Partnering with over 300 manufacturers, we know you are facing unique people and risk challenges:
- 2.6M Baby Boomers will retire from manufacturing jobs in the next decade
- Only 29% of manufacturing jobs are filled by women
- Lack of geographic diversity with supply chain
We’re ready to put our experience to work for you. Over 500 manufacturers participated in our National Survey of Employer-Sponsored Health Plans – the largest, most comprehensive source of benefit data looking at employers’ strategies for managing cost and supporting employees.
Our expertise and depth of data allows our manufacturing consultants to build solutions that meet your unique business needs and provide guidance on a long-term strategic plan based on industry trends, benchmarking and most importantly your business and people strategy. Strategies can include many levers, including Health Cost Management; Diversity, Equity, and Inclusion Analysis and Planning; Business Impact Modeling; Employee Engagement Strategies.
Sample survey insights:
Manufacturers report that total health benefit costs per employee is trending up
In 2021, focused action to manage specialty drug cost ranked the highest in terms of importance over the next 3-5 years for large manufacturers
Average per-employee cost of employer-sponsored health insurance for large manufacturers (500+ employees rose) 4.4% in 2021, the highest annual increase since 2017
Average per-employee cost of employer-sponsored health insurance for manufacturers 50 to 499 employees rose 5.2% in 2021, the highest annual increase since 2017