BayPoint Benefits Discusses Challenges and Solutions Associated with Employee Benefits in a Recession

SAN FRANCISCO, March 29 /PRNewswire/ -- BayPoint Benefits, a San Francisco-based Employee Benefits Consulting Firm, was featured on CNN Headline News and Fox Business News regarding their insights on how employee benefits impact employers and employees in an economic recession, link to story www.baypointbenefits.com. Brian Hassan and Justin Roberts, two Managing Directors at the Firm, offered their thoughts.

"Many employees consider workplace benefits to be the foundation of their personal safety net, and they have expressed greater interest in learning more about the benefits offered through their workplace as a result of the economic environment," states Brian Hassan, a Managing Director at BayPoint Benefits.  He continues, "While both employers and employees believe that benefits are a significant part of the decision to choose and stay with an employer, the types of benefits employees most value are perceived differently by the employees and the employer."

The Benefit Advisers at BayPoint all agree that that these days, companies have a greater focus on work-life balance, wellness, effective communications and individualization of benefits offerings. Despite mounting economic challenges, there is still a resilient spirit of innovation.  Benefits are not immune from economic considerations, but there is a healthy, growing interest in programs that drive employee engagement in personal responsibility.  

"There has also been a growing concern about controlling costs. Increasing productivity has become a top objective – perhaps because employers are faced with the realities of accomplishing more with fewer employees," comments Justin Roberts, a Managing Director with BayPoint Benefits.  "That places even greater importance on maximizing workforce productivity during these tough economic times."

About BayPoint Benefits

BayPoint Benefits provides innovative benefit and human resource solutions customized for each of their clients.  They specialize in structuring, implementing, and administering turnkey benefit and HR programs for companies in the US and abroad and are headquartered in San Francisco, California.

Media Contact: Melinda Engelman at [email protected]

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For further information please visit BayPoint Benefits' website at www.baypointbenefits.com.  This site offers valuable information with respect to risk management, benefit strategies, and human resource compliance.

SOURCE BayPoint Benefits