In this episode of Raising The Bar Podcast, Allison talks with Steve Watson.

Not many people in the world understand how to control a benefits plan, let alone bring together all the relevant stakeholders.

Steve Watson is one of them.

CFO, CHRO and friend: I knew Steve was just the guest for our podcast at this time.

I know, I know… Plan decisions have been made and everything is being implemented now – so the timing is PERFECT!

In my experience, employers don’t often take the time to explain healthcare economics to their employees. No doubt many don’t understand it themselves, thanks to our industry hiding those economics for so long – but that’s a discussion for another day.

Nevertheless, if you can design a plan that leverages all the industry’s dirty little healthcare secrets to your advantage, you can create an incredible recruitment and retention tool, rather than the morass of a plan you have right now.

And Steve will give you the exact prescription to do it!

Are you ready to Raise the Bar?

Make sure to take away the notes!

Conversation Highlights:

[01:28] How to identify the actual problems of healthcare costs?

[05:35] How does Steve approach the problem of employees?

●    Many employers look at the healthcare budget as a commodity.

[08:16] How Steve portrays stewardship among his colleagues?

[11:19] What is the Employee Benefits Academy?

[15:03] What are the responsibilities of an employer?

[17:49] What conversation to have with stakeholders?

●    HR and finance relations are very important in any company.

[23:39] There should be a frank conversation with employees.

[24:15] Why is Steve trying to help a thousand employees?

[24:45] What are the Three steps to solve any problem?

Memorable Quotes:

“Better relationship between HR and finance is the solution to many problems.”

“Your premium is their revenue.”

“Do everything you can but it should not impact your employees.”

Special Reminder:

Thanks for checking out the show. Be sure to subscribe and leave a review.

If you have an idea or topic for the show or maybe you want to be on the show, visit us at https://raisingthebar.live.

Special Reminder:

Thanks for checking out the show. Be sure to subscribe and leave a review.

If you have an idea or topic for the show or maybe you want to be on the show, visit us at https://raisingthebar.live.

*For complete show notes and how to contact our guests, please visit our website above.

Available on Apple Podcast, Spotify, Google Podcasts, Stitcher and other major podcasting platforms.

Hey, I'm Allison De Paoli. 

Welcome to Raising the Bar:

A podcast for CEOs and entrepreneurs who want to get a leg up in their businesses and careers!

We interview some of today’s top CEOs about what it takes to turn an idea into reality, lessons learned, challenges overcome and future goals.

Listen in for how the most dynamic businesses in the country continue to succeed and take on new challenges... no matter what!

Raising the Bar with Allison De Paoli is sponsored by Altiqe Consulting.