Take a New Approach to Your Employee Benefits Strategy

Feb 9, 2023

Employee benefits packages are more than a necessity — they’re a cost-effective way to level up your recruiting and retention strategies. But the reality is, there’s a lot on your plate. Between navigating the Great Resignation and actively cutting and maintaining costs, we understand the pressure you’re under as an organizational leader. At Totem, we help organizations leverage employee benefits strategies to optimize impact and reduce cost.

Why your employee benefits package makes a difference

No matter your industry, your employees are on the hunt for jobs that offer higher compensation, better benefits and something that contributes to a better quality of life. All-in-all, people want jobs where they will be taken care of in return for their expertise. This is key to consider when choosing your employee benefits plan. It’s not something you are obligated to offer, but rather the silver bullet to attracting and maintaining top talent. 

We can sense it – you’re hesitant, right? Better employee benefits mean higher costs. But here’s the catch: it doesn’t have to. You can optimize your employee benefits plan to offer everything your employees need without increasing costs. And you can take control of costs without stripping away the value of your benefits plan. 

Change your perspective on employee benefits

It all begins with a shift in perspective. The challenges you’re facing are complex – how are private sector companies expected to compete in the talent war and cut costs? To become an employer of choice, you’re required to put forth a high level of resources to retain valued employees while simultaneously positioning your company as a top employer for recruits. 

Your employee health plan has the potential to be your best ROI. Times have changed, and an average benefits plan is no longer enough. You need to optimize your employee benefits strategy so that it works for you and not against you.

The good news? Totem has a solution that equips you to win the talent war without blowing up your bottom line.

Our long-term strategy is to improve your employees health, make your health plans richer, reduce your employees’ out-of-pocket spend — and save you money.

Ready to optimize your employee benefits strategy?

When you partner with Totem, we deliver plans that provide high-quality care to employees, while reducing costs for self-funded health plans. We help our clients achieve these goals by systematically delivering quality time and time again.

Our core focus is to direct your employees to the highest quality care, resulting in lowered costs and increased employee engagement. We’re able to provide this by combatting what we consider to be the three villains of healthcare costs:

  1. Lack of quality care
  2. Overtreatment and misdiagnoses
  3. Lack of cost transparency

When you adopt a plan that prioritizes quality care, you’ll experience improved outcomes, reduced costs and increased perception and value of benefits. More importantly, enhancing your employee benefits strategy to prioritize high-quality care will boost your recruiting and retention efforts, and position you as an employer of choice.

It’s time to think outside of the box. Click here to book a free consultation call today.

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