Building your Dream Team with Employee Benefits from the AVMA Trust (ILVMA)

 

    
Are You Doing All You Can to Attract the Right Talent?

The COVID-19 pandemic ignited a powder keg in the labor market. This phenomenon, known as the "Great Resignation," saw a record-breaking 47 million people quit their jobs. Veterinary practices from coast to coast have felt the squeeze along with many other industries and professions. According to a 2021 VHMA management survey, 91% of responding practices were actively seeking to hire, and 37% said that they experienced higher turnover in 2020 than in previous years.

Practice managers have taken notice, and a growing number of clinics have or are planning to expand their employee benefits offerings to help attract and retain talent. The AVMA Trust, the leading insurer of veterinarians in the United States, has launched a series of employee benefits programs to help its members stay competitive in a tight labor market while improving the lives of their employees. 


Practice Healthcare Solutions

Offering a robust group healthcare solution shows employees you care about their wellbeing and is an effective way to attract and retain them. Through AVMA Trust Practice Healthcare Solutions, the Trust works directly with practice owners and managers to find the healthcare solution that is best suited to the needs of their practice and team. The Trust does the legwork so you can get back to doing what you do best: caring for patients. 

Learn more about Practice Healthcare Solutions


Association Retirement Plan  

Offering access to a retirement plan as part of an employee compensation package can help build a stronger practice–and allow you and your employees pursue financial peace of mind. The AVMA Trust—in partnership with Transamerica, TAG Resources, and Envestnet—is sponsoring a 401(K) multiple employer plan (MEP) designed specifically for veterinarians and veterinary practices.

Learn more about the Association Retirement Plan 


Small-Group Employee Benefits 

As a practice owner, you have many responsibilities: caring for your patients, running a successful business, and ensuring the safety and wellbeing of your team members. Now, you can help give those team members additional peace of mind by providing them with a variety of group insurance products and value-added services through the AVMA Trust’s partnership with The Hartford. The program includes life insurance, short- and long-term disability, accidental death and dismemberment, and more. Practices that adopt coverage through the program also have access to an employee assistance program at no additional charge. 



Employee benefits may be the offering you're missing to create your dream team! Not sure which program is a good fit for your practice? Contact the AVMA Trust for a free consultation.