Benefits: Everything In One Place

If there is one thing we can all agree on, benefits and healthcare packages offered to employees can often be confusing. Trying to find solutions to make both the employer and employees life easier can feel like a full time job. Which is why we are excited about a solution for your business where your employee benefits can be found all in one place.

But one thing remains apparent: employees are dissatisfied with their jobs and often times the benefits that come with them. According to a report, 4.2 million Americans quit their jobs in October. At the moment, there are more job vacancies than unemployed persons. Thus employees are now picky about where they want to work.

This all ties into the benefits packages they will get from companies and businesses. According to a Glassdoor survey, 60% of people agree that benefits are a significant factor in deciding to accept a job offer. Another interesting fact in that survey is that 80% of current employees will prefer additional benefits over salary increments, all things considered.

This brings us to the question: are you doing everything right to keep your current employees at your business? Is your business positioned to attract top talents with a better benefits program while seamlessly managing complex HR functions?

Introducing CalmHR

CalmHR is an innovative and integrated HR service specially designed to help employers and employees take care of their HR needs. CalmHR streamlines comprehensive HR tools and procedures to protect your business while promoting operation continuity and providing concise understanding for employees. 

More often than not, HR policies are too complex for employees to understand. That is what CalmHR seeks to redress by providing simplified HR modalities and excellent benefits program. Some of these benefits CalmHR delivers include: 

Health Insurance

Emphasis on health has been paramount since the global pandemic happened. However, expenditure on healthcare has increased over the years. Currently, Americans spend more on prescription drugs than the rest of the world combined. It is not surprising to see top talents looking out for businesses with benefits such as healthcare insurance. 

Incorrect assumptions have been made in most insurance packages due to a lack of transparency in the system. Faulty assumptions result in an overpriced package, poor health outcomes, a loss for businesses and ultimately frustration all around. 

However, CalmHR provides a simplified program that includes access to experts, recorded webinars, FAQs, communication plans, and support documentation tailored to your specific business. A one stop shop for all benefits in one place. 

Some of the healthcare insurance packages include: 

• Life and disability insurance
• Vision and dental insurance
• 401(k)
• Commuter benefits
• Wellness perks
• Flexible Spending Accounts (FSAs)
• Health Savings Account (HSAs)
• Health Reimbursement Arrangements (HRAs)

CalmHR’s worker compensation program is specially designed to protect your business from an insurance loss. It also promotes integration and awareness across your entire organization through its user-friendly platform. 

You have access to support, resources and take care of open enrollment to simplify this process. 

Retirement Plan/Support

CalmHR also provides specialized PEO retirement solutions for your employees. More so, they ensure the fiduciary obligations of your employees are reduced by assigning responsibilities to their retirement experts. 

CalmHR allows you to focus more on your business, and as a result of their work knowing that your retirement plans comply with federal, state, and local regulations. They also carry out annual compliance tests to reduce liabilities and losses. In contrast to the status quo, the ability to have all benefits in one place allows your employees to perform their tasks with peace of mind and a potential sense of belonging. 

Some of the retirement support includes: 

• Maintain & Sign Plan Documents
• Prepare & Sign Form 5500s
• Process Distributions & Loans
• Determine Eligibility
• Deliver Required Notices
• Contribution Rate Management
• Calculate, Track Vesting
• 1099-R Reporting
• Select Investment Lineup
• Monitor and Update Investments
• Provide Investment Reviews

Executive Benefits

Top talent who are not appreciated for their effort become dissatisfied over time. Consequently, this can often lead to increased turnover. CalmHR offers comprehensive solutions to reward and retain your top-performing workers. 

Some of the features on the platform include: 

• Recruitment and retention of key executives
• Disability benefits to age 70 without a medical exam
• Enhanced medical plans for as many or as few employees as you choose
• Reward key employees with executive benefits
• Reduced out-of-pocket expenses with flexible benefit schedules
• More life insurance without a medical exam

Better Payroll System

Keeping up with employee taxes and regulations regarding payroll can be an exhausting experience. However, with CalmHR it will be a thing of the past. For instance, by hiring CalmHR they will help document and file your payroll taxes, 1099, and W-2 paperwork. 

The platform provides you a breakdown of your company’s financial responsibilities, along with accurate data on your spending hours, deductions, benefits, and many more. 

You can also get the resources and support needed to remain compliant with regulations. With the CalmHR platform, you can: 

• Set up bonuses, commissions, or reimbursements
• Automatically track PTO
• Pay employees across America
• Direct deposit system

The platform is also mobile-friendly, so you can carry out these unique solutions even when you are on the go. HR management does not have to be a hectic experience since there are better options out there. When your work with CalmHR, your HR problems are over. You can schedule a meeting with a consultant to learn about their benefits programs and packages. 

CalmHR Manage to Zero™

CalmHR recently launched their Manage to Zero™ Program. This new program allows businesses to stand out from their competition as a result of investing in their employees. In addition to having employee benefits all in one place with CalmHR you can also offer them a solution that reduces any costs after their premiums to ZERO.

Features

Your employees will pay ZERO:

• Deductible (Individual & Family)
• Out-of-Pocket Maximum (Individual & Family)

There are NO Copays for:

• Professional Services (PCP, Specialist & Preventative Care)
• Hospital Services (Inpatient Only)
• Prescription Drugs (All brands including specialty)

To summarize, your employees get potentially the best benefits possible for no cost above their premiums.

Conclusion

In conclusion the business world has been greatly disrupted over the past few years and with these disruptions comes change. To stand out above your competition you must also be competitive in regards to benefits packages. Therefore, what you offer your employees and how simple or difficult the process can have lasting effect on how they view your business.