Restructuring to ensure the company's economic viability
The health insurance market is undergoing far-reaching changes that are upsetting the economic equilibrium of the players involved: tighter regulations, greater emphasis on group contracts, shrinking margins year after year, transfer of health insurance costs, generalization of social protection for civil servants... These developments have had a direct impact on our customer.
Mission objective: design and manage a turnaround plan aimed at reducing costs, adapting the organization to new market conditions and restoring a stable and sustainable financial trajectory.
Support in place
We supported our customer throughout the entire process of structuring and deploying the Employment Safeguard Plan (PSE).
Diagnosis of the company's market and economic situation, identification of functions essential to the company's continued activity and development, structuring of job categories, establishment of key measures to limit forced departures (voluntary departure plan, internal mobility, etc.), compensatory measures, etc.
Support in defining the strategy for dialogue with IRP and union representatives: adapted social agenda, drafting of information-consultation files, monitoring of negotiations, etc.
Creation of communication materials for staff, structuring of the action plan to combat psycho-social risks (Book 4 of the PES), monitoring of PES implementation, support for COMEX members and managers, links with legal advisors to secure all phases of the project.
The results
And tomorrow?
In a context marked by the effects of COVID, international crises and strong economic uncertainty, Eurogroup Consulting supports its customers in their strategic thinking to adapt their organizations to market realities and prospects, while taking care to protect employees.
