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Benefits Benchmarking: Striving for Average?
Chelko Center for Benefits Management Link to more items from this source
[Opinion]
Jan. 20, 2022

"[M]ost benefit programs are 'benchmarked' to be close to (above or below) average. Almost no companies seek to be best-in-class, and rarely do any seek to be world class.... [M]any more employers can sponsor high-performing benefit programs -- programs with excellent and affordable coverage, exceptional service, and at a low cost. The process begins with good data but shouldn't end with the status quo."

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