A Fresh Look: How Health Insurance and Plan Choices Can be Key for Retention and Controlling Costs 

https://www.oswaldcompanies.com/media-center/a-fresh-look-how-health-insurance-and-plan-choices-can-be-key-for-retention-and-controlling-costs/

June 6, 2022

• Blog
• Cincinnati
• Detroit
• Employee Benefits
• Private Equity
• Property & Casualty

By Brian Stovsky

Employee benefits have become a key part of the hiring and retention of employees in today’s hiring market. There is more stress on compensation now more than ever as demand for higher salaries and pay rates come from potential hires and the existing workforce.

An employer’s willingness to put the time and effort into their employee’s benefits outside of wages may make the difference. At a high level, total compensation and employee benefits includes, but is not limited to, health insurance, wellness programs, life insurance and retirement or defined benefit plans.