brokers lay it on heavy to get your business, then leave you in the dust with minimal support, communication or flexibility, that’s not our style. A core differentiator that separates Totem from other employee benefits consultants is that we become an extension of your team. Your goals are our goals – and we get creative to figure out how your employee benefits plans can keep you on the right track to achieve them.
One way we do this is by keeping our clients in the fold from the get-go. From strategy planning sessions to implementation and employee communication – we’re here for you. According to Employee Benefits News,
“For many employers, the connection between company culture and employee benefits is lost. The thought of benefits often revolves around yearly renewals, contracts, and cost increases instead of a valuable asset. This mindset can be changed with support, trusted advice, and an understanding of the company’s industry and culture.”
Do you feel as though you’ve let the connection between your company culture and employee benefits fall by the wayside? Let Totem help.
3. Totem supports your HR and benefits teams
Your HR team already feels like they’re underwater. Now you want to transition to a new employee benefits consultant – won’t that create more work for them? The hesitation from your HR Team is valid. Employee benefits and interactions with brokers can bring on a lot of administrative tasks and a heavy burden for your staff. But, with the right tools, resources and technology in place, you can alleviate the burden from your HR Team and free up their time to focus on other company initiatives – like recruiting and retention.
This is achieved through optimal plan design, technology like benefits administration systems and a top-of-the-line benefits service center. Through these tactics, we become an extension of your HR and benefits team, helping to deliver a braggable employee experience to your employees, and lifting the load off of your HR Teams.
At Totem, we know what it takes to lead clients to a benefits plan that truly makes a difference – for their employees and their bottom line. We could go on and on about the impact of our approach, but we’d rather let the results speak for themselves.
Whether you’re ready to take the jump and work with a new employee benefits consultant, or still have a few questions on what the process may look like, Totem is here to help. Connect with one of our team members today for a free consultation – no strings attached.