Avoid Layoffs and Encourage Targeted Retention with Tax-Advantaged Benefit Plans
As ESAs reckon with the impact of COVID-19, most will contemplate two seemingly incongruous challenges to varying degrees.
Many ESAs face budget shortfalls and are considering significant reductions to a broad range of core services and staff – a path to short-term savings that introduces potential higher costs in the long-term.
On the other hand, some agencies face employee retention hurdles in the wake of the pandemic. Signs among teachers already point to difficulty ahead, with 1 in 5 indicating an uncertain desire to return to their positions come Fall
With former school business officials on staff, PlanMember and MidAmerica fully understand the complex situation ESAs face in the wake of COVID-19. Our Workplace Savings Program is uniquely positioned help you and your employees
maximize the value of both voluntary separation and targeted retention initiatives.
From all of us at PlanMember and MidAmerica, thank you for all you do to take care of our communities. Stay safe!