Solutions for midsize employers: Manufacturing industry programs
Manufacturing success
Partnering with over 300 manufacturers, we know you are facing unique people and risk challenges:
- 2.6M Baby Boomers will retire from manufacturing jobs in the next decade
- Only 29% of manufacturing jobs are filled by women
- Lack of geographic diversity with supply chain
We’re ready to put our experience to work for you. Over 500 manufacturers participated in our National Survey of Employer-Sponsored Health Plans – the largest, most comprehensive source of benefit data looking at employers’ strategies for managing cost and supporting employees.
Our expertise and depth of data allows our manufacturing consultants to build solutions that meet your unique business needs and provide guidance on a long-term strategic plan based on industry trends, benchmarking and most importantly your business and people strategy. Strategies can include many levers, including Health Cost Management; Diversity, Equity, and Inclusion Analysis and Planning; Business Impact Modeling; Employee Engagement Strategies.
Sample survey insights:
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Manufacturers report that total health benefit costs per employee is trending up
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In 2021, focused action to manage specialty drug cost ranked the highest in terms of importance over the next 3-5 years for large manufacturers
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Average per-employee cost of employer-sponsored health insurance for large manufacturers (500+ employees rose) 4.4% in 2021, the highest annual increase since 2017
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Average per-employee cost of employer-sponsored health insurance for manufacturers 50 to 499 employees rose 5.2% in 2021, the highest annual increase since 2017
Our Mercer team has consistently and proactively guided our company through the ever-changing and challenging benefit landscape. They have taken the time to evaluate our culture to ensure all recommendations are aligned with company’s overall business strategy. The Mercer team continues to share honest and factual feedback, provide our team numerous educational opportunities, and are instrumental in keeping our overall benefit strategy competitive. Their quick responsiveness to all questions and requests has been exemplary and they have become trusted partners.
