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Benefits administration is the process of managing an employee benefits plan for a specific organization. The human resources department is generally tasked with managing a company’s benefits packages and enrolling new employees in established plans. This is a vital duty for HR professionals, as a company’s benefits offerings can make a big difference in attracting new hires and keeping existing employees engaged. For a business looking to create a competitive benefits program, some key considerations include:
Automating as many benefits functions as possible to reduce labor costs
Ascentis' powerful hr software can help you with all of your benefits administration needs.