How does COBRA work? We asked singer-songwriter Lisa Loeb to remind our clients to please update their plan selections - ... With open enrollment likely to be virtual this year, we invited one of our partners, Picwell, to share their wisdom on benefits decision support. The annual limit on HSA contributions will be $3,600 for self-only and $7,200 for family coverage. Centralized digital document management is a bedrock feature of all good HR software. With benefits enrollment software, the administrator can create as many versions of the new hire packet as necessary. Our affiliate compensation allows us to maintain an ad-free website and provide a free service to our readers. BambooHR offers employee recognition programs, learning and development, and performance management as add-ons. Plus, benefits are ACA and COBRA compliant. Pricing Information. Building workflows and preparing for open enrollment is now quick and simple. Mobile Benefits Access. By signing up I agree to the Terms of Use. In the survey of more than 300 employees, 88% say a good benefits package contributes to their overall job satisfaction.3, Not yet sold on the value of a benefits package? To meet your organization's HR and Benefits needs, BenefitWerks' software solutions can be purchased as a comprehensive HR/Benefits toolbox or a la carte. So, you’ve made it through another year. For the most accurate information, please ask your customer service representative. All information is subject to change. A generous benefits package and an intuitive software platform to manage it help lure great talent for companies. Easy Benefits Setup and Administration. 1. The benefits enrollment audit trail makes it easy to track user activity, so you can see how many worksite employees completed enrollment and how far along individual users are in the enrollment process. Help employers select the right benefits strategy for their business and understand how different plans will impact their business; Cut out the manual time spent creating enrollment books with an automated booklet builder that generates enrollment guides, content and legal notices With PrismHR Benefits Enrollment software, you can build forms and workflows, test and validate enrollment process, and even troubleshoot backend logic without any coding or … Highly secure self-service features empower employees to keep their personal data up-to-date, access policies, confirm eligibility, and make benefits elections or file expenses at their own convenience. When a real person finally comes on the line, the rep tells him that your company’s account manager isn’t in today. When the new hire calls the number, he is put in a phone queue for fifteen minutes. Our solution is flexible, scalable and can handle even the most complex plans. Ultimate Software is a single-source provider of strategic, end-to-end HR, payroll, and talent management functionality, including HR, talent management, payroll, benefits administration, tax management, legislative compliance, and a business/employee portal with employee self-service, manager self-service, employee administration, benefits enrollment, and more. Benefits and wages also account for the biggest chunk of operating expenses. The new hire quickly turns in the easy stuff–tax forms and the direct deposit signup. Suite 200 Now the information is nicely consolidated in the onboarding portal. We offer technology licensing solutions for brokers, re-sellers and independent software vendors who have the resources to configure, implement and support their end-user clients. Delivering Business Advice Directly to You. Increase accuracy of employee data with automated processes. You refer the new hire to an outside company that handles company benefits. Employees view side-by-side plan comparisons with coverage details and the cost per-pay-period during benefits enrollment. Employee benefits enrollment management software automates and streamlines onboarding, open enrollment, and employee benefits changes. A rep responded that due to the complexity of the product, specific details are needed to provide a customized quote. We navigate the ins and outs of local laws for you, help you procure the benefits, or audit your current plan and advise you on compliance risk. If you’d rather use your own broker, you can add benefits administration to any plan for $5 per month per employee. One of our favorite Gusto features is their one-month free trial offer: you can fully engage with the platform before making any commitments. Workday Human Capital Management (HCM) is an HR platform with workforce planning, recruiting, and talent management capabilities. Her work has been featured on G2's Learning Hub, Human Resources Today, CloserIQ, Better Buys and over 500 business websites. For more information about benefits enrollment or other HR processes, visit SwipeClock WorkforceHUB. Deploy our benefits enrollment software for your entire book of business — whether a group has 250 or 50,000 benefits eligible employees — it doesn't matter! A unique login allows employees to discuss benefit options at home with their dependents. To get compensation and performance management, you’ll want the Growth plan, which costs $14 per month per employee, or try the Zen plan for $21 per month per employee if you’d like built-in well-being assessments. by Liz Strikwerda | Oct 27, 2020 | Benefits enrollment, HR Management, Does your HR toolkit contain employee benefits enrollment software? They can log in 24/7 to view important benefit details like plan summaries and policy numbers. BambooHR, an online human resources information system (HRIS), is our choice for small businesses that need a powerful benefit tracking tool. Early employee engagement drives employee loyalty, which reduces turnover. You both wonder why benefits management has to be this clunky. You can offer your employees health plans, FSA accounts, 401(k) plans, commuter benefits, and more. Mihi ensures automatic compliance by pre-configuring the statutory and non-statutory requirements based on your specific situation. A benefits management solution is most effective when it is a component of a digital onboarding process. Find and compare top Benefits Administration software on Capterra, with our free and interactive tool. With benefits enrollment software from Workday, your people can enroll, make changes, and view their elections on desktop and mobile alike. These may include necessary documents for the following benefits: The administrator can personalize the digital new hire packet for the job position. Employee benefits enrollment management software automates and streamlines onboarding, open enrollment, and employee benefits changes.