Most companies are including voluntary benefits as part of their benefits package. This trend increases each year. This helps to shift some of the responsibility for an employee's welfare back to the employee. Too often employees have come to the conclusion that either the government or their employer will take care of all their current and retirement needs. This process helps the employee rethink that issue.
We provide the employer with these valuable services:
- A thorough communication of the current benefit plan. This raises the level of appreciation for what the company has already invested on benefits, improving the company's return on that investment
- Through our laptop software, we enroll all core benefits on screen, if requested. This can dramatically improve the accuracy of the forms returned to the Human Resource department as well as update employee personnel files. By capturing all enrollment information electronically, we eliminate the need to re-key information.
- The system expands the benefit package at no additional cost to the employer.
- By providing more choices, we can help reduce the pressure to increase spending. By using "guarantee issue products" we can be sure that all employees get coverage that apply for it.
- Improve participation of both 401k and Flexible Spending Accounts through illustrations on screen. This becomes very important to the mid-sized business owner who may be unable to contribute to the level he/she would like, due to poor participation.
- Our system helps the employee understand the value the company places on them. This can impact retention of valuable employees which impacts net profitability.
The net result is a Win-Win experience for employer and employee. It helps form a partnership between the two groups that can help the employer manage the benefit and compensation package more efficiently. Simply stated, this program helps the employer give the employees what they want...CHOICES!