Florida Banking June 2023

responsibilities, smaller companies may not have the luxury of having a designated Human Resources Specialist, much less an HR Director or department. Smaller companies may rely on outsourcing to ensure that they are maintaining the level of human resources management that is required to keep them compliant and hopefully competitive. However, outsourced services can be costly and may not provide services best for a specific employer, as it usually lumps everyone into the same benefits, payroll, rules, etc. Companies must take into consideration the exclusive nature of their industry, employees and specific needs to ensure they are getting the best bang for their buck. Solution Oriented Members of the Florida Bankers Association are one such specialized industry as an advocate to help members meet some of their Total Reward goals. FBHC is uniquely qualified to serve Florida’s Community Bank needs. Today’s benefit world continues to grow in cost, compliance and regulatory requirements. Working with local coalitions and major corporations, employers can prepare themselves for their future benefit needs. The Florida Bankers Health Consortium (FBHC) works with the most knowledgeable consultants and coalitions to do the work that it takes to ensure that the employers’ and employees’ best interests are being served. With

healthcare education, well-being initiatives and strong negotiation, the FBHC is a formidable ally. Garnering the strength of Florida community banks and their employees, the FBHC stands with organizations like the Florida Alliance for Healthcare Value and major U.S. corporations to fight for employers and their employees to ensure cost effective, quality benefits. By partnering with reputable vendors and trusted technology, FBHC provides a single location for employee benefit enrollment and competitive benefit packages for your employees. We help you manage your employee benefits efficiently and easily. Founded in 1962 as the Florida Bankers Insurance Trust (FBIT), our organization began as a not-for-profit serving the Florida Bankers Association (FBA). Today the FBHC offers a broad range of benefits and HR services to the Florida banking industry. You can rest assured that our team is fully committed to delivering the highest quality service to our clients (employers and employees), brokers, agents, and partners. We value and provide integrity, honesty, transparency, excellence, and mutual respect— because you, your Board Members, and your employees deserve nothing less. Carolee Richendollar is vice president/operations for SelectSource. She can be reached at 407-515-2452 or crichendollar@selectsourceone.com.

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