Benefits Administration
Ways to administer employee benefits, compensation, payroll and pensions is moving from paper to online benefits administration systems. The benefits technology used to manage staff perks and pay, such as payroll software and benefit administration software , is becoming integrated with flexible benefits software, and often include management solution tools for sickness absence management and staff holiday scheduling in self-service suites. Sophisticated use of employee benefit administration software and payroll systems is allowing employers to mine human resource data to evaluate performance, staff behaviour, benefits selection patterns and the business benefit of perks.
Common definitions for benefits administration and technology
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News
Thomsons Online Benefits launches tool to monitor perks' spend
Thomsons Online Benefits has developed an online data collection service that helps employers monitor their spending on perks.
22 May JLT Benefit Solutions to launch online benefits platform
06 May Target communications using enhanced products
28 Apr Saffery Champness launches online TRS and pensions calculator
24 Apr Nestle implements governance software for four pension schemes
Analysis
Targeted communications can boost benefits take-up
Segmenting employees can help employers target communications in order to boost benefits take up, says Clare Bettelley
30 Apr Outsourcing payroll continues to appeal
01 Aug Multi-Employer benefits schemes
01 Aug Outsourcing pensions vs. in-house administration
01 May Shift workers place health alongside pay
Case Studies
Royal Mail Group signs new contract on bike plan
Royal Mail Group has ended its tripartite arrangement with Futuremedia and Halfords Business Services for its cycle-to-work plan, and instead handed the entire scheme to the retailer to run.
04 Feb Reducing absence at Virgin is not pie in sky
05 Mar First Group launches intranet site to encourage staff training
05 Oct Qinetiq chooses own providers in outsourced scheme
05 Oct BSkyB opts for outsourced admin
01 Jun Loyalty Management Group nails down benefits admin costs
Research
Employers examine benefits communication
British businesses must improve benefits administration and communication in order to increase engagement and retention.
01 Sep Admin and cost advantages are part of flex's appeal
