Genesis HR Solutions

AUGUST 19, 2020

The predecessors to PEOs first appeared in the 1970s in response to employers’ need for staffing and human resource administration. In 2014, legislation passed that authorized the Internal Revenue Service (IRS) to develop a program for Certified Professional Employer Organizations (CPEOs). million to 3.7 for non-PEO clients.

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Netchex HR Blog

JANUARY 25, 2024

That means mobile-friendly benefits administration is not only preferred, it is necessary. Here are a few of the top reasons for mobile-friendly benefits administration: Anywhere, anytime access is expected We’ve become a culture of instant gratification and short attention spans, but that’s not always a bad thing.

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Netchex HR Blog

AUGUST 30, 2022

Employee benefits are a major facet as well, which means benefits administration is an important role to fill by your HR team. Because it is so important and multi-faceted, employee benefits administration takes a significant amount of knowledge, time, and effort to manage across your workforce. What is Benefits Administration?

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Benefit Resource Inc.

OCTOBER 17, 2023

ROCHESTER, NY — (October 17, 2023) — Benefit Resource LLC (BRI), a Millennium Trust solution and a leading provider of dedicated pre-tax account administration and COBRA services nationwide, announced today that it will offer HealthLock to its customers who use its Beniversal ® Prepaid Mastercard ®.

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Benefit Resource Inc.

JULY 13, 2023

Combined product offerings will accelerate growth and create a best-in-class solution within the health and benefits category. ” For 30 years, BRI has combined industry experience, effective technology, and exceptional service to support more than 400,000 participants across over 5,500 employer plans nationwide. .

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Genesis HR Solutions

FEBRUARY 16, 2024

For example: COBRA administration Unemployment Benefits reconciliation Collecting information for various tax forms Recordkeeping 401(k) plans Employee handbooks For many CFOs and managers, the hours are too many to count—but they know those complex, tedious tasks must get done or the company suffers. Contact GenesisHR.

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Analytics in HR

AUGUST 22, 2023

Aflac also found that 83% of organizations believe their benefits package positively impacts employee productivity, while 84% reported that it enables them to recruit top talent. New employees may receive company-specific training programs on hiring to learn about organizational workflows and benefits administration.

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Netchex HR Blog

OCTOBER 12, 2022

Carrier communication—also known as carrier connectivity—is an increasingly crucial service that improves the entire benefits process. Electronic Data Interchange (EDI) connects directly to your carrier or third-party administrator. Self-service portals allow policyholders to track their benefits use and progress toward deductibles.

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Bob

DECEMBER 8, 2022

ASO: Administrative Service Outsourcing. CMS: Centers for Medicare and Medicaid Services. COBRA: Consolidated Omnibus Budget Reconciliation Act of 1985. CPO: Chief Product Officer. DOA: Date of Accident, or Department of Administration. EBSA: Employee Benefits Security Administration. EE: Employee.

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PlanSource

JULY 26, 2022

Operating nationwide since 1977 gives BBP Admin the expertise and experience in handling any hurdle related to employee benefit administration. Legal Resources – Legal resources is an employee benefit that provides high-quality legal services to our members, helping them to lead lives free of major legal expenses. ORLANDO, Fla.

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Netchex HR Blog

AUGUST 31, 2022

Benefits administration involves lots of moving parts. Thankfully, benefits administration software streamlines many of the actual tasks of benefits administration. Thankfully, benefits administration software streamlines many of the actual tasks of benefits administration. Built-in enrollment services.

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Benefit Resource Inc.

DECEMBER 11, 2018

A few months ago, we gave our LinkedIn followers a pop quiz on COBRA. What does COBRA stand for? However, even if people know what COBRA stands for, they may not understand all of its ins and outs. Do you have the right COBRA resources? When you work with Benefit Resource, we make sure you have the right COBRA resources.

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Benefit Resource Inc.

APRIL 15, 2020

The second installment of Hall Pass is a COBRA amid COVID-19 Q&A. CEO Jason Hall interviews COBRA Services & Product Supervisor Sarah Mercik. She breaks down the Consolidated Omnibus Budget Reconciliation Act (COBRA). Check out the video below: COBRA amid COVID-19 Q&A. 2% administrative fee.

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Benefit Resource Inc.

OCTOBER 1, 2020

ROCHESTER , NY, October 1 , 2020 – B enefit Resource , LLC (BRI) today announced the acquisition o f 121 Benefit s , a Minneapolis-based administrator of pre-tax benefits and benefit continuation services. This marks the first acquisition for BRI since its strategic partnership with CIP Capital in August 2019. . “

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PlanSource

SEPTEMBER 14, 2022

BBP Admin incorporates technology and provides a personalized customer service experience via their account manager model to help their customers with more effective benefits administration. Dedicated Service. Being a marketplace partner, there is no longer a 60-90 day linkage time to link over services. Recent Posts.

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BerniePortal

OCTOBER 16, 2020

This compliance poster is required for all employers engaging in or affecting commerce or in the production of goods for commerce. Uniformed Services Employment and Reemployment Rights Act (USERRA). The law protects the job rights of individuals who voluntarily or involuntarily take military leave from employment for service.

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Benefit Resource Inc.

MARCH 19, 2021

a leading provider of dedicated pre-tax account administration and COBRA services nationwide , announced the selection of Donna Maxwell as the company’s Chief People Officer. O-AT-KA Milk Products, Callero Software, Element K and Petco. ROCHESTER, NY, February 24, 202 1 —Benefit Resource LLC (BRI) , ?

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Netchex HR Blog

SEPTEMBER 6, 2022

Your benefits administration system needs to work. For HR departments, benefits administration can be a time-consuming challenge—and one that is often outside of their expertise. User-friendly employee self-service portals allow for greater transparency and broader access to benefits policies. Minimize errors.

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Insperity

APRIL 5, 2022

Then, it’s probably time to break away from the chaos, outsource your HR administration tasks, and save time and money. On a basic level, HR outsourcing simply means hiring people outside of your company to perform HR services for your small business. Benefits administration. Here are a few points to help you find out.

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Benefit Resource Inc.

JUNE 29, 2020

We’re excited to announce that Benefit Resource is now available through ADP Marketplace , ready to provide employers nationwide with top-rated pre-tax account and COBRA administration. ADP® is one of the largest providers of cloud-based human capital management (HCM) software and services in the United States.

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Benefit Resource Inc.

MAY 11, 2020

ROCHESTER, N.Y. , May 11, 2020 /PRNewswire-PRWeb/ — Today, Benefit Resource, LLC (BRI), a national third party administrator of pre-tax benefits and COBRA, announced the first of its planned investments in long-term and short-term strategic growth. We both believed in being a dedicated, service-oriented workforce.

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Netchex HR Blog

MARCH 10, 2022

Human Resource Management (HRM)—also known as Human capital Management (HCM)—includes the hiring, development, and administration of employees. When you provide benefits for your workforce, they’ll need help understanding and accessing those services. Benefits Administration. What is Human Resource Management? Email *. Δ

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Benefit Resource Inc.

OCTOBER 27, 2021

Becky’s expertise includes nearly two decades of dedication to education, marketing, product development, and the advancement of tax-free benefit accounts. BRI ( BenefitResource.com ) provides dedicated pre-tax account administration and COBRA services nationwide to clients ranging from small businesses to Fortune 100 companies.

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Netchex HR Blog

SEPTEMBER 21, 2023

Self service portals allow employees to check PTO and update address changes. Encourage lifelong learning and you can measure the impact of programs on employee productivity. Make sure you offer COBRA during offboarding and help staff keep benefits information up to date. Recruiting Auto-respond to midnight applications.

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Netchex HR Blog

SEPTEMBER 13, 2022

Integrated software allows you to dramatically reduce paperwork and routine administrative tasks. Benefits management software should also include an employee self-service portal where they can access their personal information and policies. Netchex makes Benefits Administration easy, straightforward, and worry-free. Email *. Δ

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Planning Tools Employee Benefits Onboarding Software Hiring Software 83

MP Wired For HR

NOVEMBER 15, 2023

Perhaps you might start seeing engagement and productivity slide. When employees know exactly when to expect their paychecks and the amount they’ll be receiving, this can help them to feel more financially secure and less stressed, thus enabling them to be more productive. Employee benefits administration.

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HR Daily Advisor

JULY 27, 2017

This column summarizes the key findings from the 23-page report and explains the next steps that plan administrators should consider. The HCTC program also requires that applicants carry qualified health insurance, which includes COBRA coverage or spousal coverage if the employer does not pay the majority of the cost of coverage.

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Business Management Daily

NOVEMBER 15, 2021

This allows you to use pre-tax dollars to cover copays, out-of-pocket medical, vision, or dental expenses, and purchase eligible health care products. Expenses related to the training and care of a guide dog or other service animal. Addiction treatment services for alcohol or drug addiction. Pregnancy tests. Medical Marijuana.

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Zenefits

JANUARY 24, 2022

Benefits administration is a full-time job in itself. An automated benefits administration helps your HR team save time and money. There are many complex laws that govern benefits, including ERISA, ACA, COBRA, HIPAAA, ADA, and EEOC. It also improves HR productivity. It also improves HR productivity.

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Zenefits

MARCH 8, 2021

Failure to comply with these laws can trigger investigations by the administering agency, such as the Internal Revenue Service or the Department of Labor. Compliance is, therefore, the chief reason many employers outsource benefits administration to a third party provider. Consolidated Omnibus Budget Reconciliation Act (COBRA).

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Zenefits

JANUARY 6, 2023

Some states may have extra requirements for COBRA, so it’s worth it for employers to check out what will happen to a person if they lose their job, and what they can do to mitigate that. The same goes for medical service packages and company-issued technology. Simplify benefits administration. Simplify benefits administration.

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Zenefits

FEBRUARY 24, 2020

As the new year takes hold, smart owners are planning ahead for the year in every aspect of their business, and setting goals for sales, production, and employees. If you’re a business owner, take the time to create a plan for the coming year when it comes to benefits administration, as well. Plan-Specific Deadlines.

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Benefit Resource Inc.

DECEMBER 10, 2021

All of these services are low-cost or free and are fairly easy to use. Then you also have lost productivity, damaged employee morale/engagement (especially if your turnover rate is high), and increased errors that happen under new employees. Compensation & Benefits Administration. Recruitment -> Employee Retention.

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SwipeClock

OCTOBER 27, 2020

Reduced productivity. Is it easy for them to access plan information and all the resources they need with employee self-service? How does COBRA work? Employees can manage enrollment and updates with self-service portals and mobile apps. The administrator can personalize the digital new hire packet for the job position.

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Vantage Circle

SEPTEMBER 23, 2023

Thereby causing a lack of motivation, efficiency, and productivity. As a manager, do you believe that or pay lip service? Boosting Productivity And Engagement: Well-designed benefits programs can improve employee morale and engagement, increasing productivity and lowering turnover rates.

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Zenefits

DECEMBER 31, 2019

But the nuts and bolts of being a small business owner extend far beyond the product your produce or the service you provide. Typically, an employer will make monthly payments to the plan/plan administrator to keep employee coverage current and paid to date. Deductible. Co-insurance.

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Zenefits

NOVEMBER 12, 2021

The Internal Revenue Service (IRS) annually publishes the affordability percentage for each year. The maximum amount that a health insurance plan will pay to a healthcare service covered by the plan. Benefits Administration. Benefits Administration Technology. Affordability. After-Tax Contributions. Allowed Amount.

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