Employee Benefits | Employee Benefits Consulting & Strategy | Mercer

Employee Benefits

Health and Benefits

Employee Benefits

Providing competitive employee benefits while transforming health management

 

The future of work offers multiple challenges and opportunities in providing employee benefits:

•       Providing competitive employee benefits. The war for talent is continuing, particularly for specialized skills and in emerging markets. A multi-generational workforce demands personalized, creative, digital and flexible benefits. Market practice is not always the right benchmark  and  new employee benefit approaches are needed such as tying employee benefits to diversity and corporate social responsibility strategies.

·         Controlling cost and risks. Medical and disability costs are increasing due to government regulations, aging populations, more consumption of healthcare and more expensive treatment.  Medical expense claims can be catastrophic in nature and often are uninsurable.  Many programs do little to encourage providers or employees to make the right decisions about their healthcare. Managing benefit programs is becoming harder due to new privacy regulations. It is time to optimize benefits spend and transform healthcare management.

·         Simplifying program delivery.  Employers are looking to streamline HR administration and reduce complexity. In today’s digital age, employee benefit communication requires a more personalized and engaging experience. The strategic deployment of technology will enable HR resources to focus on more strategic initiatives.

Mercer provides a range of consulting, brokerage and digital solutions to improve health outcomes and create accessible, affordable and quality employee benefits. 

Our employee benefits services include:

Strategy & Planning: 

  • Share the most relevant market trends and implications for your employee benefits program and help you to develop your strategy

Design & Financing

  • Provide insights around the competitiveness and cost drivers of your program
  • Revisit your plan design and financing approaches to ensure  alignment with your objectives

Vendor Selection & Management

  • Select the most suitable vendor partners, including insurers, based on our deep knowledge of the marketplace
  • Negotiate terms on your behalf and hold vendors accountable for their commitments

Administration & Communication

  • Address administrative support needs and ensure a favorable employee experience
  • Ensure employees understand plan benefits, the investment made by your organization and the role they play in ensuring plans are sustainable
  Speak with a Mercer Consultant
We’re eager to speak with you. Please provide your details below.
*Required Fields