Benefits administration doesn’t have to be a chore. Our intuitive platform simplifies the complexity of benefits by helping you easily set up enrollment, navigate compliance, minimize errors, and automate key processes.
Empower your employees with a straightforward experience, convenient access, and intuitive decision support tools to reduce inquiries and improve benefits participation.
With Paylocity, seamlessly manage COBRA benefits and other flexible contribution plans like FSAs, HSAs, and transportation accounts. Employees can conveniently review balances and file claims – all in one familiar location, alongside their paycheck and time-off access.
Using Paylocity, employees can manage enrollments, check spending accounts balances, file claims, and more from any device. Notifications remind employees of critical information, helping them take full advantage of their coverage.
No more guessing games when it comes to selecting the right plan. Personalized recommendations based on employees’ specific preferences and situations creates more certainty that their benefits meet their unique needs.
Benefits administration software is a software solution designed to automate benefits administration. These software solutions typically have features for enrollment, premium calculation, medical expense deduction, 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.
Learn More: The 14 Best Employee Benefits to Dazzle Your Talent
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.
