Solutions
Employee Benefits Administration
To attract top talent, prospective hires need to understand the benefit package upfront.
Whether it's parental leave, health care, sick leave, pet insurance coverage, pension plans, retirement plans or other benefits, PayBridge's Employee Benefits Administration services help organizations compile high quality employee benefits packages.
PayBridge combines traditional benefits with modern technology, encouraging employee engagement while reducing the time HR managers spend administering benefits programs.
Key Features
PayBridge's software platform offers employers and HR teams an extensive range of benefits administration capabilities:
Benefits Enrollment Wizard enables employees to enroll in applicable benefits
Simplified year-to-year benefits administration with automated rollover processing
Create and maintain benefits packages based upon employee preferences
Quickly determine benefit eligibility based on your pre-determined criteria
Automatic payroll deductions for the correct premium based on elections
Automatic notifications through the application's internal e-mail system
Access over 600 standard reports with the option to quickly customize
Allow employees to self-administer benefit packages via the web portal
Reduce labor using electronic interfaces with third-party administrators
Eliminate manual reconciliation of benefits standard costs
Budget accurately by analyzing benefit costs
Go paperless — no printed documents, manual enrollments or postage costs
401(k) Interface
Seamless 401(k) integration supports businesses that help their employees save for retirement. Enrollment is streamlined and automated; reducing processing time, improving accuracy, security, and resource optimization.
Electronic Carrier Feeds
Empower employees to manage their own information with self-service capabilities. Employees can view, manage and enroll in benefits — health plans, flexible spending accounts or comprehensive benefits enrollment — all in one place.
COBRA Administration
Avoid the costly consequences of COBRA liability by protecting your business with PayBridge's COBRA Administration solution. PayBridge indemnifies clients 100% on their COBRA plans, so your company never has to worry about damaging lawsuits or lengthy litigation.
PayBridge coordinates with your TPA to provide an enterprise-smart approach to COBRA administration. We ensure your TPA takes care of paperwork, employee notification and coordination on premiums with insurance carriers.
Guaranteed Compliance
Working with PayBridge means guaranteed compliance with all COBRA and IL State Continuation regulations and law changes. You'll enjoy 100% flexibility in your COBRA Administration program while ensuring COBRA is administered consistently at all work locations.
Affordable Care Act Filing Services
The ACA places specific regulations on companies over a certain threshold, requiring "large" employers (50 FTEs or more) to offer healthcare and keep meticulous records for annual IRS filings.
Non-compliance can quickly become expensive. PayBridge's comprehensive ACA Filing services offer you peace of mind.
We'd love to help!
Get in touch — we'll show you the software and discuss the ways we can help improve your organization's payroll and HCM services.