![]() ![]() Market Mall has lots of free parking including the sought after underground parking in winter, food court, other health care services (Life Labs, chiropractors, denturists, eye care), and convenient shopping. If you park in the underground parking lot you'll find us at the top of the stairs. Guardian Dental Care is located between Market Mall Family Chiropractic and FabricLand. The digitalized age of employee benefits has arrived.Market Mall (2325 Preston Avenue South), Saskatoon, Saskatchewan It’s why a fully-digitalized and integrated HR system is the next frontier for employers seeking greater efficiency and workforce engagement. While using technology for payroll processing is well-established, human capital management (HCM) technologies that integrate benefits administration applications with payroll, talent acquisition, and workforce management platforms are in increasing demand. Importance of benefits technology & integrationĭigitalizing human resources technology is creating a paradigm shift for human resources and employee benefits functions. MORE EMPLOYERS ARE UPGRADING THEIR BENEFITS DELIVERY MODEL TODAY FOR THE WORKFORCE OF TOMORROW The pressure to meet these technological expectations is mounting for employers to expand their benefit offerings all while reining in benefit costs and ensure legal compliance of their programs. ![]() The Millennial generation was the first to be raised on mobile technology consequently, they have different expectations of how their employee benefits should work than previous generations. Tracking, recordkeeping and leave management.īENEFITS TECHNOLOGY, EMPLOYERS ARE ELEVATING ITS STRATEGIC IMPORTANCEĮmployers Most Likely To Rate Technology A Key Benefit Strategy In fact, “expanding the use of benefits technology” has been a top cost-containment strategy the past five years for tasks such as benefits enrollment, eligibility Technology is receiving greater attention due to C-Suite executives’ increasing desire to simplify their HCM functions, including benefits administration. Wish it were easier to learn about and access their workplace benefits THE SHIFT TO DIGITALIZED BENEFITS DELIVERY IS ACCELERATING, 5–10 years in business) that are the most digitalized. The scale of the benefits they need to manage.Īnd while start-ups often use more benefits technology versus mature firms, it is the newer, yet established companies (i.e. Mid-size firms have more digitalized benefits processes compared to smaller ones, due to Those most likely to adopt cloud-based benefits technology are employers who outsource most of their benefits administration, use more than three different vendors, and offer at least three voluntary benefits with payroll deduction.ĬLOUD-BASED APPLICATIONS ENABLE EMPLOYERS OF ALL SIZES TO LEVERAGE They manage employee benefits over the nextįor years, businesses have been migrating technology and data to the cloud many are adopting cloud-based applications for employee benefits management as well. Nearly half of employers indicate that they Of employers report using an external vendor to manage at least one benefits task in 2017 - an 18% increase since 2014. Guardian anytime software#In 2018, more than 150 vendors compete in the HCM tech category, offering systems and software to support core HR, workforce management and talent acquisition for employers of all sizes.ĪS WELL AS NEW VENDORS, OUTSOURCING BENEFITS ADMINISTRATION IS SURGING Not surprisingly, high tech firms often fall into this category as they are increasing outsourcing at a faster rate than other sectors. Among the most likely to increase their level of benefits outsourcing are younger growth companies due to the fact that these firms offer richer benefits to compete for talent based on their anticipated above-average revenue and employee growth. Outsourcing of benefits-related functions increased gradually in the past two decades, but appears to be gaining momentum. ![]() It’s why many employers struggle with siloed systems - new hire onboarding, enrollment, payroll - that lack integration, leading to inefficient and more costly HR/benefits processes as well as a disjointed employee experience. The rapid expansion of benefits technology offers employers a wider range of options however, it also creates confusion about which vendors and capabilities are the best fit for a company’s particular needs. Digital & Integration with other HR Systems and Software Number of benefit plans offered and funding (contributory/employee-pay-all)Ĭurrent Model: Paper vs. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |