Business Benefits Group (BBG) provides comprehensive Benefits Consulting services for business organizations in Chantilly, VA. We have been providing outstanding Benefits Consulting services to organizations of all sizes for over 20 years now which help our clients to strategically attract and employ the key personnel they need to help them successfully achieve their business goals and objectives.
Understanding Employee Needs
Every employee has financial resources and healthcare concerns. They want to know that they are secure for when something could go wrong in their family’s lives. Employees need assurances that they are capable of maintaining the lifestyle that they are accustomed to when it is finally time to retire. Strong benefits plans enable employees to have confidence in their ability to remain secure, and often help to reinforce their ability to fully focus on performing their best work. In many cases, employees need their benefits options explained in detail so that they understand the full value of their benefits.
Our Benefits Consulting Services in Chantilly, VA
It is important to consider the entire range of employee needs so businesses can make the well-informed decisions necessary to keep employees motivated and productive to ensure the success of the business. As the premier Benefits Consultants for businesses in Chantilly, VA, we understand how employees are more likely to reciprocate their appreciation of their comprehensive benefits packages. To make this happen, we will help to set up plans that are likely to attract and retain competent employees. BBG’s Benefits Consulting services, include:
Building A Benefits Package
Our Benefits Consultants will help to develop and strategic benefits packages that businesses are looking for. There is substantial research to indicate that by offering all-inclusive benefits packages, including ones that cover dental, vision, health, and other necessities, they will return the favor by working more productively.
BBG’s expert Benefits Consultants will analyze the benefits a business is already offering to employees so we can discover if there is anything that could improve upon the overall benefits package in the most cost-effective manner.
Businesses can count on our highly experienced Benefit Consultants to provide the clear advice needed to understand the plans that will best serve the needs and requirements of employees and the business as a whole. As an established Benefits Consultants, we will provide detailed information in order highlight the differences between fully-funded and self-funded plans, and the distinctions between many health plans like PPO, HSA, HRA, POS, HMO, and more. BBG is great at providing the knowledge businesses need to make smart decisions.
We always help our clients review and renew their benefits packages. To this end, our experienced benefits consultants will get in touch with your firm months before you need to perform such renewals. They will also review your current package and find out whether you wish to modify or enhance your current place during the renewal process. By the time we are done, you will have a fresh employee benefits package that will prove advantageous both to your staff and to your company.
Flexible Spending Accounts
BBG offers sound advice on how to implement FSAs (Flexible Spending Accounts/Arrangements). FSAs are special accounts that your employees can have to use pre-tax money to address out of pocket healthcare related costs. Employers have the option of contributing to FSAs as a generous employee benefit. Since FSAs provide flexibility, businesses are more likely to get employees excited about this type of benefits offering. Our Benefits Consultants will help businesses in Chantilly to understand if FSAs are appropriate at this time or for the future.
Once a business has reached over 20 employees, many can find themselves wanting someone to manage their COBRA Administration. BBG can do this and much more, including providing timeliness for providing late payment statements, COBRA notices, event election notices, underpayment statements, early termination notices, plan change statements, and other aspects of managing a pool of employees well.
Our Benefits Consultants can provide businesses with the oversight necessary to ensure compliance with COBRA. As a result, businesses will be able to keep track of all COBRA information for both current and former employees. Similarly, our experienced Benefits Consultants will help businesses to educate its staff on COBRA-related issues which will lower the risk for non-compliance fines.
Established in 1965, Medicare is the health insurance program that provides basic protections against costs related to health care. Although it won’t cover medical expenses in their entirety, it helps people who are 65 years or older, plus people who have certain disabilities and permanent medical afflictions.
There is more to Medicare than businesses might be aware of—such as what is covered, and how it can benefit your employees. Our professional Benefits Consultants will help you navigate and understand the issues associated with this health insurance program. We can also help employees enroll for it so they are better prepared for their retirement.
Benefits Administration Technology
Through our employee benefits administration technology, you will have ideal solutions to structure your staff benefit plans. You can also use the technology to bridge the information and communication gaps existing in your company. This way, your operations will be more efficient and your employees will have the information they need to choose wisely.
Through BBG’s Benchmarking Analysis service, companies can make effective comparisons between their benefits and those of the similar competitors. Benchmarking lets businesses will know what the competition is offering and how they are able to attract and retain key talent in the industry. With our thorough analysis, businesses will be better placed to offer better benefits so that draw the level of talent they’re looking for.
Custom Open-Enrollment Communication
Businesses often encounter some confusion when attempting to highlight the what is involved in the benefits open-enrollment process. BBG can help to mitigate these challenges of tracking and storing the appropriate documentation required from every employee. BBG helps to streamline the entire process through providing custom-tailored communications to employees. When a business begins an open-enrollment, our Benefits Consultants can provide support with by planning a benefits marketing campaign which gives employees ample time and opportunity to review the options they have available in order to make these critical decisions ahead of an enrollment date.
Consumer Purchasing Guidelines
BBG is glad to help employers understand each and every one of the employee benefits programs recently set up. This way, they can be fully aware of “who pays for what” and how each of the various rating systems function. Our Benefits Consultants are known for their expert guidance on how businesses can analyze and decide upon the right benefits they need to remain growing and successful.
Advantages of Our Chantilly, VA Benefits Consulting Services
When a business is looking to attract highly qualified talent to add to staff, the potential employee also wants to determine if the company is desirable to work for. By offering high-quality employee benefit packages, organizations can enhance enthusiasm and morale among all new and current hires. This will result in a more committed and productive team of employees who will go to the ends of the world to help their employers achieve its goals and objectives.
Additionally, our Benefits Consultants will develop strategies that will help increase employee retention rates by giving them that extra incentive. Essentially, we do this by showing businesses how to invest in the wellbeing of its staff, leading to happier employees and a more productive workforce. Overall, BBG provides comprehensive support with every aspect of benefits packages—from planning to implementation to year-round support for our valued clients.
Licensed, Qualified, and Experienced Consultants
For over 20 years, BBG has only hired the most qualified and experienced Benefits Consultants licensed in the benefits brokerage industry. Therefore, businesses can rely on us to take all of the misinformation and guesswork out of the picture so it can have an increased capacity to focus on what it does best—providing quality services and products. We will advise businesses on the most effective employee benefits strategies so they can offer the most cost-effective and impactful employee benefits packages.