Independents face so many conflicting choices about employee health benefits. It’s crucial to control escalating benefits expense, but if you reduce benefits or cut hours, you risk losing workers, customers and profits.
There’s a better way, and I was excited to share it during the FMS Financial Symposium Workshop that took place at the 2018 NGA Show last month. (You can download a copy of the presentation here.)
There was a lot of interest during and after the show about level funded plans and how they can reduce benefits costs for independent grocers. Here are some key points to keep in mind.