Many employers have fallen into the trap of surrendering to the negative perception around open enrollment and benefits, not realizing the massive opportunity to stand out as an ’employer of choice’. What if you allocated 5%-10% of your total cost of benefits (e.g. healthcare, dental, life insurance, gym membership) and spent that money on marketing the benefits to your number one customer: your employees? Open enrollment acts as the perfect time to re-invent your strategy for communicating the value, tools, and resources you provide to your employees through employee benefits.Read More
The weather is cooling down and the end of the year is approaching us. For many, this means it’s open enrollment season for our employer-sponsored benefits and only a few months to spend the rest of our Flexible Savings Account (FSA) dollars.
What is GoodRx?
GoodRx is a user-friendly app which allows consumers to shop and compare the prices of prescriptions. Through the app, consumers can gain access to coupons and find out which prescriptions have generic options.
The 21st century HR manager is juggling tasks from all levels within an organization. From manifesting the perfect culture, hiring and onboarding employees, to managing and enrolling employee benefits. HR managers are commonly taking on an impossible balancing act on a daily basis. Realizing the overwhelming amount of tasks expected of HR and the fear of the unknown with compliance, organizations often look towards a Professional Employer Organization (PEO) as the ‘easy button’ to streamline these functions.
Bargain shopping for prescription drugs can save you and your employer a lot of money. The impact of carelessly choosing a pharmacy likely funnels back to you in one way or another– through co-pays and direct payments or through the increased renewal your employer receives next year.Read More