How Do Your Benefits Stack Up Against the Competition?

Grab a Starbuck's® and Find out for FREE

Today's economic climate has heightened financial worries for Americans. For businesses, health care costs are a major concern and weigh heavily on the minds of many human resource directors and CFOs.  How can they strike a balance between affordable health care as well as attract and retain quality employees, while remaining competitive?

In partnership with the Greater Washington/Baltimore Metropolitan Area business community, The Insurance Exchange, Inc. (TIE), a premiere large regional full-service insurance brokerage firm focusing on the Middle Market employers, is offering a free benchmarking metrics tool to strike that balance.  This invaluable survey helps HR directors and CFOs determine how their employee benefits package stacks up to the competition.

“Controlling health care costs and attracting and retaining quality employees are the top two major concerns for HR directors and CFOs,” explains Joseph “Jody” Buyalos, Executive Vice President, Employee Benefits, TIE. “We've partnered with the highest-regarded, most respected international actuarial consulting firm in the insurance industry to bring their Fortune 100 actuarial expertise to the underserved Middle Market.”

A Fortune 100 Service for Mid-Market Companies

This comprehensive Mid-Market Benefits Survey of employer-sponsored benefit plans takes just 30-60 minutes to complete the first year and is in a user-friendly, secure web-based format.  It can be completed at any time and results are saved electronically so that they can be completed or edited later.  Future year updates take only 5 to 10 minutes since results are saved from the previous year.  A comparison of national averages from the previous two years to current averages is also included in the report.  Best of all, the user's individual results will be provided in a clear, easy-to-understand format by a qualified and knowledgeable consultant.

“Other surveys from national consultants are cost-prohibitive and geared towards huge Fortune 500 companies with a minimum of 5,000 employees which is not relevant to the Middle Market,” says Buyalos. “Our service is FREE and open to all employers in this region.  We are specifically targeting the underserved Middle Market employer with 50 to 5,000 employees.  The survey results are eye-opening for many employers because they are better able to determine if they are above or below the averages in terms of their health care, wellness programs, and other benefit offerings.  This region is traditionally richer than the national averages but unlike other competitor Surveys our Survey shows BOTH the Regional AND National averages.  It also offers employers suggestions as to how they can improve their health care offerings in a cost-effective manner; thereby ensuring good employee retention.”

Last year, 4,848 U.S. Middle Market employers representing 2.6 million employees participated in the survey.  There are 35 questions with over 1,000 different data elements so the survey is extremely useful in benefits benchmarking.  Buyalos recommends that HR Directors and CFOs take this survey annually since the results are saved and all you have to do is spend 5 minutes to update any changes from the previous year and you will receive your complimentary copy.  “We are in a dynamic marketplace,” he concludes.  “Trends in employee benefits packages are constantly changing and this survey is an invaluable way to stay on top of them each year.”

So what are you waiting for?  Go to www.tie-inc.com today and click on “START SURVEY NOW!”   The icing on the cake?  As a thank you for taking the survey, you'll receive a $10 Starbuck's® Gift Card and one FREE copy of your Individual Customized Report (ICR) with Summary of Results.  Hurry!  The survey closes May 1st.  

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