Rethinking Online Benefits

Abstract

In the face of an economic downturn, the arguments for the adoption of online benefits solutions are considerable. Unless already deployed, implementing these solutions should appear high on every HR manager’s list of initiatives for 2002. Benefits and HR managers already recognize these solutions as timesaving. But these solutions also bring process efficiencies that lead to increased employee benefits knowledge and increased employee satisfaction with their total compensation package. To sell their company on an online benefits communication, enrollment and administration solution, benefits managers and HR executives need to leverage the significant savings these solutions ultimately can contribute to the organization. These savings become key selling points for gaining acceptance and support for Internet benefits among an organization’s senior management. With the proper return-on-investment discussion with your CFO, your HR organization can easily be administering benefits online in 2002.