Next To Wages, Benefits Are Likely Your Biggest Expense
TSG-HR Aligns Benefits Expenses With Business Mission
TSG-HR regularly finds between 10% and 20% of unnecessary premium expense in our clients' insurance plans, ranging from duplicated policies to unnecessary policies (such as one of our clients in Arizona, who had flood insurance buried in his policy despite the fact that his office was located on the top of a large hill).
In 2008, TSG-HR saved our clients over $13 million in realized dollars in needless insurance premiums.
In Today's Economy, Everyone Is Being Asked To Save Money
TSG-HR's human resources experts have held leadership roles in some of the world's most respected multinational companies, and we have initiated and managed hundreds of projects that have made the management of workforces--from 10 employees to 100,000--more efficient and more cost effective. Let TSG-HR and our partners help you realize potentially millions of dollars in ROI each year.
Perhaps you are considering a PEO or ASO to save costs? Or perhaps you're with a PEO or ASO and wondering if you're getting the best deal you can possibly get. Is your HR Manager claiming that a new system--HR, Payroll, Timekeeping, Onboarding, whatever it might be-- will save you incredible sums of money? Will switching benefits providers or outsourcing really save you? Our cost management experts can help you determine the reality.
Tuned Business Processes: Go From Good to Great
The management of human resources is a complex endeavor, and all of us have become dependent on business processes to make sense of the complexity. Indeed, without solid HR business process management in place, how can even (especially) the largest of firms stay in compliance and mitigate risks, all while containing costs?
TSG-HR has experience building, implementing, and managing business processes, both automated and manual, for the largest of multinational companies. If you need help in tuning your processes, or if you need help auditing your processes for compliance (government or otherwise), please contact us.
TSG-HR has carefully assembled a network of technology partners we can call on to help you improve your automated processes, and we have decades of experience overseeing the implementation of the most complex of systems. Let us help you.
Benefits Should Keep Employees Happy, Not Frustrate Them
Did you know that insurance case managers are given bonuses for the number of cases "denied" or "delayed for review"? This has resulted in 67% of all qualified claims being denied or delayed from the onset of their being claimed. Of these rejected claims, 71% are "deferred for further review." The average review process is 8 months, and the average collection is 90 days. Brokers and insurance sales people have no interest in harming their relationship with their carriers, so who is on your and your employees' side?
TSG-HR's team of former insurance agents and attorneys are on your side and ready to fight the battle for you and your employees. Under TSG-HR's support agreement, your insurance dollars are protected and working for you. In 2008, TSG-HR achieved an industry-leading 96% claim resolution rate and delivered over $2.6 million in denied claims to our clients' bottom lines.
We know how to win the case and get the results you deserve.