Your company's entire employee benefit package can be a determining factor in whether your candidate of choice says "yes" to your offer…or whether your top performer turns down an opportunity to work elsewhere. It's the proof on paper that your organization appropriately rewards an employee for a job well done. Even companies looking for ways to cut corners can provide meaningful employee benefits at a cost that won't raise eyebrows.

Taking Care of Today … And Tomorrow

The workforce wants an employee benefits program that provides for today's lifestyles and supports tomorrow's dreams. When your company is interested in your employees' future, they'll invest themselves in yours.

Getting a Cost-Effective Program Mix

Knowing whether you've got the right assortment of programs to attract and retain a qualified workforce requires a great deal of time and energy. Soft costs soar while you're identifying and researching options and vendors. Other job responsibilities take a back seat. Why not spare yourself the anguish and call on the expertise of those who work in this arena on a daily basis?

Nitty-Gritty Solutions offers productive solutions to the everyday challenges of employee benefit selection and administration. We'll help you identify the preferred selections and their sources. We'll evaluate and compare their costs and recorded results. If you want, we'll provide our trained administers to service the programs in a timely and knowledgeable manner. We'll do all of this, plus provide you with regular management reports that tell you how each program stacks up against pre-determined goals established by you, the client. We'll do the legwork … but the decisions are all yours!

Benefits Program Components

Many people view the compensation portion of the employee benefit program as only the beginning. They want a variety of programs, whether fully or partially funded, that does more than support their basic needs. The baby boomers are bankrolling their retirement and taking care of aging parents at the same time. Younger workers are buying homes, supporting families, and making other critical lifestyle choices. Smart companies are finding new ways to meet those needs.

Even the most traditional of employee benefit programs can be creative. The savvy company builds a varied compensation system based on the type of work being done, its contribution margin to the bottom line, and the motivation of the employee.

The key to offering the best employee benefit package is to make a diverse program available.

• Financial rewards include traditional and nontraditional forms of compensation; pension, 401-K, cafeteria plans and medical savings programs; and pay during periods of short-term and long-term disability or long-term care.
  
  
• Health-related benefits can include medical, dental and vision insurance; wellness training and activities; and discount cards for employees of organizations who either have a particularly transient workforces or budget limitations that restrict employer-paid programs.
  
  
• Payroll deduction programs make it possible for employees to take advantage of group rates for automobile and/or homeowners insurance, mortgages, pre-paid legal services, and discount cards for medical services, prescriptions, and recreational activities.
  
  
• Other benefits that should not be overlooked are reimbursement for education, credit union memberships, child/elder care options, and formal recognition programs for work-related achievements and milestones.

Reaping a Return on Investment

Surprisingly, more and more employers are finding ways to answer a diverse workforce's needs through employee benefit programs. They find that such programs have a high return on investment that is paid in the form of employee commitment, high productivity, and bottom-line profits. With a host of ways to fund the programs, businesses are learning that such options don't need to be costly. Optional and/or employee-paid services permit the worker to take advantage of group rates otherwise unavailable for preferred benefits.

Nitty-Gritty Solutions will increase the return on your investment by saving you time and money. Our experienced professionals will complement the talents of your staff to identify, recommend, and even administer the employee benefits program that is appropriate for your organization.