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Employee Retention & Communication Program for ANCOR Membership

Company:
The Colonial Insurance Agency, LLC
Website: Employee Retention & Communication Program
Contact: Ross Setlow, CIC, Vice President
Phone: (888) 250-6689, ext. 133
E-mail: rsetlow@colonialagency.com
Address:
7 Airport Park Blvd., Latham, NY 12110

Colonial Insurance Agency offers full-service communications and voluntary employee benefits products. This service will help employers recapture lost benefit dollars by communicating and educating their employees on the full value of their benefits; thereby helping their employees fully appreciate their total compensation. At the same time, this service assists employers in fighting the rising costs of benefits by helping them expand their current benefits at no additional hard cost. This is accomplished with the use of an extensive portfolio of products and services that can be purchased at the worksite by employees and paid for through the convenience of payroll deduction. Many state and national associations currently offer this type of service.

Program Benefits:

Our program approach allows employees to meet their supplemental benefits needs, which in turn improves employers’ competitive position within our difficult marketplace. Employees obtain the direct value and security of additional benefits at the affordable rates while the employer gains the following benefits:

  • Control the increasing cost of providing benefits.
  • Maximize the return on investment of the current benefits and the cost associated with them.
  • Provides a personalized Benefits Statement to employees, displaying the value of their total compensation.
  • Strengthens the employer/employee relationship by offering a well-rounded, competitive benefits plan that can conveniently satisfy every employee’s individual needs.
  • Provides employees the opportunity to customize a comprehensive benefits plan round existing core benefits.
  • Requires no change of existing benefits plan.
  • Assist in recruitment and retention of quality employees.