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Both Worlds
Services Business Strategy Strategic Planning Benefit Strategy Health & Welfare Retirement Post-Retirement Compensation Executive Plans Communication and Change Management
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The Best of Both Worlds

Strategic Planning Associates believes that, when it comes to benefits, you can have it both ways.  You can design plans to achieve your organization’s business objectives and fully meet the needs of your employees.  In fact, as our experience has proven, the most effective benefit programs actually cost less – and, measured in employee commitment, deliver far more.

Services At a Glance

Achieving Lower Cost and Greater Value

Strategic Planning Associates will work with you to you develop a benefit strategy that controls – or even reduces – costs, changes your employees’ expectations, and reinforces your business, HR, and benefit objectives.  Our approach is highly interactive, helping you involve and engage people across your organization.  In this way, we help you target solutions that not only produce efficiencies, cost-savings, and impact, but can also change the way you do business.  That's because, in our view, benefits are simply the means to an end. The real goal is a program that engages employees in your overall business objectives, and turns them into active stakeholders.

A Five-Step Approach to Effective Benefit Strategy

  1. Context.  The first step is to reach consensus on your business objectives and assess
    the implications for HR (i.e., identify your organization's real priorities).
  2. Alignment.  Benefit design and delivery must support broader business goals.
  3. Responsiveness.  Because achieving your organization's mission depends on
    the performance and commitment of your people, benefits must be a real incentive, reflecting employees’ expressed preferences and needs.
  4. Efficiency.  With today’s unprecedented cost pressures, it is critical that benefit
    spending be targeted to programs that have the greatest impact, are cost-effective,
    and include features to head off future increases. 
  5. Value.  Your overall program must produce a tangible “benefit” a return on investment, providing you with maximum value in employee recruitment, engagement, and retention.

 

To learn more about how we can help your organization with its benefit strategy needs, contact us at info@strategicplanningassociates.com

 

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