Navigating Your Next Steps Navigating Your Next Steps HUB construction insurance, risk management and employee benefits HUB employee benefits specialists and financial advisors will work with you specialists will work with you to develop a tailored strategy that will protect to develop a tailored strategy that protects the bottom line, supports your the bottom line, support your workforce and build resiliency for 2025. Here workforce and builds resiliency for 2025. Here are some initial considerations: are some initial considerations: Making risk management a pillar of your organization’s culture Consider The rising cost of benefits — especially for health insurance — can help identify exposures and develop response plans in case Develop a will burden employers throughout 2025. Solutions like health alternative of any type of incident, whether that is a weather-related event, 1 comprehensive insurance captives or self-insurance can be less expensive 1 healthcare a threat of physical safety or a cyberattack. Make sure your risk plan. and more effective than traditional third-party coverage. Ask financing broker understands how to approach risk and can identify gaps your broker if they have expertise in alternative solutions to approaches. in insurance that could disrupt your daily operations. traditional health insurance to tame costs. Whether your main HR goals include lower turnover, improved To compete for a shrinking pool of skilled labor, personalized benefits Create a employee engagement or streamlining costs, determining specific based on HUB Workforce Persona Analysis and data analytics can personalized employee benefits goals will inform your approach to benefits in Dive into data help your company differentiate itself from the competition. Creating 2 benefits 2025. Data analytics tools such as HUB Infused Analytics™ or HUB 2 to set goals. a quality employee experience (QEX) will boost engagement, improve strategy. EmpoweRx™ can help you reach your goals. Work with your HUB recruitment and retention and promote worker wellbeing benefits specialist to define goals and an approach through data. Personalized benefits fit the needs and wants of individual Remain Safety is already the focal point of your operation, but with Turbocharge employees. HUB’s Workforce Persona Analysis™ will help 3 focused on an influx of new and less-experienced workers, injury risks benefits provide data-driven insights that support sound decision- 3 workplace increase. Work with a risk professional to review your safety personalization. making and lead to quality employee experiences throughout safety. program at least annually and address any issues. the organization. A benefits strategy that focuses on employee wellbeing can help energize the workforce, improve retention and enhance workplace Stay in contact with your broker and let them know about culture. Holistic, integrated solutions that take the employee’s Be transparent changes to the business to eliminate surprises at renewal. entire wellbeing into account will perform better than stand-alone Make employee Review exposures and insurance needs at least 90 days prior with your initiatives that have a limited shelf life and limited effectiveness. 4 wellbeing a to policy renewal to allow your broker to find the optimal 4 broker. For instance, organizations can offer access to financial education priority. coverages for your organization. and wellness programs through HUB FinPath and help connect workers to personal insurance coverage through solutions like VIU by HUB. 7 7