Spotlight on Business: Benefits & Incentives Group

Benefits & Incentives Group was founded in 1997 by Rich Johnson after a 22-year career with an industry leader in the group insurance and employee benefits consulting field. They are an independently owned and operated, client-driven full-service employee benefits consulting firm.
Benefits & Incentives Group provides a comprehensive portfolio of benefit products and services to fit all benefit needs.

The Approach

At Benefits & Incentives Group, balance is at the core of their services and a theme that resonates throughout the heart of the company. To this end, they strive to help clients find balance in their work and their organization’s benefits portfolio. Their “Total Plan Management” approach, customized solutions and technology tools help achieve balance by providing the expertise by which to tackle day-to-day business challenges while administering hands-on management of the benefits plans.

Communication is Key

How a company communicates its benefits package does more to attract and retain top employees than the actual richness of the benefits themselves. Now that more and more employers are looking to cost-saving plans such as Health Savings Accounts and other consumer-driven options, the need for effective communication is crucial. B&IG provides a variety of services to accomplish this goal.

Services Provided

 B&IG provides essential services in four key areas.
1) Employee Benefits Consulting: This includes
• Strategic Financial Analysis
• Insurance Brokerage/Consulting
• Benefits Auditing
• Government Compliance
• HR Advise Call Center
• Vendor Management
• Claims Resolution
• Signature-Ready 5500 Filings
• Alternative Funding
• Benchmarking

2) Employee Communication, to better help employees understand the benefits and incentives offered and services available. For example:
• Open Enrollment Presentations
• Employee Benefit Brochures
• Open Enrollment Guides
• Total Compensation Statements
• Employee Satisfaction Surveys
• Benefits HelpLine (Claims Resolution Hotline)
• Wellness Programs
• Employee Benefit Websites
• Employee Onboarding Websites

3) Retirement Plans
• 401(k) & 403(b) Plans
• Individual Retirement
• 401(k) Rollovers
• Educational Workshops

4) HR & Benefit Technology Consulting, to streamline the following for clients, once again to ease day-to-day challenges
• Vendor Selection & Implementation for Payroll,
HRIS, & Online Enrollment Technology
• Optimization & Integration of Current
Systems
• Benefits Administration Outsourcing

The Benefits & Incentives Group mission is to serve their clients as the market-leader in employee benefits, insurance, and human resources consulting services, utilizing best-in-class resources and technology. They accomplish this mission through diligent attention to the needs of their clients, colleagues, carriers, and community.

For more information, visit their Web site at www.bigroupinc.com.