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How Propeller Achieved Scalable, Better Benefits
Propeller Health, recognized as one of the world's Most Innovative Companies by Fast Company, found itself in a hypergrowth situation. With 80 employees and a forecast to double its headcount in the next year, they knew they needed a plan to get ahead of a steep curve. To complicate matters, Propeller was also facing a high health plan renewal.
They needed a sustainable strategy—and fast. Propeller sought to:
- Benchmark their benefits and ensure they were offering an enticing benefits package to attract and retain skilled talent,
- Find a scalable solution to support rapid growth, and
- Seamlessly transition off the legacy enrollment system they’d outgrown.
Lumity’s benefits consultants partnered with Propeller’s Head of People Operations to support their next leg of growth. Together, they mapped out a migration path onto Lumity’s platform and services. Processes were put in place to ensure Lumity’s account management, payroll support, and benefits strategy teams aligned with Propeller’s existing workflow and integrated with their payroll system.
Lumity’s implementation team handled the heavy lifting and data migration; and, Lumity’s benefits consultants leveraged their benchmarking analysis to tackle Propeller’s high renewal and right-size it back to trend.
Propeller gained better benefits administration, a partner with deep expertise, and concierge support for their employees. In short order, a strategic benefits program was put in place that was designed to scale competitively and support rapid growth.
The Lumity team goes above and beyond in their renewal strategy and client-first service mentality. Both our People team and tech-savvy employees value Lumity’s integrated platform and concierge service. They have been a true partner in helping us administer our benefits and support our people so that we can focus on other core strategic areas of employee experience.
May 17, 2018|