Information is power. When making decisions about the direction and investment of your company’s benefit plan, it’s critical. Cairnstone Benefits Group helps you make more powerful decisions by providing a clear view to your employees’ preferences and anticipated needs as well as your competitors’ approach.
Cairnstone gathers and analyzes information about your competitors and employee populations, then uses the insights to inform decisions about specific offerings and how best to allocate your benefit dollars. When your employees have the benefits they want and need, then your organization is on the path to a happier, healthier, more productive, and loyal workforce.
Benchmark your benefits to your industry
A customized benchmarking report lets you gauge competitors’ plans and assess trends. Our benchmarking tool carves out employer segments – geographic, industry type, or employer size – so you compare your plan to those you compete with for employees. You learn if your organization’s benefit offerings, costs, and employee share of costs are competitive, yet cost effective.
Employee survey: What employees want
Designed to measure employees’ attitudes, perceptions, and understanding of their benefits, an employee survey helps align your benefit spend with those benefits your employees most desire. Research shows when employees feel their benefits needs are met, they are more satisfied with their employer. By applying survey results to develop plans that give employees the benefits they value most, Cairnstone has reduced absenteeism and increased productivity.
Surveys may reveal surprising information. “Traditional” benefits evolved as the line between workplace and home blurred and as the millennial generation entered the workforce with new benefit preferences. The survey results reflect the diverse needs of the employees: Older employees may still value vacation time most highly, while younger employees may regard the convenience of onsite services as essential.
Cairnstone provides you with a clear understanding of your survey results and translates the feedback into a meaningful action plan. As a result, we do not recommend every client implement a survey, rather only those who are prepared to respond to employee feedback or who expect competitive threats to employee retention.
Evaluate full range of products
Cairnstone has strong relationships with numerous third party adminiatrators (TPAs), networks and healthcare companies, so we can identify – and provide – the best solutions for our clients. Through due diligence, we source products scaled and tailored to meet your organization’s exact needs. We offer:
- Detailed plan design comparisons
- Manufacturer overviews
- Financial ratings analysis
Robust analytics: Put data to work for you
Our robust software analytics program identifies high risk individuals, predicts health patterns, and reveals the best strategy for empowering employees to achieve better wellness outcomes. By pairing claims data analysis with predictive modeling, we pave the way to more specific plan designs and guide employees toward cost saving options and timely disease management opportunities.
Decision support is just one facet of our services – select only what you need. Let us tailor a plan that is right for your company and your employees. Contact us to learn more.