Module 8 memo assignment

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Jaramogi Oginga Odinga University Of Science And Technology School *

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207

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Business

Date

Nov 24, 2024

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docx

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3

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1 Part 1: Email to affected employees TaKesha Chaney Southern New Hampshire University MBA-540-Org Strategy in Global Environment Instructor: Richard Holland June 6, 2023
2 To : All affected employees From : Director, Strategic Planning Subject: Change in benefits and its effects on affected employees Greetings, everyone; following the end of a ten-year contract between our company and the benefits provider we have worked with in the last decade, we are implementing changes in employee health coverage, which will take effect on January 1st of the new fiscal year. An annual audit of all company policies shows that the benefits provided by our previous provider have remained the same over the ten years and in some areas reduced despite increases in premiums and the company’s cost. Research by the benefits department established several complaints regarding the current provider’s cost, coverage, co-pays, and options from all of you. As a result, the benefits department has been reviewing several other providers over the last year to conduct due diligence. After a careful review of the multiple plans from different providers as well as extensive consultation with further stakeholders, a suitable program has been selected by the benefits team that will effectively serve you and the overall interests of the organization. All employees will enjoy several enhancements from the new program, including a healthcare savings account, an improved dental plan, plans with several deductible options, and a wellness program. The wellness program will allow employees to access a weight loss application, enjoy smoking cessation programs, access reimbursement for gym memberships, and incentives for activity logs and wellness visits because our company is committed to facilitating recreation to promote healthy work-life balance. Plans with several deductible options will ensure all your diverse needs are met as you can select the plan that you feel offers you the correct coverage at the right costs ensuring you remain productive and healthy. A healthcare savings account will help you set aside funds on a pre-tax basis, enabling you to pay for qualified medical expenses
3 and lowering your overall healthcare expenses. The improved dental plan will enable you to maintain good oral health, which is important in ensuring overall good health by eliminating dental-related problems. The company’s commitment to keeping all your smiles healthy will ensure you remain productive and help lower your medical expenses. The wellness program will help encourage healthy behaviors among yourselves, improve your health, and reduce healthcare costs and stress levels. The new program offers all employees several benefits, and I am enthusiastic about having it up and running. I hope each one of you will enjoy the new program and feel engaged in this decision. Feel free to contact the benefits department with any concerns, complaints, or questions. Thank you for your continued support and cooperation. Sincerely, TaKesha Chaney Director, Strategic Planning
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