The Nexgen Approach to Group Benefits
We have the ability to combine traditional, non-traditional and individual products to provide unparalleled flexibility within your compensation and benefits package whether you have 5 employees or 500!
There are many reasons why an employer chooses to sponsor a benefit program. Each employer needs to determine their reasons based on corporate philosophy, budget and objectives. The development and understanding of your particular philosophy is important in designing a program that fulfills your specified goals. Once your philosophy has been determined, Nexgen will guide you through the steps of building and supporting your compensation and benefits package.
A creative and cooperative approach
You may have been told, "I can get that for you for 10-20% less...just sign here". We could tell you that too, but we prefer to listen first, and talk second. Our goal is not to just provide short-term fixes, but to guide our clients through a process that will offer a long-term strategy for their corporate compensation package. Nexgen will work with you to:
- Coach and assist you in developing your particular benefits philosophy
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Identify your company risk tolerance
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Understand and develop a strategy for tax efficient compensation
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Guide you to identify your compensation budget
- Provide a level of flexibility for you benefits offering that you simply will NOT find elsewhere
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Identify the appropriate insurance and service providers that best suit your needs
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Provide full benefits training sessions for your employees
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Integrate group and individual coverage to more fully cover employer and employee risks
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Provide ongoing information, communication and support for you and your employees
Benefit plans do not come without a cost, however, and it is important that you as the plan sponsor understand the funding mechanisms, and that the objectives of the benefit plan are included as part of a total compensation strategy.
- How do I know if I am getting the best value for my benefit dollars?
- How is the price determined?
- How can I provide tax efficient coverage?
- How can I get plan flexibility if I have a company with less than 100, or 50 or 20 employees?
- How do I help my employees to understand and appreciate the benefit plan?
- How do we pay for this?
- How can we control skyrocketing costs?
- Ok, you've sold me...will I ever see you again?