Palisades Hospitality Group, a prominent hospitality management company, oversees a collection of restaurants and boutique hotels primarily located in California, with additional properties in Texas, Washington, and Utah.
With around 500 employees, they historically had offered a Kaiser Permanente group plan for their California employees, but they had to find another option for their out of state employees, given that Kaiser Permanente doesn’t serve their other geographies. They found a United Healthcare PPO plan for the small group of employees that work out of state. That’s when the trouble started. With low participation and high usage, the costs continued to climb.
When a 63% increase came, Terri Ann Gordon, the employment and benefits manager, knew that strategic decisions needed to made to mitigate these costs. After researching their options, Palisades Hospitality chose to leave their California employees on the Kaiser Permanente plan and place out of state employees on an ICHRA (individual coverage HRA) with Take Command.
Anyone in the hospitality industry knows the importance of health benefits for recruitment and retention, especially for management level employees. The ICHRA has allowed the company to continue to grow their footprint in multiple states with competitive, personalized benefits and address turnover head on.
Join Terri Ann along with Take Command’s Kyle Ennis for an in-depth webinar addressing the complexities of managing employee benefits and overcoming recruitment and retention challenges in the hospitality sector.
This webinar is essential for HR professionals, CFOs, and hotel and restaurant owners looking to navigate the intricacies of employee benefits in the hospitality industry. Learn from real-world experiences and gain practical insights into developing effective benefits strategies and improving employee retention in a challenging and evolving sector.
Specializing in breathing life into imaginative hospitality experiences, Palisades Hospitality also provides industry-tailored financial and consulting services that help partners grow and thrive. From initial concept strategy to executing the final details, our team of dedicated experts hold a shared passion for creating meaningful hospitality. Committed to deliberate design and crafting memorable experiences, each member of our tight-knit team is dedicated to providing guests with a sense of place and belonging. Rooted in the belief that every place has a story to tell, Palisades strives to curate community-led experiences that resonate deeply with locals and visitors alike.
Our unique concepts offer more than just a place to sleep or eat, but rather a space to gather, linger, and leave inspired.