Principal Offers Free Benefits Benchmarking Tool

August 29, 2002 (PLANSPONSOR.com) - Plan sponsors can now compare their benefits programs against national averages with a free benefits benchmarking guide from Principal.

The Principal Best Practices Guide for Employee Financial Security is a compilation of best practices from The Principal 10 Best Companies for Employee Financial Security. 

Included in the Best Practices Guide are:

  • a benchmarking worksheet for companies to compare themselves to others across the nation and The Principal 10 Best Companies
  • a worksheet to account for the “hidden” costs of staffing – including hiring, replacing staff, and terminating staff
  • suggestions to help companies align their benefits programs with their employee base through a series of questions designed to establish the firm’s overall benefit philosophy

The guide also includes case studies of The Principal 10 Best Companies with examples of their best practices and a list of resources

The Principal Best Practices Guide is available at http://www.principal.com/theprincipal10best/bestpractices.pdf

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