Employee Benefits Administration Software


Employee Benefits Administration system is a selection of software that Human Resources personnel, Managers and the employees use in the management of all the work place benefits that are applicable to an organisation.

Workplace or Employee Benefits refer to any type of non-wage compensation that is provided to employees in addition to the normal salaries or wages.

These can be: Fringe Benefit - anything extra to salary; Ancillary Benefits - commonly health insurance covering smaller medical expenses; Voluntary Benefits - those offered by the employer, but, paid for by the employees through salary/wage deductions and Statutory Benefits - those that are required to be provided as per the law of the land.

Common types of employee benefit administration software are:

Key reasons for using these types of software:

While the Covid pandemic may have eased, and workers have started streaming back to offices, the entire employer-employee chemistry has changed. And, organisations need all the help that they can get, especially from specialists like Jaivam Life, a digital transformation consultancy and software development company, who can provide exceptional HR tools for a fast growing company.