Benefits Administration

It's a fact that for employees in today's marketplace, the quality of their benefits has a direct relationship to their job satisfaction. Job satisfaction impacts workplace morale and quality. Offering your employees a competitive benefits program gives you a distinct advantage; a happier and more focused staff.

The Professional Staff Management (PSM) benefits administration system is a proprietary tool that offers you the ability to create an unlimited number of benefit types, apply benefits to the appropriate employees based on user-defined eligibility criteria, and then integrate employees and employer costs associated with each benefit to payroll deductions.

Each of these administration functions is critical, and builds on the other components; if one fails, they all can fail. Knowing this, we designed our benefits system so that it will seamlessly integrate with other system functions to make the administration of employee benefits an easily managed and seamless task, and offer you a redundant and secure system that resists errors and failures. With the PSM benefits system, you can be sure that all employees are offered the benefits for which they are eligible, when they are eligible.

Comprehensive Employee Communications reporting tools allow for the creation of custom Employee Benefits Statements. Keeping your employees educated on benefits in a simple and straight-forward way eliminates confusion and doubt- the things which kill productivity and workplace satisfaction. The key component of the PSM Benefits function is the Benefits Master Record. The creation of a Benefits Master Record for each benefit in the organization allows for the definition of the rules for each benefit; including eligibility, options and employee/employer costs. To protect the system's integrity, it allows for flagging certain fields within the records to alert the appropriate people when a change is made, thereby ensuring consistency and quality.

Once the Benefits Master Record is created, updating it is as simple as applying the benefit to the eligible employees and the Master record does the rest. The system also can be flagged appropriately to provide an alert when an employee meets the eligibility criteria for the benefits that have been defined. Before you know it, the time and cost savings will begin to mount at an amazing pace, which means dollars back in your pocket, and more time for serving your customers.