Business Benefits Group (BBG) in specializes in the provision of a wide range of Benefits Consulting services to businesses in Ashburn, VA. To succeed in the business world, there will always be the need to employ the right personnel for key positions. Our premiere Benefits Consultants can provide businesses in Ashburn, VA with the essential guidance they require to make the most appropriate strategic benefits decisions in order to reduce administrative burdens, improve organizational performance, attract and retain employees, and lower administrative expenses.
Understanding Employee Needs
Essentially, employees’ needs involve proper healthcare and financial security. When selecting and using their benefits, they also need to understand the options available to them. They want to be able to maintain the lifestyle they have become accustomed to in their professional life when it is finally time to retire. A truly competitive employee benefits package can help an organization’s employees to feel more secure and confident throughout their personal and professional lives, giving them the incentive they may need to focus every effort on being productive in the workplace.
Our Ashburn, VA Benefits Consulting Services
Our Benefits Consultants can help businesses in Ashburn, VA determine which benefits to offer, and will provide sound advice on how to structure an attractive benefits plan. Our professional Benefits Consultants will assist a business in setting up and administering an affordable employee benefits program while getting the most out of what it can truly offer. We also provide a full range of benefits consulting services which include:
Building Benefits Packages
Our Benefits Consultants have the expertise businesses need to offer employee benefits programs—including comprehensive plans that cover dental, vision and health care benefits that have been shown to motivate employees to become more productive and loyal. Choosing to offer comprehensive plans to employees will demonstrate how much an organization appreciates its staff. Our experienced Benefits Consultants will also analyze a client’s current program to see whether there are other options which can be added to enhance the overall impression of the package, while simultaneously keeping costs as low as possible.
We will advise our clients on the plans that will serve the needs of their employees in the best way possible. Additionally, we will help businesses to understand the differences between Self-Funded and Fully-Funded plans, and clear advice on the advantages of each health network such as HMO, HRA, POS, PPO, HSA, and other viable options. Each of these plans offers specific advantages, of which our Benefits Consultants can explain in greater detail to see which is most appropriate for our clients.
Benefits Administration Technology
Organized and optimized communication is a central aspect in keeping a benefits program operating smoothly and as intended. The technology-backed solutions provided from BBG’s Benefits Administration Technology service support both employers and employees together.
Our Benefits Consultants can help our clients to use our Benefits Administration Technology solutions to target any particular administrative issue and organizational communication with regards to compliance documentation, warehousing of data, and enrolling in benefits online. Importantly, our mobile platforms help to reduce additional expenses by supporting efficient benefits administrative operations—while gathering pertinent data that is useful in assisting employers through each of the critical decisions they need to make.
In the same way, our Benchmarking Analysis service will allow a business to analyze what it is offering versus what competitors have on their employee benefits plans. Our clients can then use the information to remain competitive through meeting or exceeding the level of overall compensation strategies that the competition is using to attract their high-level talent.
Benchmarking analysis is also a significant component in identifying any areas of concern within a business’ existing benefits package. BBG’s Benefits Consultants offer valuable insight on the trends for each employee benefit, including: Dental Plans, Health Care Plans, Dental Plans, Vision Plans, Paid-Time Off, Outsourcing, Human Resource Policies, and much more.
Custom Open Enrollment Communication
The process of open enrollment often results in several moments of confusion for HR and employees alike. Administrative requirements are sometimes known to be difficult to effectively communicate to each and every employee. It might otherwise be quite burdensome for an HR department to correctly track and store all of the required documentation for employees.
BBG’s Benefits Consultants can help business organizations in Ashburn, VA to simplify and organize the open enrollment communication process. We will work closely with our clients to develop and provide easy-to-understand instructions as a part of an overall benefits marketing campaign.
BBG is completely committed to ensuring the best practices for our clients. Our Benefits Consultants will reach out to our Ashburn, VA clients far ahead of the benefits renewal deadline. To this end, we will review the current package and discover whether any of the benefits should to be enhanced during the renewal stage. BBG’s Benefits Consultants will analyze whether there have been any significant changes in a company over the past year that could require these modifications to the future employee benefits package.
In addition, during the Pre-Renewal Planning stage, we take this time to evaluate feedback in order to consistently provide the best service to our valued clients.
Flexible Spending Accounts
We can also help to implement Flexible Spending Accounts. These FSAs, also known as Flexible Spending Arrangements, are special accounts employees can use to save money to take care of out of pocket healthcare costs through the course of a year. As such, these accounts will simplify the process of reimbursement with deposits made into FSAs are made with pre-tax dollars. A business can use them to further motivate its employees by making or matching contributions to FSA accounts, in order to demonstrate know how their employees’ overall health and wellness is being sincerely considered.
Our Benefits Consultants will help our clients to understand the different needs of employees, and educate them on everything they need to know about FSAs in order to decide whether to open this type of account.
BBG provides COBRA Administration services to businesses in Ashburn, VA. There’s more to COBRA than meets the eye. To this end, a business must know the timelines for providing notices, plan change statements, late payment statements, underpayment statements, early termination notices, and event election notices that are related to COBRA.
If a business has 20+ employees, Our Benefits Consultants can discuss COBRA Administration. We can also help ensure compliance with COBRA rules and requirements, while keeping track of the COBRA information relating to every current and former employees.
This federal health insurance program provides basic protection against certain healthcare-related costs. Although it does not cover medical expenses in their entirety and totally ignores long term care, it is still useful for helping people over the age of 65, and others who have certain disabilities and medical afflictions.
We can help our clients to fully understand Medicare, including the benefits it provides, and how to comprehend and navigate the issues associated with this program. This way, employees can have the information they need to ensure they are well prepared for health care during retirement.
Consumer Purchasing Guidelines
Our Benefits Consultants can guide a business with regards to the breakdown of every employee benefit plan it is considering to offer. As a business grows, it will need to figure out how different rating systems work and specifically who will pay for every benefit provided to employees. This way, our clients will be in a better position to decide which plans are ideal for the company. BBG’s Benefits Consultants can provide the expert advice our clients need with decision making and analysis to ensure they are confidently headed in the a successful direction.
Advantages of Our Ashburn, VA Benefits Consulting
BBG’s Benefits Consultants assist businesses with all aspects of employee benefits.
They will provide a wide variety of exceptional benefits plans which can result in employees developing a greater sense of loyalty and commitment to the company along with an increase in the rate of employee retention. An investment in the well being and peace of mind of employees can support a more productive workplace. However, we believe that the main reason why a business should choose to use our Benefits Consulting services relates to the relationship between a company and its valued employees.
BBG’s Benefits Consultants assist businesses with all aspects of employee benefits.
Consolidating each element involved with offering a great employee benefits package may seem somewhat intimidating at times. BBG’s highly regarded Benefits Consultants make navigating even the most extensive benefits package into an easy to understand process—while always working to reduce any stress businesses may have as we utilizing cost-effective solutions. BBG’s Benefits Consultants assist businesses with all aspects of employee benefits.
Overall, BBG’s goal is for employees and employers to access the benefits consulting resources they require so they can remain competitive and successful in their markets well into the future.
Licensed, Qualified, Experienced Consultants
Our Benefits Consultants are fully licensed, highly experienced, and very qualified to provide the services BBG specializes in. Our Benefits Consultants are always ready to answer any question our clients might have about employee benefits—including but not limited to how to structure them, why they will prove beneficial to the company, and why it should to offer any particular benefit. Our clients can relax with peace of mind, knowing that the best guidance is being provided regarding their employees’ benefits. Given the excellence of our track record as well as the decades of benefits consulting experience BBG have in the industry, we look forward to helping our new and existing clients to get the most out of their employee benefits packages.
Request a consultation with the professional benefits consultants at Business Benefits Group to get started and improve your employee benefits plan.Speak To A Benefits Consultant