ShareOne ReviewsCustomer story · CorpStrat - Corporate Strategies Inc
Streamlined Benefits Administration and Lower Annual Costs for Thrive Causemetics
Grace
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Individual results vary. This is one customer's first-hand account of their own experience, recorded on camera and published unedited. It is not medical advice, and nothing here is intended to diagnose, treat, cure, or prevent any condition. Talk to a qualified healthcare professional before making decisions about your health.
Grace Ru Chung of Thrive Causemetics partnered with CorpStrat to manage total rewards and leave of absence administration. By working with Sarena and Samantha, she secured employee benefit plans at a cost that was even better than the year prior, while providing the CEO with data-driven strategic options for annual enrollment.
At a glance
- Primary Use Case
- Total rewards and leave of absence administration
- Reported Result
- Benefit plan costs lower than the previous year
- Service Model
- High-touch partnership acting as an in-house team
“I really view them as... my team. As if they were in-house with me.”
“To really find the right plans for Thrive Causemetics at a cost that was even better than we had the year prior.”
“They help me with, like, larger strategic decisions to make, but also with the day-to-day administration.”
The interview
What is your role and what challenges did you face regarding benefits administration?
I'm Grace Ru Chung, the Vice President of People here at Thrive Causemetics. Coming from a larger company, I always had teams doing total rewards benefit administration. Dealing with leave of absences is something that is newer to me, and the benefit landscape is changing all the time. I'm not as in tune with all the different offerings and providers.
How has CorpStrat assisted you with employee leave of absences?
Samantha has been incredibly helpful in talking to employees directly, being a resource to them, and walking them through the steps. I really view them as my team, as if they were in-house with me because they're handling quite a few of the benefits.
In what ways does CorpStrat support your strategic decision-making process?
CorpStrat has really been helpful—specifically Sarena and Samantha. They are really streamlining it and providing me with all the information and data points that I need for my CEO to get approval on things and look at it holistically. They help me with larger strategic decisions but also with day-to-day administration.
How do you handle employee inquiries when you don't have the immediate answers?
If I don't have the answers, oftentimes I'll send employees straight to CorpStrat. They are very knowledgeable in their space and very hands-on.
What was the outcome of your most recent annual benefits enrollment?
We were coming up on our annual benefits enrollment, and naturally costs go up every year. I worked really closely with Sarena and Samantha to provide my CEO with options—a low, medium, high option with a couple of different benefit providers—to really find the right plans for Thrive Causemetics at a cost that was even better than we had the year prior.
Would you recommend CorpStrat to other professionals?
They are the best in the business. I've already sent a few referrals their way because they are very knowledgeable and they're the best partners out there.
Frequently asked
How does a small HR team manage complex leave of absence requirements?
Grace Ru Chung noted that coming from a large company to a smaller one made managing leaves of absence a new challenge. She relied on CorpStrat's Samantha to act as a direct resource for employees, walking them through every step of the process as if they were an in-house team.
Can an insurance broker help with strategic CEO-level reporting?
Yes, Grace Ru Chung utilized CorpStrat to provide the data points and holistic views needed for executive approval. They provided 'low, medium, high' options across different providers to help the CEO make informed strategic decisions during annual enrollment.
Is it possible to reduce employee benefit costs during annual renewal?
While costs typically rise annually, Grace Ru Chung worked closely with the CorpStrat team to find the right plans for Thrive Causemetics at a cost that was actually better than the year prior.
Full transcript
About CorpStrat - Corporate Strategies Inc
CorpStrat - Corporate Strategies Inc
Official site: www.CorpStrat.comCorpStrat provides simplified employee benefits and insurance solutions through a high-tech and high-touch approach. They serve businesses, HR departments, and professionals by combining innovative technology with expert human insight to manage complex insurance needs. For clients like Thrive Causemetics, CorpStrat transforms frustrating insurance processes into transparent programs that provide clarity and peace of mind.
- Industry
- Employee Benefits Solutions
Topics
- benefits administration
- cost reduction
- hr technology
- leave of absence
- strategic planning
- beauty industry
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How this story was recorded
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