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Beyond Benefits Saves Life Science Employers From the PEO World

  • 2019-01-31
  • Author: Mandy Yeganegi

The partnership between Marsh & McLennan Agency, a full-service brokerage firm, and Biocom, sets Beyond Benefits apart as the most credible option for life science employers to access rich employee benefits and first-class service and expertise.

A Biocom member and Beyond Benefits client was looking for an all-inclusive benefits solution to replace their Professional Employer Organization (PEO) arrangement. This 290 employee Commercial Physical and Biological Research Company based in Northern California was looking to reduce spend while enhancing the benefits offered to employees.

By joining the Beyond Benefits Trust, the client was able to achieve their goals and more by saving almost $1M in benefits spend in the first year alone, and is now well positioned to continue to grow, attract and retain talent by meeting their financial and operational objectives.
“The decision to exit a PEO is complex and I knew we needed a comprehensive solution that would provide equitable benefits while decreasing cost. The Beyond Benefits Trust exceeded my expectations to provide premier plans that employees and candidates see as a competitive advantage of my company. The MMA team helped ensure a smooth transition for which I have come to rely on as an extension of my team year over year. Overall, the Trust, MMA and Biocom offer a wealth of experience, service and support that helped save my company nearly $1M in reduced benefits and administrative costs in the first year.”– Stacy Solorio, Sr. Director HR Operations
Need to exit your PEO arrangement? Let’s get in touch! Beyond-Benefits.com

To download case study, CLICK HERE