The Best Preparation

A question Hal Shepherd of the Kennion Group responded to was:

What should a business owner or HR manager do between now and when the Obama healthcare changes occur?

Hal responded that he believes employers should spend time reviewing their total compensation packages. The Kennion Group assists many clients with taking a look at their total compensation packages and helping the client to define a budget for salaries as well as a benefits budget. It can be easy for employers to lose site of the fact that employees are the ones that make money for the company. By investing the right dollars in your employees, the additional profits will help to reward these employees appropriately.

Some of the changes that have been discussed with Obama’s plan have included benefits packages that are awarded to employees based on length of service and performance, and do not require a one-program-for-all mindset that is currently in place.

The Kennion Group will put out articles and reports periodically to give employers and HR managers more insight into how to better manage their benefits program.

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