High associate turnover is costly, distracting, and unproductive for law firms. To recruit and retain the right mid-level associates, partners, and other staff, law firms must provide short- and long-term incentives
that align with their culture and goals in order to
create a professional environment crucial to the success
of the firm's attorneys. Benefits and related services need
to mesh with the entire compensation structure for all
levels, from junior associate through full partner.
In the ongoing battle to contain costs, employers are always looking for tools, old and new, to help keep their healthcare spending in check. One approach is healthcare consumerism — but too often consumerism is discussed as just another plan design option and many employers are hesitant to implement this cost-saving strategy.
Health plan benchmarking is an essential part of your strategic plan, for two important reasons:
What are some of the critical decisions you must make when designing your organization’s health plan?
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