ERG Payroll & HR launches integrated health benefit platform
June 6, 2016
ERG partners with local brokers to help companies eliminate complexity and create a seamless solution for payroll, HR, and benefits.
ERG launched a fully integrated payroll and benefits platform for small to mid-sized businesses. ERG is simplifying the process of offering health benefits to employees by combining easy-to-use technology with a network of local benefits providers.
Many companies are still using paper and manual procedures to handle their employee benefits processes. Managing multiple systems under a high level of regulation while also navigating the potential liabilities that come with administering a group benefits plan can be a hassle for companies. That, along with the costly expense of benefit plans, is a deterrent for companies seeking to offer health insurance.
“We hear from so many of our customers that are looking for a way to simplify the administration of health care benefits for their employees. Employers want to feel like benefits, are just that- benefits, not another regulatory headache they are forced to deal with,” says Matt Vaadi, president of ERG. “A lot of payroll companies or PEO’s don’t allow you to stay with your current broker or partner with someone locally. We want to allow that flexibility and support our local insurance counterparts. We also don’t want our partners to feel like we are going to take business from them. We are all here trying to do the same thing; help local businesses grow and compete.”
ERG’s platform is built to allow you to bring existing plans over and use the advanced technology to manage them. Additionally, the ERG Benefits Network provides the opportunity to choose a health plan directly from the system. ERG provides a simple menu of benefits that are appropriate for companies ranging from 10 to 250 employees. In many cases companies are even able to offer multiple healthcare plans along with a suite of other benefits such as, life insurance, disability insurance, 401k, FSA plans, and more.
The ERG benefits admin tool offers much more than just benefits assistance. Employers can complete tasks ranging from applicant tracking, online job postings, employee onboarding, and performance management, all under one comprehensive system. Studies suggest that employers with a formal onboarding program have 60% higher productivity per employee than those who do not have a formal process in place.
The platform will not only help organizations drive paper out of the benefits process while simultaneously making administration more efficient, but can also provide a great first impression to new hires.
“We are very proud of how this solution is helping businesses get more out of their people while keeping them engaged,” says Vaadi. “We have received great feedback from our initial clients that this application is solving real business needs by helping them go paperless, increasing efficiency, and putting their best foot forward with new hires.”
The solution also provides a competitive advantage for healthcare insurance brokers. Healthcare brokers in today’s market, see their clients under constant attack from payroll and HR companies that also offer insurance. ERG does not offer insurance and instead chooses to partner with local brokers to meet the insurance needs of their clientele. If you want to become part of the ERG Benefits Network or offer the payroll and HR suite to your clients, please send an email to Kate Vaadi at [email protected] or call 803-816-1542.
Learn more about the ERG Benefits Network here: Download Brochure
About ERG Payroll & HR
ERG Payroll & HR is focused on simplifying payroll and human resource functions for small to mid-size businesses. Through their unique blend of technology and people, ERG Payroll and HR helps business owners maintain compliance, grow, and focus on their true mission. Their suite of HR solutions ranges from online payroll, HR systems and proprietary employee onboarding software, to fully outsourced solutions that provide business owners their own dedicated experts to fill voids in their organization. Regardless of where you are with your HR processes, ERG can meet you at your point of need. More at ergpayroll.com.
