Business Benefits Group (BBG) specializes in providing benefits consulting services to businesses in Sterling, VA. The businesses we serve in Sterling, VA can be sure that BBG’s professional Benefits Consultants have the experience, expertise, knowledge, and enthusiasm to craft an employee benefits program for the company—one that will continue attracting and retaining the talent needed to remain growing and successful.
Understanding Employee Needs
BBG will help our clients to better understand their employees and their varying financial and healthcare needs. Employers can go beyond just the standard employee benefits by taking extra steps to secure their future and ensuring their job satisfaction.
For instance, it is clear that employees need financial security and proper health care. They also need to know that their employer will allow them to take time off work to be with their families and go on vacation. Similarly, employees have to ensure that they are well prepared so they will be able to maintain their current lifestyle once they have retired. A generous benefits package really can make all of the difference.
Our Benefits Consulting Services in Sterling, VA
To decide which employee benefits a business in Sterling, VA is going to offer, we will help our clients understand the full range of wants and needs their employees have. In addition, we will guide our clients in the structuring of attractive benefits plans offered by the company. From planning all the way through to implementation, our clients can count on BBG’s professional Benefits Consultant to set up and maintain cost effective employee benefit programs for the business through the following services:
Building Benefits Packages
BBG’s Benefits Consultants specialize in building employee benefit programs for our business clients, including comprehensive plans that cover dental, vision, and all health care benefits. By offering comprehensive plans to employees, they will feel appreciated, secure, and in the long run, they may prove to become more motivated and productive for the company’s mission.
Our experienced Benefits Consultants will also analyze Sterling, VA businesses’ current programs to see whether there are other options that can be added to enhance the overall impression of employee benefits packages—to get the most out of them while simultaneously keeping costs as low as possible.
Benefits Administration Technology
The technology-backed solutions provided from BBG’s Benefits Administration Technology service are designed to benefit both employers and employees in Sterling, VA. BBG also provides Benefits Administration Technology to narrow the gap between a company and its staff. We will also make it easy for everyone to access the benefits information provided by our clients.
Our Benefits Consultants can help our clients to use our technology-backed solutions to highlight any administrative issue as well as organizational communication with regards to enrolling in benefits online, warehousing all of the data, and essential compliance documentation. Importantly, BBG’s mobile platforms assist in reducing additional expenses through benefits administrative operations—while gathering all of the useful data that assists employers through each of the important choices they may have to make.
BBG’s Benchmarking Analysis service will allow a business to analyze and compare what they are offering to what similar competitors have on their employee benefits plans. Our clients can then use the information to remain competitive in the marketplace by meeting or exceeding the compensation and benefits offered by competitors in order to attract and retain the top talent needed to remain stable, growing, and profitable.
Custom Open Enrollment Communication
The open enrollment process would normally entail a plethora of paperwork. Employers will need to explain the benefits offered to employees, and BBG can work closely with our clients with open enrollment through developing a custom-tailored benefits marketing campaign designed to communicate everything employees need to know. Our Benefits Consultants will use our Benefits Administration Technology solutions to track and store all required documentation involved through the process.
As professional Benefits Consultants for businesses in Sterling, VA, we help our clients to renew their employee benefits program months ahead of the renewal deadline. We will review the current packages and find out whether it needs to be altered or enhanced during the renewal stage. BBG will also take this time to request any review any feedback regarding the services we provide during this time period. We will, in addition, find out whether there have been changes in the company over the past year that would require any modification to the existing employee benefits package.
There’s more to COBRA Administration than meets the eye. To this end, a businesses 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 an organization has 20+ employees, BBG can provide COBRA Administration. We can also help ensure our clients fully comply with COBRA rules and requirements, while keeping track of the COBRA information relating to all current and former employees.
Flexible Spending Accounts
We can also assist businesses in implementing Flexible Spending Accounts (FSAs) Also known as “Flexible Spending Arrangements,” these are special accounts employees can use to save money to take care of out of pocket healthcare costs. As such, these accounts will simplify the process of reimbursement. The deposits made into FSAs are made with pre-tax dollars, meaning that employers can use them to further motivate employee because they are more flexible than normal savings accounts.
Employers have the option of making or matching contributions to the FSA accounts opened by employees to let them know how their employer truly cares about their overall health and well-being. By working together with BBG, businesses will understand the different needs employees have, while learning more about whether an FSA program is appropriate and using this information to decide if employees should open these type of accounts.
We will advise our clients on the plans that will serve the needs of our client’s employees in the best way possible. Additionally, we will help businesses to understand the differences between Self-Funded and Fully-Funded plans, and useful advice on the pros and cons of health networks such as HRA, HMO, POS, HSA, PPO, etc. Each of these plans offers several distinct advantages which our Benefits Consultants can explain in detail.
Consumer Purchasing Guidelines
BBG will also help businesses in Sterling, VA understand the benefits they are going to offer and specifically, who will pay for these benefits. This way, businesses will be in a more informed position to understand which plans are best for the business overall, and its valued employees. BBG can provide the expert advice businesses need with comprehensive analysis and decision making to have confidence in the successful direction they are heading to.
Established in 1965, Medicare is a 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 an employer might know—such as what is covered, and how it can benefit employees. Our professional consultants will help our clients to 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.
Licensed, Qualified, Experienced Benefits Consultants
Each one of our Benefits Consultants is licensed, experienced, and highly qualified. Therefore, when businesses work together with us, they can easily take misinformation and guesswork out of the picture and relax with peace of mind.
This way, our clients will be better placed to focus their entire efforts on being more successful as a business venture instead of having to spend more time and resources on HR. After all, we advise our clients on the most effective benefits to provide for employees in the most efficient ways. Our proven track record and successful industry experience will also allow our clients to feel more confident in the decisions they can make with regards to everything relating to employee benefits.
Advantages of Our Sterling, VA Benefits Consulting Services
As Benefits Consulting professionals for businesses in Sterling, VA we understand what employees need and how our clients can provide it. We also have a unique perspective on businesses and what they ought to do about these needs to assuage employees thereby retaining them, and attracting those they wish to bring into the company.
From the perspective of the typical employee, most potential candidates will want to determine whether a company is a good place to work. By offering quality employee benefits, businesses can enhance the morale and motivation of employees. This will lead to a more productive and highly committed workforce.
As a full-service Sterling, VA benefits consulting firm, we will help our clients become more acquainted with different employee benefits plans, and everything that is involved in the process. Our experienced Benefits Consultants will make it easy to navigate the benefits landscape. Additionally, we will support our clients’ employee benefits initiative along every step of the way—from planning through to implementation and to year-round ongoing support.