article thumbnail

Benefits Administration Outsourcing: Might It Be Right for You?

Zenefits

Employee benefits are a major cost for employers, recently accounting for 29.5% If a company doesn’t correctly navigate the maze of regulations surrounding benefits administration , it could face steep penalties and fines. What is benefits administration outsourcing? They also risk making costly compliance mistakes.

article thumbnail

Payroll Administration: What It Is and Why It Matters

Zenefits

1) Hence, efficient payroll administration matters. Payroll administrators facilitate all elements of employee payroll. What is payroll administration? As it pertains to overall business administration, payroll administration is part of a company’s payroll department. The ideal result?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

HR Fast Facts: Getting Started With Health Savings Accounts (HSAs)

Zenefits

If your group offers a Health Savings Account (HSA) eligible plan, you can sign up for an HSA through a benefits administration platform. Usually, only administrators with HR permissions will have access to set up an HSA account. Usually, only administrators with HR permissions will have access to set up an HSA account.

article thumbnail

LSA Global Delivers Executive Team Accountability Session for Healthcare Provider

LSA Global

They wanted to develop a strategic consensus and alignment among the physicians, surgeons, and administrators to help take the team to then next level. Approach To create healthcare executive team accountability, LSA Global: 1. Learn more about getting aligned.

article thumbnail

Lifestyle Spending Accounts: Everything You Need to Know

Zenefits

We’ll shed light on lifestyle spending accounts (LSAs) — a health and wellness benefit that’s been floating under employers’ radar, until recently. What are lifestyle spending accounts and how do they work? A lifestyle spending account is a taxable, employer-funded benefit designed to support employee health and wellness.

article thumbnail

What the Workplace Technology Accountability Act Means for All Employers

Zenefits

So, they proposed bills in their state legislatures to make employers more accountable for digitally “spying on,” or surveilling, employees. California’s Workplace Technology Accountability Act bill. Simplify benefits administration. Simplify benefits administration. Employee data redefined. Answer to see the results.

article thumbnail

Seven Ways To Be A Collaborative Leader

Eric Jacobson

The leader as change agent/catalyst -- You hold team members accountable, make the unpopular decisions, energize the group to action and enable breakthroughs where possible. You also ensure internal coordination of activities among team members. The leader as coach -- You provide support and guidance and you serve as a sounding board.