Stewardship Is Not A Commodity With Steve Watson

Raising The Bar with Allison De Paoli

In this episode of Raising The Bar Podcast, Allison talks with Steve Watson.

Not many people in the world understand how to control a benefits plan, let alone bring together all the relevant stakeholders. Steve Watson is one of them. CFO, CHRO, and friend, I knew Steve was just the guest for our podcast at this time.

I know, I know… Plan decisions have been made and everything is being implemented now – so the timing is PERFECT! In my experience, employers don’t often take the time to explain healthcare economics to their employees. No doubt many don’t understand it themselves, thanks to our industry hiding those economics for so long – but that’s a discussion for another day.

Nevertheless, if you can design a plan that leverages all the industry's dirty little healthcare secrets to your advantage, you can create an incredible recruitment and retention tool, rather than the morass of a plan you have right now. And Steve will give you the exact prescription to do it!

Are you ready to Raise the Bar? Make sure to take away the notes!

Conversation Highlights:

[01:28] How to identify the actual problems of healthcare costs?

[05:35] How does Steve approach the problem of employees?

• Many employers look at the healthcare budget as a commodity.

[08:16] How Steve portrays stewardship among his colleagues?

[11:19] What is the Employee Benefits Academy?

[15:03] What are the responsibilities of an employer?

[17:49] What conversation to have with stakeholders?

• HR and finance relations are very important in any company.

[23:39] There should be a frank conversation with employees.

[24:15] Why is Steve trying to help a thousand employees?

[24:45] What are the Three steps to solve any problem?

Memorable Quotes:

“Better relationship between HR and finance is the solution to many problems."

"Your premium is their revenue."

"Do everything you can, but it should not impact your employee.”

Special Reminder:

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Connect with Allison:

YouTube: Altiqe

LinkedIn: Allison De Paoli

Website: https://altiqe.com

Please email her at [e-mail]

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