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Employee Benefits

Posted by Benjamin Coakley on Thu, Apr 12, 2018 @ 08:25 AM





Which of the following would cost YOU more?
1. Losing a key employee or
2. Spending a bit more for attractive and competitive benefits



Our team has recently become  very concerned about the future of independently owned pharmacies. PBMs, mail order pharmacies and big box stores are stealing your patients at record rates. One of the main things pharmacies have left to defend themselves against this is customer service. This customer service is offered by the best group of employees any industry has to offer. Now we are seeing a trend where these groups are trying to lure your employees away. One way they are doing this is with generous benefit packages.


That is why we are focused more than ever on customizing world class benefits packages for pharmacies.


You don’t need to break the bank to offer attractive extras. Studies have shown that after health insurance, employees place the highest value on benefits that are relatively low-cost, such as:
• Flexible hours

• More paid vacation time
• 401(k)

• Work-from-home options.

When considering your options keep your employees in mind and focus on what they would  appreciate/need/use most, or ask them to fill out a survey to gauge their interest in a specific benefit.


Additionally, many experts recommend you provide employees with an annual benefits statement
spelling out what they’re getting and at what cost.


If you are interested in a BENEFITS EVALUATION, or need help finding what benefits would be best for you and your team contact WaypointRx today or visit to download our FREE EMPLOYEE BENEFITS TOOL.


Click Here to Get a Copy of the Employee Benefits SpectrumVisit The PharmacyHRx Benefits Page



Topics: pharmacy benefit program, employee benefits planning, community pharmacy benefit plan, Blog