How Benefits Fits Your Business.
1. Experience
Your Workzoom Coach will seek to understand how you do business while demonstrating Workzoom’s functionality and how it can be fit to suit your needs.
What are the greatest challenges you face with benefits administration?
How do track enrollment, eligibility, and benefit options?
Validate the benefit deductions, taxable benefits, and employer paid premiums in pay processing on pay stubs
2. Collaborate
The success of Workzoom depends on you and your team communicating with your Coach! To make the most of Workzoom we will work together to:
Understand your organization’s benefit eligibility and applicability rules
Articulate the types of plans offered
Understand employee/employer contribution rules
Determine the different type of enrollments (open, life events, and ad hoc enrollments)
3. Achieve
After fitting Workzoom to you, you will be able to:
Validate and maintain benefit plan members and rates in benefits plan(s)
Upload, publish and maintain benefit plan resources
Report on view benefit participation details
Maintain new hires and update employee benefits in appropriate benefit plan(s)
Maintain benefit plans in one central location
Employee and employer deductions are calculated and flow to employee pays for processing
All Benefits Features.
Ad hoc enrollments
Initiate ad hoc enrollment events for employees who need to change their benefits outside of the annual enrollment window.
Automated waiting periods
Automate waiting periods for plan eligibility and enrollment including waiving of benefits and EOI.
Benefit carrier integration
Integrate with carriers to simplify enrollment updates (carrier approval required).
Benefit plan administration
Review benefit enrollments, administer rate changes and add new hire enrollments.
Benefit rate maintenance
Update and maintain effective dated plan rates.
Disability insurance plans
Define and manage short and long term disability insurance plans.
Evidence of insurability
Require and collect evidence of insurability as part of the enrollment process.
Flex benefit plans
Define and manage flex benefit plans.
Health insurance plans
Define and manage health insurance type benefit plans such as medical insurance, vision and dental.
Life/AD&D insurance plans
Define and manage Life Insurance and/or Accidental Death and Dismemberment plans.
Open enrollment periods
Initiate open enrollment periods for eligible employees.
Plan comparisons
Provide employees plan comparisons during the enrollment process.
Qualifying life events
Provide employees the ability to notify you of qualifying life events through self service (e.g. becoming a parent, marriage, divorce, moving etc.).
Retirement plans
Define and manage RRSPs, 401Ks, and Pension plans.
Spending accounts
Define and manage various Spending Accounts.
TFSA plans
Define and manage TFSA plans.
Workflow-driven enrollment
Guide employees through a clear automated process to update their benefit elections.
All Benefits Insight.
Benefit premium costs
How much is the benefit package costing my organization?
Eligible employees not enrolled
Who are eligible for benefits, but not enrolled?
Employee benefit deduction costs
What are employees paying for benefits each month?
Employer benefit costs
What is the organization paying for benefits each month?
Enrollment comparison over time
How does the enrollment compare to last year? Last quarter?
Enrollment progress
Where are employees at in their enrollment events? Who has not completed their enrollment?
ER & EE cost comparison over time
What is the employee and employer benefits spend month over month, or year over year?
Fringe benefit costs
How much are fringe benefits costing?
Fringe benefit recipients
Who is receiving fringe benefits in the company?
Optional plan enrollment
How successful is the offered benefit package?
Outstanding evidence of insurability
Which employees have outstanding evidence of insurability?
Participant enrollment details
Who is enrolled and for what plan/coverage, amounts, dependents, beneficiaries?
Plan enrollment
Who is enrolled for each plan? How popular is the plan?
Qualifying life event changes
What life events have our staff recorded that impacts benefit enrollment? Over time? Compared to last year?
Waived enrollments
How many staff chose to waive benefit elections?
Waived waiting period
Who in the organization had the waiting period waived?
Book your live demo.
Experience Workzoom live! Get your questions answered and learn how we’ll work with you to fit the solution to your needs while ensuring you see value right away.