Reduce Paper, Cut Costs, and Streamline Your HR/Benefits Department
The average small to mid-sized employer spends $750 per year per employee on routine administrative tasks and queries. – Aeon Consulting
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The Your Employee Benefits Depot module is a convenient and cost effective suite of web-based services that allows employers and employees to manage their benefits and HR information.
With Your Employee Benefits Depot, paper is eliminated with online benefit plan summaries and booklets, forms, documents, employee handbooks, summary plan descriptions, links to providers and more. Online benefits enrollment is an additional option.
A powerful, value-added benefit provided by their employer, employees have access to information 24/7 via the Internet — all in one place.
An optional “hidden paycheck” module shows each employee the dollar value of the extra employer-paid benefits they are receiving such as vacation, sick leave, and group insurance.
A platform of services provides a way for employees to organize their financial programs. With an online Personal Financial Statement, Individual Retirement Summary, Investment Portfolio, and a Life and Disability Insurance Summary, each employee can customize a suite of personalized resources for easy access and reference. Individual passwords assure privacy protection.
Click here to see the Return on Investment study showing a savings of $300 per year per employee.
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Helping HR Transition from Transactional to Strategic
“… with such things as Web portals, employees can access them to review existing benefits, check plan details, etc. It is going to be something every employer will want to offer – not just the larger companies. Also, there is a push to make these Web portals all-inclusive with such things as the employee’;s investment information, making the site more the employee’;s financial center, not just an insurance center.”
Source: Benefits Selling Magazine, March 2006. Robert DiOrio, President & CEO, Enrolltek
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“It was wonderful. It freed up my time and allowed me to focus more on employee relations issues that couldn’t be handled on the Internet. It allowed me to do the projects that benefited employees in other ways than their traditional benefits, the warm and fuzzy piece that I know as a human resources professional is truly important.”
Source: Susan Staples, HR consultant on the use of online benefits system. Cincinnati Business Courier
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