Full-Suite Employee Benefits Management
Comprehensive Employee Benefits Programs
A successful employee benefits program requires expertise, strategic planning, and precise execution. At NextGen Payroll, we provide a full suite of services designed to maximize the value and competitiveness of your employee benefits package. Our comprehensive approach includes benefit and renewal planning, carrier rate negotiations, compliance assistance, employee communication, and cutting-edge benefits administration technology. Our team of experts, powered by Nester Insurance, combined with a vast network of vendors, ensures that your benefit strategy is effective today and scalable for future growth.
Alternative Funding Solutions
In today’s market, there are numerous funding strategies available for businesses of all sizes. With our deep knowledge and expertise, NextGen Payroll can help you explore if an alternative funding model is right for your workforce’s unique demographics and benefits utilization. The right strategy could lead to significant cost savings and greater transparency, all while maintaining high-quality benefits for your employees.
Small Business Employee Benefits
Navigating group health insurance as a small business can be overwhelming, especially with the complexities introduced by the Affordable Care Act (ACA). Compliance regulations, wellness programs, tax products, and pricing variables make managing benefits a full-time job. At NextGen Payroll, we simplify the process by helping you design a benefits program that fits your company’s needs and budget.
Ancillary Benefit Programs
Well-designed ancillary benefits can help employees bridge gaps in coverage, often at rates much lower than what they would find on their own. By offering products such as critical illness insurance, hospital indemnity insurance, life and disability insurance, dental and vision insurance, and other wellness-focused benefits, your company can boost employee morale and productivity. These programs contribute to a positive workplace environment, increasing efficiency and employee satisfaction—key drivers of business growth and competitiveness.
Renewal Marketing & Strategic Planning
The annual benefits renewal process allows businesses to review and optimize their group benefit programs. NextGen Payroll starts the preparation months in advance, conducting a detailed review of market trends, new product innovations, and your company’s evolving goals. We negotiate with leading carriers to secure a benefits package that meets your financial needs and your employees' specific demands, ensuring that your renewal process is strategic, timely, and effective.
Health Care Reform & Compliance Guidance
Keeping up with ever-changing regulations can be burdensome, with stiff penalties for non-compliance. From Affordable Care Act (ACA) regulations to IRS requirements, NextGen Payroll offers expert compliance guidance to help your business stay on track. We regularly review your processes to ensure compliance, allowing you to focus on business growth while we manage the complexities of healthcare reform.
Consumer-Driven Administrative Services
Implement consumer-driven administrative services like health savings accounts (HSAs), flexible spending accounts (FSAs), health reimbursement accounts (HRAs), and premium-only plans (POP) to enhance your control over employee benefits and reduce rising insurance costs. These services offer flexibility and cost control while also reducing tax penalties.
Our partners can also assist with compliance-related tasks, including COBRA administration, 5500 preparation, 1094/1095 filings, nondiscrimination testing, and ERISA compliance, ensuring your business is protected from costly errors and penalties.
Maximize the Value of Your Employee Benefits
At NextGen Payroll, our employee benefits solutions are designed to enhance your company’s competitiveness and employee satisfaction. From alternative funding models to compliance support, we help you design, implement, and manage a benefits program that meets the evolving needs of your workforce.
Why Choose NextGen Payroll?
Flexibility & Control
Our ASO model lets you choose the services that fit your business needs. Whether you’re looking for payroll processing, benefits administration, or complete HR outsourcing, NextGen Payroll provides a custom solution without sacrificing control over your workforce.
Scalable Solutions
As your business grows, so do your HR and people needs. NextGen Payroll’s scalable solutions ensure that your HR operations, from employee onboarding to performance management, stay efficient and compliant as you expand.
Boost Efficiency
Our cloud-based HCM technology ensures seamless integration across HR functions, reducing costly errors and minimizing compliance risks. Save time, stay compliant, and improve employee engagement—all while focusing on your business's core goals.
Comprehensive Payroll, Tax, HRIS & HCM Software
Our payroll, tax, HRIS, and human capital management (HCM) platform, isolved HCM, powered by PNI, offers a streamlined experience that automates the entire payroll process.
- Recruiting, Hiring & Onboarding
- Payroll & Tax Compliance
- Time Keeping
- Performance Management
- Learning Management
- Benefits Administration
- ACA Compliance
- Standard & Predictive Reporting
HR Advisor & Managed Payroll Services
Our Managed Payroll Services handle the entire payroll process for businesses without a dedicated payroll specialist, ensuring accuracy and compliance while freeing you up to focus on other important business tasks.
Our certified HR Advisors are experts in ensuring HR compliance, offering proactive audits and guidance. With an HR Advisor, you’ll stay on top of changing regulations and maximize the potential of your isolved HCM system.
Combine these services with our Managed Benefits, powered by Nester Insurance, for a full ASO experience.
Full-Suite Employee Benefits Management
A successful employee benefits program requires expertise, strategic planning, and precise execution. At NextGen Payroll, we provide a full suite of services, powered by Nester Insurance, designed to maximize the value and competitiveness of your employee benefits package. Our comprehensive approach includes benefit and renewal planning, carrier rate negotiations, compliance assistance, employee communication, and cutting-edge benefits administration technology.
- Self, Level & Fully-Insured
- Ancillary Benefits
- Renewal Marketing