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Case Study

Rental Car Company Puts the Brakes on Benefits Spend

Rental Car Company Puts the Brakes on Benefits Spend

Rental Car Company Puts the Brakes on Benefits Spend

Businessolver
Pages 4 Pages

A major rental car company operating in 160 countries with 24,000 employees faced severe financial strain during the pandemic, compounded by a 35% spike in life insurance costs. To control spending without cutting benefits, the company turned to Businessolver, whose Benefits Innovation Group and Pinnacle Partners crafted a strategy that bundled offerings, reduced renewal costs by $165,000, and secured $145,000 for technology needs. By expanding voluntary benefits while keeping employees on the familiar Benefitsolver platform, the company enhanced personalization, lowered premiums, and strengthened employee engagement despite global industry downturns.

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