Benefits Administration Outsourcing
We Take Internal Benefits Administration Off Your Plate
Benefits can be complex, but with myHR Partner the internal administration of them doesn't have to be. From the internal tasks of enrollment to offboarding, we handle every facet, letting you focus on your business.
Benefits Administration Breakdown
Experience benefits without the burden. We manage all the internal details, ensuring everything is compliant, employees are taken care of, and everyone is happy. Here is a sample of the services we provide:
- Manage overall benefits administration: enrollments, terminations, life events.
- Manage 401(k) and other retirement plans.
- Administer COBRA.
- Generate concise, actionable reports.
- Assist employees with all benefits-related queries.
- Monitor current vendors and source new vendors, as needed.
- Craft employee benefits communications, from benefit summaries to benefit announcements.
- Ensure compliance with all benefit regulations.
- Implement new benefit programs.
- Stay on top of all the latest benefits trends.
- Handle open enrollment efficiently.
- Reconcile and thoroughly review invoices.
The world-class HR and the benefits package we’ve created with myHR Partner’s guidance has directly contributed to the strongest overall business results Liquid has seen in its nearly 30 years of business.
By partnering with myHR Partner, we've been able to focus on other components of our business and yet still provide best-in-class services to our employees.
Frequently Asked Questions
You’ve got questions. We’ve got answers.
-
Employee benefits administration is the process of managing the benefits offered to your employees. Whether the benefit is health insurance a wellness program, disability, or retirement plans, for example, benefits administration is the internal processes required to maintain and management it.
-
We're not a provider, but we can administer benefits for you by working directly with your existing benefits brokers. No matter how great your brokers are, there are still many internal tasks that must be done to support benefits administration. That's where we come in. And, if you think you need to change benefits providers, we can help you figure it all out and take that stressful task off your desk.
Jamie Kubasta