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Group Benefit Services CBFS Group Benefits provide a portfolio of insurance products to employers, associations, and affinity groups that offer protection to employees, members, and affiliates. Offerings are analyzed, matched and dovetailed in order to provide you with strategies to contain or reduce costs and increase the effectiveness of your program! Products include the following:
Management Consulting Services Total Compensation and Rewards Management Attracting, retaining and motivating quality employees requires a total compensation approach which encompasses base pay, incentive and performance management. Each of these components have a specific purpose in the overall strategy to deliver the right level of rewards to employees. The CBFS approach to base pay utilizes a time-tested methodology that integrates organizational values, internal job relationships and the external market to establish equitable and competitive reward levels.
Effective retention and motivation of executive level managers may require the use of incentives to ensure continued performance for the organization. Customized packages are designed to include: non-cash entitlements; perquisites, expanded health and welfare benefits; and cash incentives. To maximize the retention potential of these plans, payouts can be structured over several years and/or tied to long term performance. We work with you to develop incentive plans that not only motivate but deliver value to your organization.
Executive Coaching allows you to optimize the management skill sets of the key managers in your organization. CBFS consultants work with candidates, peers and subordinates to identify key strengths and critical competencies that can be honed for maximized performance. Discover the keys to unlock the hidden potential that is untapped in your executives.
Organizations with competency-based development programs appear to financially outperform those without such programs. Competencies drive performance and provide the foundation for employee success and continued career development. CBFS consultants customize programs to reflect your business strategy and drive attention to your performance requirements. Performance automation tools streamline the process and exponentially improve supervisory productivity. The result is a transformation of employee performance appraisals into a performance enhancing system.
Do you look at you workforce and see a significant portion of your staff retiring in the near future? Do you worry how you are going to bridge the gap when all of that knowledge and expertise starts focusing on the grandchildren rather than managing your system? KCM is an exciting business-driven approach to succession management. It prepares your organization for the future by dovetailing process engineering with current and future talent requirements and creating a competency ladder for success. The KCM “toolbox” includes the following:
Strategic Planning Facilitation Your
organization runs well, but does the way you do business support
the challenges you will face in future? A formal strategic planning process focuses your organization on long-term viability. Strategic planning is creating a vision of the future and managing toward that outcome. It's operating under a mission statement umbrella that focuses the organization's effort. It's an effective process for aligning your short-term decisions with your long-term goals. Strategic planning answers the three big questions:
Our consultants work with you and your board to develop a comprehensive strategic plan. Through facilitated sessions we help you develop the strategies that will take your organization into the future with solutions specifically tailored to your organization. Organizational Efficiency Assessment (OEA) As a manager you must keep your focus on the high level management of the organization. You know some things can be improved, but you just don't have the time to investigate them. An Organizational Efficiency Assessment (OEA) serves as a strategic diagnostic tool that provides an in-depth analysis of organizational structure, staffing levels, business processes and resulting levels of efficiency and service. Our OEA technique features a rapid-result, multi-disciplinary team to examine your organizational processes, procedures, policies, and resource deployment. The study reviews critical functional areas of your utility such as engineering, line operations, member services, finance, administration, customer service, information technology and other mission critical functions. Utilizing our knowledge of best practices, and practical solutions learned through working with hundreds of organizations like yours we develop practical solutions and recommendations that will increase efficiency, reduce costs, and position you to better serve your customers. Interim Management Services Are you concerned about an upcoming vacancy in your Senior Management ranks? CBFS Consultants are skilled at providing interim management of your most critical functions (from System Operations and Engineering to Customer Service and Finance) ranging from middle management to the Chief Executive Officer level. Let us design a custom management solution to make your organizational transition smooth. Financial Services Is your financial house in order? The CBFS Financial Services Team provides a wide range of analytical and strategic services to include the following:
Learning Programs Training and development is crucial to maintain and grow the knowledgebase level of your organization. Our employee learning programs target specific competencies and encourage personal growth and development of your critical human resources. Some of our offerings include the following:
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