Business Benefits Group (BBG) provides reliable and effective Benefits Consulting services to businesses in Centreville, VA. We have been providing these highly impactful consulting services to organizations of all sizes for over 20 years. Through our depth of experience, our clients are better placed to offer affordable benefits packages designed to strategically employ the personnel who will help to successfully achieve their business goals and objectives.
Understanding Employee Needs
Businesses need to consider the needs and wants of its pool of employees before deciding on the benefits it is going to offer. Essentially, employees yearn for adequate healthcare and financial security. They also need to understand nuances between the various options available to them.
In general, employees also want to ensure that they will be able to maintain the lifestyle they have become accustomed to when the time finally comes to retire.
BBG’s Benefits Consultants will help an organization to understand each and every one of these needs and how to plan the right benefits package to take care of these needs. By crafting a respectable benefits plan, employees will know how much their employer actually care about their overall welfare and wellbeing—likely encouraging them to remain productive and dedicated to the goals of the business.
Our Benefits Consulting Services in Centreville, VA
BBG we will take businesses in Centreville, VA through the entire benefits package development process. From planning all through to the implementation of the structure, our Benefits Consultants will provide detailed guidance so that businesses can intelligently make the right decisions. BBG will help set up and maintain affordable and effective benefit programs for businesses. To make this happen, we offer the following Benefits Consulting services:
Building A Benefits Package
BBG will help business in Centreville, VA build affordable comprehensive benefits packages. Research has shown that plans covering dental, vision, health, and other competitive benefits, employees reciprocate the generous appreciation. They will also be more productive and help their employer to achieve its strategic business goals both in the short and in the long-term. BBG’s team of Benefits Consultants can also assist employers in evaluating their current programs in order to discover any plan options that will further improve upon their existing programs, and perhaps eliminating some unnecessary costs.
Our clients can count on our highly experienced benefits consultants to get the clear advice they need to decide on the plans that will best serve the needs and requirements of employees and the company as a whole. As an established employee benefits brokerage firm for Centreville, VA businesses, we will provide education for employers and employees alike to understand the differences between fully-funded and self-funded plans as well as the distinctions involved with the health plans of PPO, HSA, HRA, POS, HMO, and more. This thoughtful guidance will help businesses to have all the knowledge they need to make the right decisions for them.
Benefits Administration Technology
Through our employee benefits administration technology, businesses will have the mobile technology solutions available to ideally structure their administrative issues in order to make improvements to organizational communication in regards to compliance documentation, data warehousing, as well as enrollment in online benefits. This way, mobile benefits platforms cause operations to become more efficient as well as cost-effective, and employees will have the information they need to properly manage their benefits.
Through our benchmarking service, businesses can analyze what they are currently offering, and compare their benefits to competitors’ plans. Utilizing our Benchmarking Analysis service will provide discerning information on what the competition is offering and how they are able to attract and retain key talent in the industry. This way, a business will be better placed to offer the right benefits to draw high levels of talent into the company.
Custom Open-Enrollment Communication
To explain the benefits being offered to employees, employers have been known to encounter confusion and disarray throughout the entire open enrollment process. This is primarily the case when a business needs to properly track and store all the documentation relating to employee benefits. BBG can help to simplify these complicated processes through delivering custom-tailored communications to employees regarding benefits. When it is time for enrollment, BBG can assist in the planning of a benefits marketing campaign that allows employees enough time to review their options in detail to make these important decisions prior to the enrollment deadline.
BBG’s Benefits Consultants reaches out to our clients several months before they need to renew. We will also review a business’ ongoing benefits package and identify whether they would like to modify or enhance the existing plans during the renewal stage.
Additionally, we will find out whether a client has undergone any major changes or transitions within the past 12 months which might warrant adjustments to the current employee benefits package.
Flexible Spending Accounts
If an organization in Centreville, VA is interested in setting up flexible spending accounts (FSAs) for employees, they can count on BBG’s Benefits Consultants to help with understanding and implementing this benefits program. FSAs are known for storing pre-taxed funds which can be used for out-of-pocket healthcare expenses during the course of a year. Employers have the option use this specialized program to enhance a benefits package by choosing to contribute to employees FSAs.
BBG’s Benefits Consultants can manage a business’ COBRA Administration requirements. COBRA is available to employers who have 20 or more employees.
COBRA administration entails a great deal of information and decision making regarding timelines, COBRA notices, early termination notices, underpayment statements, regulatory compliance, and more. We offer employee education on every relevant concern pertaining to COBRA—possibly lowering the likelihood of fines resulting from non-compliance issues.
The health and wellness of employees cannot be overemphasized. BBG provides benefits consulting services related to Medicare for businesses in Centreville, VA. Our knowledgeable Benefits Consultants understand Medicare and how to educate employers and employees on how to use it and apply.
A significant element to preparing for retirement involves understanding and planning for health insurance into the future, and BBG’s Benefits Consultants are well versed in assisting businesses with the complex navigation of the issues associated with Medicare.
Consumer Purchasing Guidelines
Our Benefits Consultants offer dependable guidance through breaking down each element of the benefits package an employer expresses interest in. As a business grows, employers will need to understand the different benefits rating systems, as well as who pays for each benefit. At BBG, our Benefits Consultants are available to help with decision-making process and a thorough analysis as to keep businesses steering in the direction of success.
Licensed, Qualified, and Experienced Consultants
BBG only hires the highest qualified, experienced, and licensed consultants in the benefits brokerage industry. Therefore, businesses can rely on us to take misinformation and guesswork out of the picture so they can concentrate on what they do best—providing quality products and services. Our Benefits Consultants have been guiding businesses on the most effective employee benefits strategies for over two decades, helping our clients to put their minds at ease through knowing they have sound benefits planning advice.
Advantages of Our Centreville, VA Benefits Consulting Services
BBG’s Benefits Consultants provide businesses with comprehensive professional support in structuring highly competitive and affordable benefits packages, and can also offer valuable advice and solutions with each and every one of a business’ benefits questions and concerns. Businesses who choose to work with our Benefits Consultants will be able to eliminate the unwanted confusion and misinformation regarding benefits so they have a clear picture of what lies ahead. Employers working with BBG often tell us how confident they have felt in making an intelligent and informed decision on benefits, and how we have helped them to improve overall operations as well as the noticeable reduction in benefits related expenses.