Here's what's happening at Trion in the evolving world of our business, clients and people.
Company News and Press Releases
Employers Expanding Leave Programs, but Missing Opportunity by Not Measuring Outcomes: Trion Survey
King of Prussia, Pa., June 27, 2011 - Employers are responding to the growing needs of their employee populations by establishing new and enhanced leave programs, but many still do not measure their programs' effectiveness, according to a new study from Trion, a Marsh & McLennan Agency LLC, company.
According to Trion's 2011 Leaves of Absence Survey, which surveyed 118 employers with between 5,000 and 300,000 employees, only 51.5 percent of the respondents said they measure the results of their outsourced Family Medical Leave Act (FMLA) policies.
Without effective measurement, employers cannot know whether policy design and administration are driving optimal outcomes, and are unlikely to be collecting valuable data that might help them curb employee absences and overlapping health care costs.
"For years, employers have talked about the importance of creating and using metrics to measure the effectiveness of their FMLA and other leave policies, and yet there is still inertia in the employer community," said Kimberly Stattner, a senior consultant with Trion and author of the survey. "Without knowing how their leaves of absence programs are performing, employers miss an important opportunity to better understand what's occurring across their populations and to implement programs and/or policy design changes to minimize lost-time episodes.
"On a positive note, employers appear to be responding to the needs of their workforce by implementing new policies, such as paid paternity leave, and expanding other programs to include employees who may not qualify for FMLA or alternative short-term disability (STD) programs," Ms. Stattner said.
According to the survey, 48 percent of respondents offer paternity leave and 73 percent of those employers provide full pay for the entire duration of leave.
When it comes to expanding leave programs, 26 percent of respondents said they have enhanced their FMLA policies to include employees who would otherwise not be eligible. Of those employers, 45 percent said they specifically expanded FMLA coverage to employees in locations with less than 50 employees. Others reported reducing the hours required for eligibility, extending coverage to more than 12 weeks, and expanding family-member definitions to include, among others, domestic partners.
Copies of Trion's 2011 Leaves of Absence Survey are available only to participating employers and companies that commit to participating in future survey updates. For further information please contact Chantelle Grant at 914-925-3547.
Trion™ Is in the News!
With a Flexible Spending Account (FSA), you can do both - save money and receive the healthcare items, supplies, doctors’ visits and tests you and your family need.
April 2009 - Like you, Trion realizes the importance of saving money during these difficult economic times. Also like you, we know how important it is to make sure we keep our family and ourselves healthy by keeping not only our prescriptions filled, but our pockets and medicine cabinets as well.
Want to know more about why you and your employees should have a Flexible Spending Account? Please visit the Business/Human Resources section of the online magazine Ezine@rticles. Here, you will read “Why Everyone Should Have a Flexible Spending Account,"Â an article written by Frank Dallago, Trion's Director of Shared Services.
For more information regarding Trion’s FSA services, please contact Frank directly at fdallago@trion.com or 610. 945.1050.
Ask the Experts: How Difficult Will COBRA Compliance Be?
March 2009 - In the wake of the new COBRA regulations set forth by the American Recovery and Reinvestment Act of 2009, employers are bracing themselves for an avalanche of compliance-related processes and paperwork. Tight timelines, already compounded by lean HR staffs and other bandwidth concerns, are causing besieged employers to ask: how difficult is this going to be?
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Trion™ Selects Rob Popolizio to Lead Benefits Administration Division
February 2008 - In his new position, Popolizio will oversee all facets of the division’s management, including full profit and loss (P&L) responsibility, product direction, client management, staff management and support integration of outsourcing services across all product lines.
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Trion™ Continues Southeast Expansion with New Charlotte Office
February 2008 - Trion has opened a new office in Charlotte, N.C. This latest office opening closely follows Trion’s acquisition of Greensboro-based Benefits Group, bringing the number of Trion’s offices in the Southeast to three and its total number of nationwide offices to 12.
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Trion™ Appoints Collins and Sack to Chicago Office
Trion has added Kevin Collins and Steve Sack to its growing team of professionals in the company’s Chicago office.
December 2007 - As central client leader, Collins will serve Trion's clients by providing benefits programs that maximize productivity, control costs and meet the needs of the large employer marketplace. Sack, who has been named central practice leader, will manage and direct the central region’s consulting strategy, ensuring that best practices are shared throughout the region. Sack will also manage Trion’s local relationships within the central region’s vendor community.
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Trion™ Acquires Benefits Group, Inc.
November 2007 -Employee benefits consulting and administration leader Trion has acquired Benefits Group Inc., a privately held insurance consulting company based in Greensboro, North Carolina which was founded by 30-year industry veteran, Mary Bernard Magrinat.
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Trion™ Names Frank Dallago as Director of Shared Services
September 2007 - Employee benefits consulting and administration leader Trion announces that Frank Dallago has joined its growing management team as director of shared services.
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Trion™, Employee Benefits Consulting and Benefits Administration Leader, has announced plans to open a new office in Mount Laurel, N.J.
August 2007 - Trion opened a new officein Mount Laurel, NJ, allowing Trion to grow its voluntary benefits and benefits administration practices, and will enable the company to more efficiently serve its growing customer base. This latest expansion brings the total number of Trion offices to nine nationally.
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Trion™, Employee Benefits Consulting and Outsourcing Leader, has Acquired Wink Benefits & Communications, a privately held insurance consulting company based in Greensboro, North Carolina.
April 2007 - Founded in 1995 by Jay Wink III, Wink Benefits & Communications specializes in voluntary benefits. The office sold approximately $2 million in premiums last year.
"We're excited about expanding Trion's presence in the Carolinas and to be part of the Greensboro community," said Ed Garno III, a principal at Trion. "This acquisition furthers our commitment to growing our company's voluntary benefits practice, and Jay's knowledge and experience will be most welcomed."
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Trion™ Selects Benefits Consultant Marie J. Killian to Lead its Integrated Health and Productivity Management Practice
March 2007- Employee benefits consulting and outsourcing leader Trion™ recently appointed Marie J. Killian to direct its Integrated Health and Productivity Management practice. Killian, a licensed attorney, brings more than 20 years of experience to her senior management role where she will develop strategies and solutions for Trion clients in the areas of health, absence, disability and organizational productivity.
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Trion™ Adds Veteran Leadership to its Management Team
Rob Shestack brings 20 years experience to Voluntary Benefits Practice
January 2007 - Trio n™, one of the nation's largest privately-held employee benefits firm, recently introduced Robert S. Shestack, CES, as the newest member of its senior management team. As National Practice Leader - Voluntary Benefits, Shestack will direct all activity related to voluntary benefits for Trion clients. This includes product development, carrier relations, strategic innovation, and client communication and enrollment.
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