The True Cost of Executive Turnover

What’s the actual cost of executive turnover? When you factor in the soft costs, it can be a staggering amount…somewhere between 200% and 300% of an executive’s salary.

The true cost of executive turnover is why employers of all sizes are turning to unique supplemental health insurance plans, like Ultimate Health®, to boost their executive compensation package.

Advantages include:

• Coverage for every day, routine and unexpected out-of-pocket healthcare expenses to help them return to “100% coverage” levels.
• A tax-efficient benefit that’s more powerful than a comparable pay increase or one-time bonus.*
• Can be put in place at the start of any month, so there’s no need to wait until the primary health plan renews.
• Time-savers like specialty matching, elective Executive Physicals and emergency travel insurance. 

Access our HR cheat sheet and learn more about the true cost of talent loss and how to re-evaluate your executive compensation package with strategic benefit enhancements. 

*This is not local, state or federal tax advice as each person and company is unique. It is recommended that you seek the independent counsel of a professional tax adviser.

The Ultimate Health supplemental health insurance policy is underwritten by SiriusPoint America Insurance Company and Transamerica Life Insurance Company. Insurance plans and coverages vary by state. Please contact us to confirm state availability.

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