Benefits Management/Administration
We stay on top of regulations and manage the HR administration for you.
Using an outside partner to manage benefits administration frees up your team. We are always working with you and for you. Benefits administration/management is often an add-on service with myHR DirectLink services.
We work with your current benefits carriers, brokers, agencies and/or financial consultants to handle all in-house tasks including but not limited to:
- Managing general benefits administration
- 401k /retirement plan support
- Setting up benefits for new employees
- Exiting departing employees/COBRA administration
- Running reports
- Communicating with employees regarding any benefits matters
- Monitoring the performance of your current benefits broker/agency
- Creating employee benefit communication materials (benefits summaries, announcements, etc.)
- Ensuring compliance with benefit regulations
- Implementing new benefit programs
- Open enrollment
- Invoice reconciliation/review
- Staying on top of all the latest changes in regulations
- Sourcing new vendors or auditing existing ones
- Any additional special needs or exceptions