Employee Self-Service: Benefits - Open Enrollment

Employee Self-Service: Benefits - Open Enrollment

Employers can offer their employees the opportunity to enroll for benefit plans. These plans are usually intended to provide employees with social security or long-term capital formation. This scenario describes how an employer can offer its employees such benefit plans and how the employee can enroll in them.
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Business Benefits
Greater process transparency for employees
Employees see overview of their benefit enrollments immediately
System supports employees in their planning
Faster flow of internal business processes
Increased employee motivation through greater responsibility
User-friendly portal application
Employee
Employer
Choose benefit plans
Simulate effects of the selection
Send selection of benefit plans
Offer benefit plans
Manage benefit plans enrollment
.
Business Benefits
Costs are saved by reduction or elimination of administrative overhead
Usage of the HR system by all employees ensures greater use and increased ROI
Internal business processes simplified
 

Employee Self-Service: Benefits - Open Enrollment

To remain attractive for highly qualified employees, a company must provide comprehensive and cost effective benefits.

Internal business processes like enrollment in benefit plans, change or termination of benefit plan participation are reasons for high administrative overhead in personnel departments and for employees.

Employee Self-Service contributes to the optimization of the business processes, which helps companies to reduce administrative overhead and save costs.

Among others, a company gains the following advantages from using Employee Self-Service:

 

  1. Enrollment in benefit plans, change or termination of benefit plan participation are carried out online. This eliminates paperwork and manual data entry in the personnel departments.
  2. Employees can simulate the effects of their benefits selection. This supports employees in their planning, saves their time and avoids discussions with benefits experts.

The process begins with the employer's defining the possible benefit plans for the employees and offering the employees online enrollment in these plans.

The employees choose the benefit plans they would like to enroll in from those offered. Employees can define certain conditions for enrollment themselves. For example, they can define within certain limits the amount of a given life insurance, or decide whether family members should also be insured with a health insurance.

In addition, employees who are already enrolled in a benefit plan can change the conditions or close enrollment.

By simulating the effects of the enrollment, employees can obtain information about relevant parameters of their selection and whether their selection adheres with the current regulations. This selection and simulation can be repeated as often as required.

The employee submits the completed selection to the employer, who performs all the subsequent activities resulting from the employee enrollment.