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A rapidly growing financial technology firm faced growing demand for its product and needed to attract the best in the field. However, the business also faced increased medical benefit costs at renewal time. Qualified candidates were in Fortune 500 companies and were accustomed to specific cultural traits along with a robust benefit portfolio. The firm also needed an HRIS platform to streamline their HR management, and assistance developing HR policies and procedures, and an HR service plan.
Extensis conducted an industry benchmark study to determine an innovative benefit solution specifically designed for technology firms – and with competitive pricing. They implemented the HRCloud HRIS platform to simplify and streamline HR processes in one integrated system. And, a dedicated Extensis HR Manager worked with the client to develop HR policies and procedures, as well as an HR service plan.
The firm secured a competitive health care solution that met employee needs and provided a cost reduction for the employer and employees. This enabled them to attract and retain top talent and enhance shareholder value. Additionally, the simplified HR processes, well-defined policies and procedures, and strategic HR service plan mean the firm is prepared for continued growth.