Name: It’s Time To Prime Your Benefits with Amazon’s Director of Global Benefits
Start: 2023-05-24T11:26:00Z
End: 2023-05-24T11:26:48.000Z
Location: BrightTALK
Rating: 0

Nava is the industry’s only benefits brokerage to fuse innovative technology and benefits expertise to make great benefits easy for growing businesses. Through delivering a better renewal strategy, benefits back-office support, and modern member support, employers turn to Nava to lower costs, delight employees, and augment HR teams. Learn more about our mission: www.navabenefits.com.

Exclusive access to an Ask Me Anything (AMA) session with Dawn Sharifan, Former SVP of People for Slack to answer all your burning questions about renewals this year.

Let's face it, benefits renewals are a tough nut to crack. Dealing with rising costs, employee needs, recruiting expectations, and the watchful eyes of the C-Suite can make your head spin.

And with good reason — the stats show that this season is predicted to bring an average rise in medical plan costs per employee of 5.6 percent*. Despite this, 2/3 of employers are planning to enhance their health and benefits offerings in 2023 to improve attraction and retention or better meet employee needs**.

But fear not, because we've got your back. We’ve tapped Dawn Sharifan, HR bada**, former SVP of People for Slack, and Nava Advisor. Dawn Sharifan is joining Brandon Weber, CEO and Co-Founder of Nava Benefits to answer the HR community’s top questions about renewals, share in a laugh about mistakes and mishaps, and remind us all of the incredible impact you have in your roles in HR.

Some examples of what we’re covering:

My team is leaner this year heading into renewals, any tips to be ultra effective with my time?
I got a super high renewal from my carrier…now what?
Any tips for presenting the renewal to c-suite?
What are best practices for pitching/requesting for more budget from finance?
What’s your favorite part of renewals/OE? Where is the joy?

We can’t wait to see you!

Consider Your Benefits Renewals Questions Answered

The majority of companies in the U.S. are overpaying for their health insurance. Much of that is due to the companies themselves selecting a suboptimal strategy for paying for benefits.

You may have heard of self-funding, but many don’t realize there’s an entire range of options between being fully-insured and the other end of the spectrum. But sorting through all the options is nothing short of confusing and if you combine that with the heavy jargon of the insurance industry it becomes a daunting task to even understand the landscape.

Which is why Nava created the ultimate guide to benefits funding strategy. Here you’ll learn the foundation of all funding options, their pros and cons and a framework to determine what’s right for your company now and in the long term. Bryan Davis and Colleen Locke with Nava and Todd Bisping with Caterpillar Inc. will unpack all the details to make you into a funding pro.

What you’ll learn:
1. The landscape of funding options; spanning from fully insured to self insured and reference based pricing (including all the options in between).
2. The pros and cons to each strategy plus a clear framework for how to determine where your company fits.
3. Tactical steps to move your ideal funding plan into action

Beyond Traditional Funding: Innovative Approaches to Employee Benefits

There are some things you just know will go more smoothly if you have a plan. Traveling with family? Absolutely. Renovating a house? Yup, that too. Benefits strategy? Without a doubt.

This program can’t help with family travel or reno disasters, but it will certainly improve your benefits experience. In this session, you’ll learn more about how to create the best benefits roadmap for the coming year, starting with step one - the foundation of your strategy - gathering the data and context. 

This is broken into 3 components:
1. Aligning with leadership on strategy, goals, constraints
2. Analysis of what you have today
3. Pinpointing what your employees want 

Walking you through this will be experts Sara Richards, Director of Benefits at Red Bull & Ellen Meza, Vice President of Total Rewards & People Operations at Crunchyroll and formerly DocuSign.

Designing Your Benefits Strategy: Session 1 Gathering the Data & Context

Amidst the Great Reshuffle, the stakes have never been higher to get benefits right.

More than half of your current employees are considering a new job, hiring is intensely competitive, the needs of employees have vastly shifted  in the last year alone, and HR is juggling more than ever before.

To add on to all that, the pressure on HR to get it right. So now, more than ever, HR operators need a full 360 degree view of what benefits are available, and which ones will move the needle for their employees. Just settling for what has been done in the past is no longer an option. 

Enter the RFP (Request for Proposal). It’s your best tool to vet the benefits chops of brokers and providers you’re considering. But even the smoothest RFP process is tedious and time-consuming.

It’s time for a new approach to RFPs. We’ve tapped Nava's CEO & Co-Founder, Brandon Weber, and Director of Talent and People Operations, Ilana Mauskopf, to walk us through their RFP best practices. They’ll unpack exactly how to build an RFP that sets you up for success, what mistakes to avoid, and what questions to ask to get answers that improve the lives of your employees while making your day-to-day easier. 

On top of all this you’ll get an RFP template to kick-start your process while minimizing lift.

You’ll walk away with:
1. A step-by-step guide to an effective benefits RFP process
2. Top tips and tricks of the Fortune 500 (plus mistakes to avoid)
3. Tactical advice on what questions to ask and what will move the needle for your employees
4. An plug and play RFP template that will save you time and make you look like an expert

An Insider’s Guide to Simplifying the Benefits RFP Process

Every year, Americans spend more on health care and get less for their money. Despite this, the industry makes record profits year over year — even through a pandemic. This is frustrating on a personal level, but also for employers and their employees. Each year HR is forced to make tough decisions, bring increased costs to their c-suite, and explain to their team why their out of pocket costs are going up. 

It’s confusing, frustrating, and unfair.

That’s why we’re sitting down with Marshall Allen, former ProPublica journalist, current investigative journalist for the federal government, and author of “Never Pay the First Bill”. Marshall has spent more than fifteen years investigating the health care industry, exposing the insidious ways the system preys on vulnerable Americans: price gouging, sloppy billing, fraud, insurance denials, unnecessary treatment, and more.

In this exclusive fireside chat for the Nava community, Marshall will be sharing his tactical tips to help HR leaders take back control of healthcare costs and empower their employees. 

You’ll learn:
- Why the status quo health plan may be hurting your employees (and how you can fix it)
- Tips that could save hundreds or even thousands of dollars for your employees and your company on each medical interaction
- Tools and resources for your company and employees to stand up to predatory and unfair practices in the US healthcare system

Healthcare cost secrets from an investigative journalist

Sometimes the hardest part of a plan is putting it into action. And getting it right is crucial, you’ve already put in the legwork to gather the data and context, build your proposal, and get leadership approval. We’re going to walk you through how to take your open enrollment launch plan from stressful to simple, and give you the tactics to ensure your implementation process is smooth, proactive and sets you up for success.

To tackle this, we’re bring back the experts:
Sara Richards, Director of Benefits at Red Bull &
Ellen Meza, VP of Total Rewards and People Operations at Crunchyroll (previously for DocuSign)

Here’s what they’ll cover:
1. How to finalize your new contracts: including tips on pricing, design and negotiation
2. Tactical advice to set your internal teams up for success
3. Creative comms best practices to reduce friction, increase engagement and ensure you get the ROI on your programs

Designing Your Benefits Strategy: Session 3 Putting Your Plan Into Action

In today's fast-paced and unpredictable economy, it is mission crucial for businesses to stay ahead of the game and adapt their benefits strategies accordingly. But success is no accident, you need a solid action plan. That action plan comes in the form of your proposal - the outline you present to leadership and guide to your project plan.

However, creating a proposal that addresses the current challenges can be overwhelming and daunting for even the most experienced HR professionals.

In this session we’ve tapped two HR experts to help us break down their recipe for proposal success:
Sara Richards, Director of Benefits at Red Bull &
Ellen Meza, VP of Total Rewards and People Operations at Crunchyroll (previously for DocuSign)
Here’s what they’ll cover:
1. How to create your master list of benefits options with prioritization backed by data
2. Tactical advice based on your company’s growth status in the recession (cutting, holding or growing during the recession)
3. How to expectation set with your leadership team to set the approval process up for success
4. How to navigate the emotional side of benefits decision making, including the anxiety of making the wrong decision or not addressing enough of your population

Designing Your Benefits Strategy: Session 2 Building the Perfect Proposal

Amazon is a force. Known for their agility, creativity, and efficiency, they lead the market. 

All of these qualities carry over into their approach to benefits as their incredibly diverse and large (second largest in the US) employee population grows and evolves with an agile approach that continues to drive a competitive advantage.  

Leading this difficult but exciting task is Dene Sparrman, Amazon’s Director of Global Benefits. Dene will be giving the Nava community her playbook for how one of America’s most innovative companies approaches benefits and how small to midsize companies can leverage some of these tactics in their own organizations to save time and money.

We’ll be covering: 
- How Amazon’s benefits philosophy has changed over the years, and how it’s evolved throughout the pandemic.
- The Amazon way of building a benefits roadmap and a breakdown of what is worth your time and what to skip
- How to build a benefits team that functions with the ethos of constant innovation
- How to address perks (or point solution) fatigue and find the right benefits vendors
- How to build a framework for approaching effective comms

It’s Time To Prime Your Benefits with Amazon’s Director of Global Benefits

Benefits

Human Resources

HR Metrics

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Modern human resources professionals are charged with not only the recruitment of talent, but also retention, satisfaction and management. They also support the training, assessment and compensation aspects of employee management. Join this community to connect with thought leaders and learn about trends in benefits, compensation and talent management. Stay ahead of the curve to attract and retain top talent and strengthen organizational leadership and culture.

HR Strategy

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It’s Time To Prime Your Benefits with Amazon’s Director of Global Benefits

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