SHRM 2012-2013 health care benchmarking: 6 industries, 5 geographic regions, and 4 employee sizes

Abstract

Providing HR professionals and other business executives with key United States-based health care benefits measures, this book explains benchmarking and how it can help identify an organization's strategic benefits plan's strengths and weaknesses, create a framework for managing change, and encourage employees toward continuous improvement. When it comes to measuring benefits plans some HR professionals find that concrete measures can feel elusive: numbers that relate to the context of a specific business, particularly the same industry, employee size, and geographic location, are usually difficult to find. It is precisely this organizational profiling that is most beneficial to enable similar organizations to compare themselves to each other. The six industries covered in this book are finance, government, health care services, high tech, manufacturing (durable goods), and manufacturing (nondurable goods). Additionally, the five United States-based geographic regions are the northeast, southeast, north central, southwest central, and Pacific west. The four employee sizes are under 250 full-time employees (FTE), 250 to 999 FTE, and 1,000 or more FTE. Containing more than 60 metrics about health care plans, such as premiums, deductibles, and copay amounts, this reference is detailed enough to assist HR professionals in managing benefits plans for their organization