EBD is truly your partner in business and knows that many of you have a small or off-site human resources team to educate and implement your company benefits and compensation, so it is our objective to help you create a streamline process to make your job easier and your employees more informed. Along with insurance and benefit plan creation, enrollment, processing, and reporting. We all provide benefit plan compliance, claim accounting, network repricing, managed care coordination, compliance assist, mandated benefits administration, reinsurance intermediary services, onboarding management, enrollment support and other benefit management practices.
Business Start Up, Business Planning & Support, Accounting, Auditing, HR/Office Management Support, Payroll, VAT, Business tax planning, Tax planning, Self-assessment, tax planning, managing wealth. It’s a lot to ask of a small to mid-sized administrative staff, let Employee Benefit Design, be your back up.
Employee Benefit Design’s Steps to Success
Many of our clients have a single appointed human resources staff member, others look for off-site counsel to handle the HR side of the business. If your company has a small or outsourced HR department and you are needing a ‘second set of eyes or guidance on certain matters, we’re here to help. EBD has partnerships with HR companies, but also our agents are trained in compliance and HR services. We also can receive regular updates on federal and state laws that may impact your business. Allow us to be your guide.
Workman’s comp looks different for every business, what they all share is that we want our employees to feel safe when they are earning their income. We also work with businesses to mitigate risk, improving workplace safety and training your team on ways they can keep themselves safe at the workplace. We work with claims adjusters, making sure that records are reported, the claim is properly managed, and the compensation has been met. We also work closely with your HR department and administration on ways to stay compliant, reduce risk and manage issues as they arise.
Employees like to feel empowered and often don’t want the one-size-fits-all compensation plan for a job well done. Benefits can include cash, life insurance, health insurance, vacations, retirement plans, childcare, club memberships, whatever they value to be their added-value benefit. Allow them to choose and retention will improve.
Does your company have an up-to-date company manual? Do you have a fool-proof onboarding system that is beneficial to your new employee getting started quickly, as well as HR and the business office having all of their needs met? Our team can develop a plan that will get new employees in, trained and in production quickly with your business office having the info they need to move forward with their benefit and payroll implementation. Your business will appear put together, professional and production will increase.
If your small business can close larger clients with the use of surety bonds, ensuring the work will be completed, we can help you as needed. License and permit bonds, construction and performance bonds and court bonds are popular types of commercial surety bonds.
Most commonly your commercial insurance will come in the form of property, liability, and workers’ compensation; covering the damages to your business property, covers liabilities of a third party and covers on the job injuries of employees. More custom policies are available that will be more specific to your industry needs. This coverage helps cover your companies’ personal assets.
Commercial general liability policies will ensure your business is covering the cost of accidental damages because of day-to-day operations and/or the legal costs to defending a lawsuit. CGL’s provide coverage for doing business including claims of liability for bodily injury, property damage, slander, or false advertising.
Not only is our local team at Employee Benefit Design here to answer your questions, but your company and personal profile is available 24/7 through our Employee Navigator portal. You can track your coverage, shop additional benefits, and have an overall health snapshot available.
To help navigate the group insurance options and help your employees get (and feel comfortable with) the benefit plans they select, we’re willing to do educational meetings with your employees giving them the tools they need to make the best coverage decisions for them. This will show your employees you care for them on and off the clock.
Open enrollment can be a huge task for your business and its employees. Allow for trained professionals at Employee Benefit Design to take over this task for you and develop your company a custom benefits plan, while educating your employees about additional options available to them that may fit their individual needs. Open enrollment starts in October and needs to be finalized before the end of the year for the following years, January 1 coverage start.
Many businesses throughout the Ozarks have less than five members of their human resources team. Other businesses use a third party or out-of-market HR service. Our team is verse in compliance and can be proactive about training and development within, to be a knowledgeable liaison between your team and your HR department. We’ll stay up to date on your organization’s policies, procedures and guidelines and continue to be a positive asset to your team.
A benefit compliance liaison is responsible for ensuring an organization’s employee benefits program complies with federal, state, and local laws and regulations. They work as a liaison between the organization’s HR department and its outside benefit providers to ensure compliance with required reporting, disclosure, and other regulatory requirements. They may also develop, implement, and administer the organization’s benefit policies and programs. Additionally, a benefit compliance liaison may provide training to employees and management on benefits-related issues, such as COBRA, HIPAA, and FMLA. Ultimately, their role is to ensure that the organization’s benefits package meets legal requirements and is competitive with industry standards to attract and retain top talent.
If you or your employees need assistance in enrollment, Employee Navigator navigation or just researching their options, Employee Benefit Design is here to help them through all the information out there, it’s a lot.
We make it easy, but also know that sometimes online is intimidating. We’re here to help with open enrollment, both on the back end and with educating your employees on how to do it right the first time. Enrolling and onboarding employees allows us to get that one-on-one time and truly learn about their goals and needs to be successful within your company.
Learn more about Business Administrative Support