Most credit unions offer benefits to their employees. It helps you determine if your benefits are better than your competitors', equal to them or below. The secondary purpose of a benefit analysis is to gauge your costs. Benefits can play a huge role in retaining existing employees and recruiting the very best talent. The CEO, CFO and senior human resources executive should work together to define and refine the CU's objectives. After you examine your goals, the next step is to actually analyze your benefit program. Many organizations are not sure where to obtain a benefit benchmark. Some may contact their local agent; however they may not be able to get objective analysis in this way. The credit union's reward is multifold. Not only will you gain a deliberate plan about how you are spending a lot of money, you can also save money in some instances.