Benchmarking Like You’ve Never Seen
Benefits Benchmarking Report tells the real story
The Benefits Benchmarking Report, a new service offered by Benico, Ltd., provides your company with elite intelligence on benefit plan design. Through an exclusive online report generator, we can design reports that benchmark your benefit plans against those offered by other similar employers. The sampling of companies used for the reports can be defined by plan type, geographic location, workforce population and industry.
For example, let’s say you are a manufacturer in the Southeast with 300 workers. We can generate a Benefits Benchmarking Report that compares any of your plans to those of true peer employers. You might want to see if your medical plan copayments are high or if your 401(k) matching percentage is competitive within your labor market. Our goal with this new ability is to provide and present you with real analysis.
While most benchmarking studies in the mid-market are based on polling methods, this new OnlineBenefits report derives its raw data from the largest proprietary database of benefit plans in the industry.
When it comes to comparing an employer’s benefits programs against peer companies, there is no report more complete, accurate and relevant than the Benefits Benchmarking Report. Ask us about it!
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