Something that isn't always understood by employers and human resources department staff members is that anything that a company gives to a worker is an employee benefit. While this term usually refers to things such as health insurance, disability, paid vacations, sick days, retirement funds and wellness benefits, there is one benefit that's often forgotten – pay.
Payment is the original employee benefit, and as such, it falls under the expertise of employee benefit specialists. In addition to their detailed experience working with insurance carriers and benefits providers, benefit advisers can help a company to streamline its payroll model and can even work with an employer to install an efficient online payroll administration service.
Payroll is often a tedious affair that forces employees to fill out dozens of forms and spend too much time waiting in line at the bank. Wages can easily be paid using online payroll systems that make waiting for checks to clear and being uncertain of account balances a thing of the past. Employee benefit brokers have the experience and expertise to set employers up with the best possible system for getting workers their most valued employee benefit – money.
