Are there any specific metrics or key performance indicators used to assess the effectiveness of the benefits program in meeting the needs of employees? We talk a lot about compensation but wondering if benefits are given the same consideration…

like
Posting as :
works at
You are currently posting as works at

Exit interviews and Employee Engagement surveys come to mind. If folks cite negative things about your benefits in surveys, it can be a starting point to look into improvements.

However…temper the feedback on the exit interviews. People are quite cavalier when on their way out the door and can embellish things to appear more sensational than they are.

In terms of plan-specific metrics…

Take-up rate: if a given benefit has a low enrollment rate, it might be worth exploring. Be careful though…some benefits have low enrollment due to their specialized nature (looking at you Dependent Daycare FSA…)

Plan Utilization: your carriers should be able to provide engagement data for your population. If your population is not using elements of the plan, it might be an area to explore further (like preventive care on medical. Hint: it is free to use)

like

Related Posts

Which company I have to join dxc or cognizant or mphasis almost same package I want wlb is must yoe; 6 years technology : java package;17lpa thanks in advance

like

What are the different types of ratings in Bofa in Order.

When will the ratings will be revealed and when will hikes will be reflected ??

like

Aside from MBB, which firm pays their employees the best?

like

Anyone got a six figure base as an AE? Hunting around for companies with 6-fig base and similar commission. Seems to be mostly field / enterprise pay.

like

12 years experience as a software developer. How much package should I expect from a MNC company in Toronto, Ontario, Canada?

likehelpful

Any insights on bonus and hike? What should be the expectation considering recession and layoffs?

like

Hi All,
I'm around 8 yr experienced in RPA(Technical). What designation they will give me and what salary should I expect? Is there fixed + variable pay system too? If yes, what's the split?
Total exp - 7.9 yrs
CCTC - 18 LPA

Hi Fishes,

What is the difference between Siemens and STSPL? Are they same and has same work culture , salary slabs, benifits and WBL?

like

I got an offer as Program Coordinator at Samsung R&D institute India Bangalore. I have 5 years of experience. My previous company was giving me 7 lakhs. How much salary can I expect here? Or upto what CTC can I negotiate?

Can intern salary predict full time salary? I’ll be making 24/hr this summer 36/hr overtime.

like

I didn’t got the bonus mentioned in the increment letter. Only increased salary. When do we get it?

like

Hi Folks,

Please like the post, aiming for 11 likes to unlock DM

Also, Which offer is better.

Honeywell - 17 fixed + 4.5 variable
Guavus Thales - 20 fixed + 4 variable

Role - Data engineer
Total experience - 2.5 yrs
Tech stack - Spark, Kafka, Flink, Kubernetes


Thank you.

like

Will Coforge pay the variable as quoted ? If yes what’s the frequency of pay Like half yearly or annual?

like

Wooohoo just landed a data project! Woohoo data! Data runs the world! Hello super high utilization! Hello cushy bonus! 🙌🏽

like

Can someone help with the base salary range for a 6+ years experienced finance professional with FRM and CFA certifications in Big 6 firms in Advisory practice?

Also, what should be the expectations for joining bonus during the current times?

like

What city do you work in?
What’s your title?
Salary?

like

Hi Fishes,

I am about to have HR discussion for Assistant manager Analytics.
I have 5.6 YOE , CCTC - 14 LPA

How much would you guys suggest I should ask?

Thanks

like

How much job grade 105 is getting paid now? Started working at cvs as pharmacy Tech 2 years ago! I’m thinking of leaving because not much upgrade and No promotions!

like

Anyone attended Microsoft Communications round ? Please share tips . Also plz tell me what CTC can I ask for 4 yrs exp for the role of Technical support for Azure Synapse tech.
CCTC- 5.3

Microsoft

like

Can anyone give an opinion about joining Cognizant Bangalore now ? I have 1.8 YoE and they are offering a pretty good hike but I have heard news like there's managerial changes happening rn and many people are leaving the firm. Your opiniors will greatly help me in making a career decision.

like

More Posts

Anyone have insight on working in Patreon’s legal department?

like

Anyone from Deloitte M&A practice can chat about roles? I have questions in regards to M&A start manager and M&A integration.

like

Are people who joined in January not receiving any hikes this year at ac kolkata?

like

Anyone working in Meta here, need referral. Thanks in advance.

like

Hello All, I am looking for base salary for Sr Manager Medical Affairs Healthcare Innovation Technology (HIT) for imaging. I have 12 yoe and looking to be competitive with negotiating salary.

like

I think I’d love a job working at Stetson in student affairs but even the JD required positions pay $50k or less. 🤯😥

like

Have a big upcoming international trip and trying to choose between the Marriott convoy boundless credit card or the chase sapphire preferred card to not have foreign transaction fees. Anyone have any experience with either and can help tip the scales one way or another?

like

What industry companies ( health plan or providers) pay well and has a good wlb?

like

Oliver Wyman how is recruiting there right now..?

like
like

Hi Fishes,
I have total 2 years of experience as a ServiceNow Developer. I am planning to switch from Accenture to other organization but I am not sure which offer should I take?

Infosys Or Wipro - having the same offer around 12 lpa

Which of the above organization will be a better for learning and growing opportunity as a ServiceNow Developer? Which one of the above is better?

like

Hello! I’m gearing up for my year end comp conversation and I’d like to be a better idea of what people are making to ask for a raise. I work for a large asset manager and sell alternative investments (PE, RE, Credit, Infra etc) to RIAs, family offices, and multi family offices. I’m currently an associate, but am hoping to get VP this cycle. Any insight on what your comp looks like and how it’s structured would be super helpful!

like
like

Hi Fishes,

Any idea about Group lead salary in PAS ?

like
like

Anyone has any clue when the promotion will be announced to the promoted candidates ?? For EY gds India

Has anyone heard of, or tried using, the Paladin Registry?

like

Hi, anyone working in data engineering domain in pwc ? Pls reply. I have doubts (gt offer fr the same).

like

Hi guys, I am a UI developer with 4.8 YOE and my cctc is 15.57 lpa where 12.87 is fixed. What would be your suggestions while looking for a job change and how much salary should I aim for? My entire experience has been in ReactJs and Angular and I am looking for a role in ReactJS.

like

I’m wondering what the work culture is like at Deloitte? I have an offer for them as a technical consultant in SAP Basis administration and it sounds good. However, I’m also happy where I am and the work/life balance is good now. What do people who work there think?

like

Additional Posts in Employee Benefits

Top benefits at Bank of America?

like

Does EY’s vision plan not cover eye exams?

like

How does pwc’s wealth builder plan work ?

like

EY advisory laptops - do you get to choose a model or is one just randomly assigned to you?

like

Will GYMPASS be an additional benefit on top of the $500 EY wellness benefit? What is it?

likehelpful

What kind of laptop do you get in ACN Strat?

Bain & Company PPO health insurance only! Post your firm's biweekly premium (employee deduction) and whether it's employee, employee+spouse or employee+family.

Deloitte Accenture EY PwC Boston Consulting Group McKinsey & Company Bain & Company KPMG

like

529 Plan VERSUS Prepaid

We live in Florida and currently have a Freshman in High School and a 16 month old. We hear from our friends and family with college bound children "I wish we would have done Florida PrePaid." After obviously ignoring this for years, we are finally trying to do it before "it's too late" for both children.

Does anyone have recommendations on which plan to go with for each child? I once did the pros and cons on a whiteboard and it seemed like 529 was better.

like

When you finally got your CPA license how much has your salary jumped ?

like

PwC 🐠 - health insurance coverage. What are the deductibles for the high-deductible plans? Still want to use the HSA. Thanks!

Deloitte 🐠🐟 in the DC area, which health plan do you recommend? I'm with Kaiser and it was a huge mistake. I'm looking to switch for 2020!

At EY is I was reimbursed for a stationary bike 2 years ago. Would EY reimburse me for a road bike this coming year? There's a stipulation that says every 5 years but I'm not sure if that means for another stationary bike or if I can get a road bike and be reimbursed.

like

Can you submit a climbing gym membership for a fitness expense with EY? It says extreme sports are restricted and lists rock climbing but is the climbing gym itself ok?

Can anyone from FTI speak to their benefits? 401k match, healthcare, etc?

like

I do sales for a major engineering firm. Focused on new business and exploring new markets. Last year I was in the top 50% for order intake, and first in number of projects won along with number of new customers. I think this is extraordinary given the effort it takes to win new business.

For next year my goal increased by 2.5X, and less of what I bring in counts towards that target. I really enjoy my job but I will essentially be getting a large pay cut. Lost in what to do besides quit??

like

Can we use the wellness benefit (500 at 75%) for Garmin GPS watches?

Who has the best parental leave policies? Need advice

like

Company offers 200% match on the first 3% of 401k contributions, vested immediately. How is that relative to other firms?

like

Changes in the healthplans are going to drive me to spend hundreds in out of pocket early on and I'll meet my deductible whether high or low. Any advice on how to choose a policy?

How much is your firm giving for wfh accomodations?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal