In spite of rising healthcare costs, challenging market dynamics like specialty pharmacy, hyperinflation and a changing healthcare landscape, Northern Tool + Equipment has been able to deliver flat health and welfare costs and a richer benefits package for 3 years and running. Join this case study to hear about the methodological process they followed to design their long-term benefits strategy and how your organization can incorporate a similar approach.
2. Evaluate cost containment tactics to deploy the most impactful solutions.
3. Align health and welfare strategy to broader business and people strategy within your organization.
4. Apply a multipronged approach to benefits communication throughout the year to improve employees’ engagement and education.