Employee Benefits Management Challenges
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Meeting the Challenges of Benefit Management
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Employee Benefits Management Challenges
- 1. Start Time: 2:00pm EST Live Webinar: Webinar Audio: You can dial the telephone numbers located on your webinar panel. Or listen in using your microphone or computer speakers. Welcome! Employer Solutions Meeting the Challenges of Benefit Management
- 2. Webinar DetailsWebinar Details • Presentation is roughly 1 hour • This session will be available as an on-demand video and slide deck • All phone lines are muted • If you have any questions during this webinar – please type them in your Questions Box located at the bottom of your webinar panel | Employer Solutions
- 3. Webinar DetailsToday’s Presenter Mark Boutilier | Net@Work Senior Solutions Engineer • Over 30 years developing and implementing HR and Payroll solutions • HR Practitioner for over 10 years • Sage Certified trainer and consultant for Sage HRMS • Worked with Sage 300 CRE (‘Timberline’) users for 20 years | Employer Solutions
- 4. | Employer Solutions Net@Work HR Management Series for Construction & Property Management • Webinar series designed to address your employee issues • Refresh your knowledge Learn something new! • Focus on Net@Work HRMS Solutions • On-demand recording Slide Decks available after each session
- 5. | Employer Solutions Remaining Topics and Schedule • Using Tax Credits to Enhance Profitability March 22nd @ 2:00 PM EST • Employee Engagement: Maximizing Your Employee ROI April 26th @ 2:00 PM EST
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- 9. | Employer Solutions Today’s Topic: Employee Benefits: Meeting the Challenges of Benefit Management Employee Benefits: Meeting the Challenges of Benefit Management Administering Insurance benefits Accurate reconciliation of employee census and vendor list bills Generating reporting for self-billing Trend analysis of benefit plan adoption Paid Time Off plans Best Practices Local PTO requirements Tracking Company Assigned Assets Equipment and company vehicles
- 10. | Employer Solutions Why It matters?
- 11. | Employer Solutions Why It matters?
- 12. | Employer Solutions HR Department Source: Forrester Research, 2009 ✓ HR Departments are consumed with Administration ✓ Over 30% on benefits ✓ 50% processing info and answering questions ✓ Only 14% on strategic initiatives
- 13. | Employer Solutions Challenge # 1 Vendor Bill Reconciliation • Only half of all employers reconcile their benefit list bills • Sarbanes-Oxley: discrepancies between invoices and payments • Internal audit requirements • Unnecessary costs for partial month employment or terminations.
- 14. | Employer Solutions Point-in-Time Reporting
- 15. | Employer Solutions Challenge #2: Generating Reporting for Self-Billing
- 16. | Employer Solutions Challenge #3 Employee Census Required
- 17. | Employer Solutions Challenge #4: Trend Analysis
- 18. | Employer Solutions Paid Time Off
- 19. | Employer Solutions Spectrum of Options Traditional Sick Leave and Vacation Paid Time Off or Paid Leave Banks Unlimited Time Off
- 20. | Employer Solutions Challenge #1:Best Practices • Attendance patterns and costs. • Organization culture and attitudes. • FMLA compliance. • State laws on pay at termination. https://www.payscale.com/compensation-today/2010/11/business-paid-time-off-plans Paid Time Off Plan Implementation Considerations
- 21. | Employer Solutions Challenge #2: PTO Trends
- 22. | Employer Solutions Drill Down to Employee Level
- 23. | Employer Solutions Challenge #3: Mandated Paid Sick Leave Plans
- 24. | Employer Solutions Tracking Company Assets
- 25. | Employer Solutions Challenge #1: Who Has What?
- 26. | Employer Solutions Challenge #2: Did We Get It Back When He Left?
- 27. | Employer Solutions Human Resource Management Systems Provide: • Ability to better manage benefit enrollments and changes • Insight into benefit use and cost • Consistent time off policy administration • A ‘single point of truth’ about an employee .
- 28. | Employer Solutions Next Month . . . March 22nd 2:00 PM EST Employee Benefits: Meeting the Challenges of Benefit Management Using Tax Credits to Enhance Profitability New Hire ax credits Review of other state & federal tax credits How eligibility is determined Managing the process with HRMS
- 29. Webinar DetailsQuestions, Comments, Thoughts? | Employer Solutions
- 30. Webinar DetailsThank You For Attending! Mark Boutilier | Net@Work Senior Solutions Engineer (P) 800-719-3307 Ext 4805 mboutilier@netatwork.com | Employer Solutions 800-719-3307 www.netatwork.com netatwork.com/blog Net@Work YouTube Follow us on Twitter: @netatwork_corp Follow Net@Work on LinkedIn Follow Net@Work on Google+ Follow Net@Work on Facebook Connect with