At COHIBL, our employee benefit strategy audit is designed to help businesses identify areas where they can improve their employee benefits packages to better support their employees’ overall wellbeing.
The fear of losing valuable employees is one of the primary reasons why businesses should consider an employee benefit strategy audit. When employees feel unsupported or undervalued, they are more likely to leave the company, which can be costly in terms of lost productivity, recruitment expenses, and training costs. By improving employee engagement and wellbeing through a strategic benefits package, businesses can reduce the risk of losing valuable employees and increase the overall success of their organisation.
The audit involves a detailed analysis of your current benefits package, as well as an assessment of your company’s goals, values, and objectives.
Talk to Our Team
The first step in the audit process is to schedule a meeting with you to discuss your requirements and understand your business.
During this initial meeting, we will discuss the current benefits package, your company’s goals and objectives, and any specific areas of concern.
Once we have been authorised to conduct the audit, we will begin our research, which typically takes a couple of weeks. We will approach the market and gather feedback from leading providers in the industry. We will analyse this feedback using our expertise and experience to identify areas where the company’s benefits package could be improved.
After the audit is complete, we will continue to work with you to help implement the changes outlined in our report.
This may involve negotiating with providers to secure more competitive rates, helping to design and implement new benefits packages, or providing ongoing support to ensure that the company’s employee benefits package remains up-to-date and effective.
Get In Touch