Benefits Outsourcing
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Receive Benefits Outsourcing Solution Proposal
If you would like us to create a no-obligation solution proposal
based on your company’s unique challenges, simply complete
the form below. We will be in touch shortly.
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| "HR XCEL provided the expertise we needed
to address the challenges of merging the benefits of two large, statewide,
nonprofit organizations. Since January 1, 2004, our staff has increased
by almost 50 percent. Handling the increased benefits workload ourselves
would have required hiring additional staff. By using HR XCEL, we
can continue to focus on what we do best."
Today, companies of all sizes are achieving improved performance and productivity with Benefits Outsourcing. Benefits Administration
grows more complicated and time-consuming, and tactical in nature by
the hour. As a result, HR departments are being distracted from
strategic initiatives by the day-to-day administrative aspects of their
job.
Benefits Outsourcing allows you to grow your business by re-allocating the financial and human resources
currently devoted to your internal HR infrastructure. These resources
can be redirected to sales, production and other areas that contribute
more directly and significantly to the growth and profitability of your
core business.
In
Benefits Outsourcing with HR XCEL, you’ll have the security of knowing
your HR functions are in the hands of experienced professionals who
will ensure that company policies are followed, compliance requirements
are met, administrative tasks are completed in a timely way, and
nothing is overlooked
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HR
XCEL is an exceptionally experienced provider of comprehensive services
for all of your Benefits Outsourcing needs. By outsourcing benefits
with HR XCEL you will receive exceptional employee support. Instead of
the large call center model that other outsourcing companies use, HR
XCEL's Benefits Outsourcing solution offers clients a dedicated service
team.
Benefits
Outsourcing with HR XCEL can relieve you of the burden of technical,
legal and compliance issues. From enrollments to terminations, we can
handle all of your Benefits Outsourcing needs, at considerably less
cost and risk.
HR XCEL Benefits Outsourcing Services Include:
- Process all new hires for benefit plan participation in accordance with eligibility requirements of specific plans
- Communicate all plan information to employees, including mailing plan information and materials to employees' homes
- Provide government compliance support, including:
- Coordinating 5500 preparation
- Coordinating discrimination testing to ensure compliance
- Maintain employee benefit files in accordance with appropriate requirements, including ERISA, HIPAA and DOL
- Reconcile and audit monthly insurance / benefits invoices
- Interface directly with insurance carriers and payroll system to ensure timely and accurate data maintenance
- Provide Employee Benefit Support Center services including:
- Assisting employees with questions about their benefit packages
- Assisting terminated employees in obtaining HIPAA Certificates of Creditable Coverage from carriers
- Provide enrollment options via web and/or call center and/or paper
- Manage benefits for retirees
- Provide access to your data via web-native HRIS
HR XCEL offers Benefits Administration Outsourcing, Business Process Outsourcing and strategic Human Resource solutions, including HR Outsourcing, Benefits Administration Services, Compliance Services, COBRA Administration, Flexible Spending Account, Outsourcing Benefits, Family Medical Leave Act, Employee Relations, Payroll Solutions, Time and Attendance Solutions, HR Information Center, Benefits Administration and Human Resource Software.
Contact Us For A Benefits Outsourcing Solution Proposal.
Why is Benefits Outsourcing a good idea?
IT
services is still the most frequently outsourced service. However,
benefits outsourcing is rapidly increasing. With the number of growing
challenges facing companies today, benefits outsourcing is a practice
that positively impacts a company's bottom line. Cost is one issue but
benefits outsourcing also affects other company aspects. Benefits
outsourcing takes advantage of the expertise of others and frees up a
company to focus on day-to-day tasks. Many companies claim to see the
improvements to their daily processes immediately. There are a lot of
reasons that make benefits outsourcing a great idea.
- Cost Efficiency
One of the first reasons that companies look to benefits outsourcing is
to be more cost efficient. Benefits outsourcing can be a great solution
for cost savings. Outsourcing benefits will ensure that your benefits
will be in the capable hands of experts who can help you reduce costs.
You will also be able to avoid the cost of hiring and training new
employees.
- Resources
With so many things going into benefits administration management,
benefits outsourcing makes sense. Companies may not have the employees,
expertise, equipment, or time to effectively handle a company's benefits administration. Outsourcing benefits allows you to feel confident that projects will be handled immediately.
- Day-to-Day Business
With benefits outsourcing your business will alleviate a time consuming
task that could be cutting into other work. Outsourcing benefits
creates more time to focus on your business' core. The result is higher
quality and more accurate work. Employees are not stretched thin and
your benefits administration is being handled as the main focus of an outside party.
Those are just three of the primary reasons for business process outsourcing.
Of course there are a lot of other reasons including:
- Greater flexibility with benefits outsourcing
- Higher quality of service
- Gain knowledge and innovative suggestions with benefits outsourcing
- Increase credibility with benefits outsourcing
- Variable costs instead of fixed costs
- Business opportunities
- Benefits outsourcing can help you avoid the danger of possible tax penalties
Benefits outsourcing is a viable option for any company regardless of the size of the company or the industry. Benefits administration is a challenge that every company needs to address. By outsourcing benefits you can eliminate that challenge. Look to the experts and choose HR XCEL for all of your benefits outsourcing needs.
Contact us or Call at 888-477-4310
Corporate Headquarters:
HR XCEL, LLC.
3436 Toringdon Way Suite 300
Charlotte, NC 28277
888.477.4310
704.357.6008
704.357.1688 (fax)
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