Vorex.

Benefits Management

The Benefits Management portal gives your organization the ability to define an unlimited number of Health, Dental, Vision, Short Term Disability (STD), and Long Term Disability (LTD) benefit programs. The module also allows defining a non-health related benefits, such as 401K programs and allowances.

To accommodate to your different business needs, the Benefits Administration module allows you to make a benefit available to all your employees, or restrict certain benefits to specific job grades or geographical locations.

Centralizing your benefits program gives you a clear understanding on your entire benefits program, number of enrollees, and the actual company cost of your benefits program. Predefined reports will show you financial and enrolment figures broken down by benefit program, location, job grades, or even by department.

Benefits Administration Key Features:

• Benefits database: Define and store your company’s benefit program in one convenient and secure location.
  
• Financials: Analyze benefit cost, employee contribution, and actual company cost for each benefit.
  
• Self-select (open enrolment): Allows your HR department to unlock the benefits section so employees make changes during open enrollment periods.
  
• Benefits summary: Provides your employees with benefits information, reducing the phone pressure on your HR department.
  
• Region specific: Offer different plans based on your employees’ geographical location.
  
• Self trigger: Define an eligibility waiting period for new hires before plans take effect.
  
• Real-time reports: Powerful real-time reports provide dozens of useful pre-defined reports and graphs.