Truck Parts and Service

November 2016

Truck Parts and Service | Heavy Duty Trucking, Aftermarket, Service Info

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19 Kocan says Four Star Freightliner now buys gap insurance that helps cover em- ployees' deductibles and offers a fl exible spending account that allows employees to put money in to offset out-of-pocket costs. "The No. 1 complaint that we get relates to the extra out-of-pocket costs," he says. "That's where we have made the most changes in trying to help our employees cut down on those. That's a real issue and we want to take that pressure off our employees. They are hard-working, good people and I want to help any way that I can." Fyda Freightliner President and CEO Tim Fyda agrees. "Comprehensive and extensive health care coverage for our associates has al- ways been a priority for us. We feel that it is a differentiator in fi nding and keeping the best employees," he says. "We want our people focusing on their job and not how to pay health care bills. Many aspects of ObamaCare will make this a challenge in the future, such as the 'Cadillac tax' and incredibly excessive administrative costs. I am very concerned that small businesses can bear this cost burden in the long run." But, good health care plans are also an attractive recruiting tool for most businesses. "We do mandatory open enrollment meetings every year where we review all of our benefi t levels and how they com- pare with industry averages. Our benefi ts continue to be more extensive and cost our employees less than industry aver- ages," DePaola says. "We also spend a lot of time in our meetings going over our wellness pro- grams. We need our employees to make good personal choices to do everything they can to reduce their personal risks and help contain health care costs." Kocan partially attributes Four Star's low-employee turnover to his ability to provide an extensive health care plan. "We put a high emphasis on good pay and good benefi ts," he says. "I want to keep our employees for life. Taking care of them and their families make them want to work for us, so it is imperative that they know we care about them and will do all we can to take care of them." W W W . T R U C K P A R T S A N D S E R V I C E . C O M N o v e m b e r 2 0 1 6 | T R U C K P A R T S & S E R V I C E See how you can handle specialty assemblies www.hunter.com/tps Untitled-8 1 10/6/16 9:33 AM Cover Story

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