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[Video] Mastering Employee Benefits: Tips for Effective Administration

January 19th, 2024 | 2 min. read

By Jessica Turner

Mastering Employee Benefits: Tips for Effective Administration

 

Watch this 2-minute video

Imagine crafting employee benefits like baking a cake, where each ingredient represents a different aspect of your benefits package. The method you choose, manual or automated, can significantly impact the outcome.

The Charm of Manual Administration

For small businesses, manually managing benefits can be like hand-mixing a cherished family recipe – cost-effective and personal. This approach allows for direct interaction with employees, offering a chance to address their questions and tailor benefits to their needs.

Challenges of Going Manual

However, manual benefits administration can be time-consuming and prone to errors. Keeping up with legal requirements and ensuring accuracy can be daunting, especially as your business grows and the 'cake' gets bigger.

Growing Needs, Growing Solutions

As your company expands, the complexity and scale of managing benefits increase. What works for a small team may not be efficient for a larger workforce. This is where the need for more sophisticated solutions comes into play.

Combined: Your Sous-Chef in Benefits Administration

At Combined, we understand the unique needs of your business, whether you're comfortable with manual methods or ready to transition to automated solutions. We're here to assist you in finding the right balance, ensuring your employee benefits are well-mixed and delightful for everyone.

What To Do Now

Choosing the right approach to benefits administration is crucial. Whether you prefer the hands-on method or are looking to upgrade to more advanced tools, we're here to guide you in baking up a successful benefits plan.


This video is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Viewers should contact legal counsel for legal advice.

 
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The video is hosted by Robin, an Account Executive for Combined, who has over 15 years of experience in risk mitigation. he explains that compliance simply means following the rules, and that when businesses are out of compliance, they can face costly repercussions.
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