Perk Up Your Employee Benefits Management
The world of employee benefits management — all the options available and pieces to manage — can be overwhelming. Let us simplify it for you. Plan and administer competitive benefits packages in one place while offering a smooth, mobile-friendly experience for employees, too, with our Employee Benefits Management tool. Employees can access benefits info on the go, and you can easily connect benefits with HR and Payroll to reduce costs and minimize risk.
Employee Benefits Management Capabilities
Benefits Made to Order
Administer third-party benefit services like FSAs, HSAs, TMAs, and COBRA with ease, and supplement your standard plans with complementary programs, giving your employees the benefits options they need.
Pain-Free Management
Our user-friendly Employee Benefits Management platform makes enrollment easy and helps employees see the value of the plans you offer. Give them the power to manage their own elections, and run reports to see the most popular benefits, contribution amounts, and more.
Employee Benefits Management Overview
Customized Tools
Add your company's enrollment rules, manage benefit offerings for different employee groups, customize user plan limits, view employee vs. employer cost-share, plan documentation, plan-specific messaging, and more.
A Consumer Experience
Let employees manage their own elections in Employee Self Service or the mobile app so they can get to know their healthcare packages better, helping them be more educated about their benefits.
Your Benefits Upgraded
Stand out to candidates in a hot job market. Offer competitive third-party benefit options such as mobile enrollment, convenient access to plan information, identification credentials, and in-app notifications.
Frequently Asked Questions
Benefits administration software is a software solution designed to automate benefits administration. These software solutions typically have features for enrollment, premium calculation, deductions, and payments to benefits providers.
A payroll and benefits administrator applies compensation and benefits policies in an organization. They may calculate wages, process payroll, deduct benefits, lead open enrollment, and submit benefits applications.
To administer employee benefits, you must choose which benefits to offer, educate employees, hold open enrollment, deduction premiums, and pay benefits providers each month.
The four major types of employee benefits are medical insurance, life insurance, retirement plans, and disability insurance. Most other benefits fall under one of these categories.
Fringe benefits are perks you provide to your employees outside of salary. Some common examples include tuition reimbursement, life insurance, disability insurance, meals and snacks, free subscriptions, and more.
capabilities
Data Insights
Monitor key metrics, identify trends and make smarter, data-backed decisions with visual dashboards.
Mobile
Get the most out of your workday with the freedom to connect to Paylocity anywhere, at any time.
Integrations
Have the flexibility to choose the software and systems that are best for your business and talk to each other.