Benefit Administration
ExtensiveHR offers assistance with the administration of employee benefits in all company operations and assurance of compliance with federal, state, and local compensation laws & regulations. We provide special guidance and assistance on various employee benefit plans to include open enrollment, benefit meetings, and continuous processing of benefits. Our benefits specialists will conduct surveys in the industry and/or community to determine your company’s competitive position for employee benefits.
ExtensiveHR can develop, recommend, and assist in the installation of new or modified plans and employee benefit policies, as well as supervise the administration of existing plans. We will leverage our experience to ensure cost control procedures to guarantee maximum coverage at the least possible expense to the company and employee. We can assist in the assurance that the required records or reports are maintained and issued.We provide extensive resources for all your benefit needs:
- Monitor competitive trends in benefits, and evaluate alternatives & costs
- Negotiate agreements with the leading insurance carriers and financial institutions for administration of benefits programs
- Develop programs to monitor and reduce costs and improve delivery of your existing benefits programs
- Manage enrollment for annual employees and new hires
- Ensure that required records and reports are maintained and issued
ExtensiveHR will guide your company through all the complexities of:
- Workers’ Compensation
- Benefit Compliance Audits
- Healthcare/401K
- COBRA (Consolidated Omnibus Budget Reconciliation Act) and HIPAA (Health Insurance Portability and Accountability Act) Administration Services
- FMLA (Family Medical Leave Act)
- ERISA (Employee Retirement Income Security Act)
