The Impact Plan
Phase One: Insight and Discovery
The traditional approach to assessing benefits is fundamentally flawed. Typically, HR leaders are constrained by time pressures during renewal periods, making rushed decisions within an opaque process. This often results in a misalignment between employee benefits and company culture, failing to deliver optimal value. Our innovative process begins with the Discovery phase, where we analyze the practices of the nation’s top-performing groups using our exclusive ‘Only Guild’ Key Performance Indicators (KPIs). These KPIs empower employers to manage healthcare costs effectively, ensure transparency, engage employees meaningfully, and harmonize benefits with company culture to attract and retain elite talent.
Impact Plan
In Phase 2, we take our insights from the Discovery phase and formulate an Impact Plan. Scheduled for a specific presentation date, this Impact Plan outlines a concrete business plan and a multi-year strategy to achieve your benefits objectives, including a 1, 3, and 5-year roadmap to success in managing your company’s employee benefits.
Benefits Reimagined
Upon reviewing our Impact Plan, many clients choose to engage our services immediately. Regardless, you and your team will gain significant insights and a clearer understanding of the benefits process—far more than before.
Cost Containment
How can you provide essential benefits to retain talent and stay within budget? We often find that employers lack a long-term strategy for cost management, typically evaluating it annually in isolation. As your consultants, we highlight all available products in the market and share our approach to building effective, long-term cost containment strategies through a comprehensive understanding of the Spectrum of Benefits.
Communication
Effective workforce engagement and communication significantly influence company culture and the employee experience. Only Guild has crafted a successful communication strategy that ensures high participation and awareness during open enrollment and beyond, utilizing multi-channel communications and engaging content.
Culture & Lifestyle
Research consistently shows that employees highly value benefits that positively affect their culture and lifestyle, often more than standard offerings like medical, dental, or vision. Are you currently offering any innovative, non-traditional benefits? Through Guild’s extensive network and expertise, you gain access to a variety of Culture & Lifestyle enhancement tools.
Wellness
While some view wellness initiatives as a means to control costs and mitigate risks, Guild introduces cost-effective and easy-to-implement wellness programs that make a difference.
Advocacy
Let’s discuss what advocacy means to us: it’s about the level of service and care you and your employees receive. Are you fully satisfied with how you’re currently supported? If there’s room for improvement, Guild is ready to elevate your experience.
Technology
We support our clients in navigating technology solutions that streamline HR functions, including payroll, timekeeping, HRIS, applicant tracking, and benefits administration. Are you facing any challenges with your current technology platforms?
Compliance
Compliance is crucial. How are you ensuring adherence to ERISA regulations, managing your employee handbook, and handling filings? What do you expect from your broker/consultant regarding compliance? We’re here to discuss and enhance your compliance strategies.