As a business owner, you probably have encountered the decision to provide benefits or not to your employees. There are regulations and laws in place that ensure employers offer employee benefits depending on certain circumstances within the company. If you fall among those that need to offer them, that’s probably a good thing. Companies that offer benefits for part time employees are very rare but a greatly coveted position. You would have your pick of the crop if that was something you offered. You should also be considering a benefits management software program. This will make your life a lot easier if you do not have to be the one answering all the questions and overseeing human resources when it comes time for open enrollment. Here are some reasons that benefits management software could beneficial for you and your staff.
- Benefits management software will free up HR’s time
Much of human resources does have to do with dealing with employee benefits but they also are responsible for many other jobs that they need to take care of. If you had a program in place where employees could go to have questions answered, find out about different plans that are available or even check on their own benefits, it would alleviate much of your human resource department’s burden. Employees are constantly emailing and asking and trying to find out information. If they could do it themselves, your HR department could focus on other issues that can not be handled by the other employees. Human resources software solutions usually already incorporate some sort of benefits area, just open it up for all employees to access their own information.
- Your company will be a lot more attractive to work for
Benefits management software programs are typically pretty easy to navigate and for all those types of employees that do not like to speak up about issues, once a potential employee finds out about the benefits offered and sees the program, they will be much more inclined to work for the position. Knowing that there is one area where all the information lies is a great idea. Unfortunately there are companies that are not always honest when it comes to employee benefits but the fact that your establishment has written information will show employees that you are an honest and open affiliation and are not trying to hide anything.
- It makes the process less complicated
Benefits can be confusing, that’s just the way it is. The different options, prices, plans, inclusions, etc. are constantly changing. The pressure is on when it comes times to enroll as most companies have a very small window of when employees are able to enroll. Now, with the requirement of health benefits, most employees will be needing to sign up but by the time they have gone through all the paperwork and found out about the different plans, the window could be closed. Having it computerized is a much simpler and more organized way of presenting the information. There’s no chance of losing a page or forgetting to sign something, somewhere.
- It keeps track of everything better
You probably already have some other computerized systems that keep track of employee information and details, so why not just add in the benefits factor? Allow the employees the responsibility of keeping their own information up to date. You can make it a requirement to check all information every six months or so and if everything is kept in the same place then there is nothing that is going to get lost in the process.
The world is heading toward being completely digital and paper is becoming obsolete. People get frustrated and overwhelmed where there is to much paper information. You could have the same exact information on paper as you do on the computer, but the computer makes it look so tidy and uniform that most people will prefer to read it and sign it from the computer. It’s helpful if you can not go to the next page until you confirm that you have read and understand the current page. There’s no way to ensure that on physical paper and it lead to unnecessary time wasted on questions that could have been answered by reading the original information properly.