Employee Benefit
Case Studies

Case Study - Benefits: New company establishing a benefit program

 

Background
A newly established technology company with approximately 50 employees based in Santa Clara, CA

 

Situation

● The company wanted to establish a benefit program that was scalable for planned future growth, was efficient, and offered rich plan features that maximized the employees’ perception of value.

 

Solution

● IBP consultants worked with management to understand benefit offerings in the Technology  industry and develop a competitive strategy to attract talent.

● IBPS built a data platform, which provided the technological foundation to support future growth and acquisitions.

● Administration was outsourced to an HRIS  platform for scalable growth.

● IBP advised the company in vendor procurement, negotiation and implementation.

● IBP Communications practice developed materials to trumpet the value of the benefits package the company offered to its employees.