Tuesday, August 19, 2008

MetLife Introduces New Benefits Benchmarking Tool

MetLife has introduced its latest tool to assist brokers and employers find the best employee benefits. MetLife Benefits Benchmarking Tool is a Web-based application for comparing and contrasting benefit offerings and objectives in 35 areas. The new tool can use demographic sectors like an employee’s income and stage in life to sort data and can provide a more in depth view of relevant customer needs such as wellness programs and retiree benefits.

“Employers are increasingly viewing employee benefits programs as strategic differentiators because they can help employers address employee loyalty, satisfaction and retention goals,” said Anthony J. Nugent, senior vice president, MetLife Employee Benefits Sales. “Companies and brokers that are well informed about benefits trends across various industries, geographies and demographics – and how theirs or their clients’ benefits programs compare – are better positioned to develop competitive and effective programs that attain their business objectives.”

By using the MetLife Benefits Benchmarking Tool, users can select, view, and download benefits data relevant to current marketplace topics. Topics can include benefits objectives, strategies and offerings; communications and decision making; employee retention and loyalty goals; retirement and the aging workforce; and health and wellness.


This excerpt was written by U. S. Insurance News
Monday, 18 August 2008

View the original news article