Why Universal Benefit Account

    Posted by TASC Large Markets on Jul 26, 2019 11:20:26 AM

    Are you one of the 68% of companies1 that are using different benefit platforms with multiple vendors and a fragmented, disjointed experience for HR and your employees?

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    Would you agree that separate systems, websites, logins and passwords is an administrative nightmare and does little to attract key talent who want 24/7 easy access to their healthcare and benefit dollars?

    In 2018, 72% of organizations2 increased benefit offerings to retain employees and 58% to attract new talent. In 2017, 80% of employers3 agreed providing a wide variety of benefits with customization would improve recruiting and increase loyalty.

    Your workforce is now made up of 5 generations, with the majority being Millennials.  Each with unique needs and at different stages in their life and employment journey.  Would you agree, that having the ability to offer broad benefit packages that are part of a total compensation package, would be invaluable in attracting new talent and keeping the people you already have?

    You no longer have to accept “that’s just the way things are.”   The current systems are costing you valuable time and energy, stalled business plans, an un-engaged workforce, and lost productivity, and this can be different!  What if you had a solution that is built around what you (the employer) and your employees need through a custom benefit plan. 

    Are you interested in being an employer of choice for top talent? How about eliminating administrative burden, reducing costs and driving engagement with an integrated benefit solution?

    The war on talent has created a tension that requires employers to offer more with less and the job prospect has more choice, which creates a demand for a digitized, unified and personalized employee benefit experience.

    TASC Universal Benefit Account is your solution.


     

    Sources:

    1. Guardian Workplace Benefits Study – 5th Annual, May 2018
    2. 2018 Society for Human Resource Management Employee Benefits Survey, March 2018
    3. MetLife’s 15th Annual U.S. Employee Benefits Trends Study; April 2017