How Final Expense Benefits Transformed Employee Retention at MidTech Manufacturing
How Final Expense Benefits Transformed Employee Retention at MidTech Manufacturing Sarah Martinez had been HR Director at MidTech Manufacturing for six years when she noticed something troubling. Exit interviews revealed a pattern she hadn't expected: employees weren't just leaving for better pay. They were leaving because they felt financially vulnerable, especially older workers who worried about burdening their families with end-of-life costs. That's when Amerus Insurance Group introduced her to a solution that would change everything about their benefits package. The Problem: When Traditional Benefits Aren't Enough MidTech Manufacturing employed 340 people across two facilities, with an average employee age of 48. Sarah's challenge was twofold: their workforce was aging, and turnover had increased, an issue potentially impacting long-term productivity and institutional knowledge [1] . Traditional group life insurance provided basic coverage, but it often d...