Benefits Value Analysis (BVA)


Benefits Value Analysis (BVA) SKU_473

Benefits are key in attracting and retaining staff. Mercer can help you compare and benchmark your benefits plan against the market place and provide advice on the benefits plans that are both cost effective and of high value to your employees. Mercer can help you achieve this by offering the following services, all of which can be provided based on general industry, specific industry or a peer cut.

Related products:

  • Benefits Value Analysis
  • Quantitative Benchmarking via BVA
  • Report Content
  • Sample Reports
  • Contact Us

Benefits Value Analysis

The Benefit Value Analysis reports help companies to make fact-based decisions based on the objective quantifiable comparison of all their benefit plans (health and group, time loss, retirement and savings, company cars) – and their total remuneration package - versus other employers. They help you identify if your benefits are rich enough to attract top talent or conversely too rich and negatively affecting your bottom line. Every day human resource and benefits professionals are challenged by competing organizational needs:

  • Employees demand the best they can get
  • The market demands competitiveness
  • Business survival demands affordability

Make informed HR decisions that balance these needs using quality, comprehensive benefits information from Mercer. Combined with top-notch consulting advice and diagnostic tools that convert this information into intelligence, this data enables HR professionals to score in the "genius" category and become a strategic partner.

Quantitative Benchmarking via BVA

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Plan Value Comparisons
An apples to apples comparison of benefits with different plan designs among selected peers

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Custom Employee Profiles
Identify gaps in your benefits plans for your different employee groups

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Summary of Plan Features
Values, rankings and indices to assess value and competiveness of benefit plan

Report Content

Each report includes:

  • Background
    • Project content
  • Analysis
    • Profiles considered
    • Executive summary of results
    • Results by benefit type and in aggregate
    • Qualitative market comparison
  • Methodology and assumptions
  • Peer group definition

 

Benefits Value Analysis (BVA) sample image

Benefits Value Analysis (BVA) sample image

Benefits Value Analysis (BVA) sample image

 

Sample Reports

Benefits Value Analysis (BVA) sample report image 1

Benefits Value Analysis (BVA) sample report image 2

Contact Us

Tan Hua Teck
+65 6398 2725
benefitssolutions.ap@mercer.com

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