Become Even More Strategic
EBenefits offers more than just technology to its customers; it partners its clients with a team with tremendous knowledge and experience in a variety of fields. Your EBenefits team has background from inside HR/Benefits from a variety of company sizes and industries. The EBenefits team also brings experience from working at some of the largest human resources consulting firms in the country. Whether consulting clients on benefit design, or how to properly outsource benefit administration systems, our team will work with your organization to ensure that you maximize your potential with your EBenefits system, and with your Human Resources/Benefits department as a whole. EBenefits offers expertise and consulting in the following areas:
Benefit Design Consulting — During the implementation and throughout the relationship, EBenefits will review your benefit plan designs and provide insight and advice on how you may be able to improve the design and structure of your benefit offerings to maximize the program for your employees, while holding company costs to a minimum or even to reduce costs.
Benefit Pricing Consulting — EBenefits' team has tremendous experience in developing appropriate pricing methodologies for benefit programs. Determining how to structure the employee/employer cost sharing arrangement can be a challenging task. EBenefits' team members have worked with many Fortune 500 companies to ensure that their pricing and cost structures make sense and provide fair and consistent treatment of their employees. If your company is considering a change in its pricing strategy for benefit programs, EBenefits can provide insight or additional information you may need in making your decision.
HR Strategy — EBenefits is more than a benefits administration platform. It can be a tool for your entire Human Resources strategy. The system and communication tools from the programs can provide a simplified and powerful instrument for your HR strategies and programs. In addition to the system functionality, the EBenefits team is available for any needs and advice you may have regarding a new HR strategy. Our team's experience inside HR departments, coupled with our outside consulting experiences with client's HR teams, has given us a unique set of strategies and ideas regarding how to ensure your HR strategies are truly supporting and nurturing your employees and the organizations overall success.
Legal Compliance Review — Making sure your benefit and HR programs are legally compliant is a critical step in running your organization. As the EBenefits team builds your custom-designed system, we gather and review information, and provide feedback on any areas where potential legal issues could arise. While we do not provide formal legal advice, we will flag items that we see as potential issues, and will provide support and feedback that will allow you and your HR team to take appropriate responsive actions. We will also work with your organization to take full advantage of the EBenefits system to address any legal compliance issues that can be handled through a change in administrative practice.
Benefit/HR Communication Strategy and Design — Organizations too often take significant strides in developing new benefit programs and HR strategies just to see them deflate when introduced to the employee population. Often this unfortunate result is due to the lack of a meaningful and understandable communication campaign. With EBenefits you will be able to "Communicate and Be Heard". The EBenefits team will also provide tools and strategies to ensure that your efforts do not go unnoticed. We can partner with your organization to develop a strategy for a communication campaign, assist with development and production of communication messages, and, finally, use the EBenefits system and client services team members to formally announce those communication messages. We can also introduce powerful new tools, for a small additional fee, that help your employees make the right choice for themselves, their families, and your organization.
Vendor/Carrier Management — One of the highlights of the EBenefits offer is our ability to develop data interfaces with your vendor/carrier community. In doing so, the EBenefits team develops a working relationship with those third parties, one that can be leveraged when it comes to problem resolution, rate negotiations, or management of your benefit programs. As your administration outsourcing solution, we will work with your partner organizations to ensure that they are managing your programs and employees the way that you want. In addition, many EBenefits clients use the same vendors for their benefit offerings, thereby increasing our sphere of influence with those particular vendors. By bringing multiple clients representing thousands of lives, EBenefits can have significant leverage with the vendor community when necessary.
Human Capital Metrics — Companies have always focused on their capital within the traditional view that capital is the cash or goods used to generate income either by investing in a business or a different income source. But EBenefits looks at capital in another way — a way that shows capital can include your workforce. Human capital is a way of defining and categorizing peoples' skills and abilities in relation to their employment and your company's gain, as well as for growth and job satisfaction of your employees. Through future system developments EBenefits will be able to help your organization define, measure, and enhance human capital. It has been estimated that as much as 75 percent of an organization's value is attributable to human capital; with the EBenefits team and system you can begin to utilize this enormous resource in a more strategic way.
Performance Management — Whether performance evaluations are processed throughout the year or during a designated period in the year, the administrative burden put on managers and HR Departments during this time can be very tedious and time consuming. The EComp module will make it easier for managers, allowing them to compose and store employee performance evaluations within the EBenefits system, then access the evaluations online to manage and track the process. The EComp module will also feature the ability to capture merit changes online. This system clears up paperwork and makes EComp the 'one-stop shop' for performance evaluations. Your EBenefits team will support the EComp module with consultative services and turnkey solutions for your performance management needs. By simplifying and transforming an extremely administrative process, the EBenefits system will provide yet another value added solution to our clients. The EComp module is currently under development and will be available in 2007.
