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MyStaff Flexible Benefits
MyStaff Flexible Benefits
Coordination. Automation. Reporting.
It simplifies the procedures for enrolling employees in different benefit plans and ensures total transparency on employee costs.
MyStaff Flexible Benefits is a software tool designed for:
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Administration of the catalog of benefits granted to employees
- Defining and managing the types of flexible benefits;
- Configuring company policies regarding employees' eligibility for benefits and validation rules;
- Configuring the rules for performing the hypothetical calculation used in determining the total cost (employee taxes vs. employer taxes);
- Configuring recurring benefits or those generated by personal events in employees' lives;
- Establishing the maximum ceiling of benefits granted to the employee.
- Configuring company policies regarding employees' eligibility for benefits and validation rules;
- Configuring the rules for performing the hypothetical calculation used in determining the total cost (employee taxes vs. employer taxes);
- Configuring recurring benefits or those generated by personal events in employees' lives;
- Establishing the maximum ceiling of benefits granted to the employee.
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Employees' adherence to benefit programs through the Self Service portal
- The possibility of self service enrolling of each employee in a program of flexible benefits depending on preferences and eligibility;
- Communication of eligibility through automatic notifications;
- Configuring the rules for performing the hypothetical calculation used in determining the total cost (employee taxes vs. employer taxes);
- Possibility for employees to view in real time:
- a complete list of flexible benefits they can access;
- the maximum amount available in which the chosen benefits can be included, without exceeding the ceiling;
- the total cost generated by the chosen benefits.
- Communication of eligibility through automatic notifications;
- Configuring the rules for performing the hypothetical calculation used in determining the total cost (employee taxes vs. employer taxes);
- Possibility for employees to view in real time:
- a complete list of flexible benefits they can access;
- the maximum amount available in which the chosen benefits can be included, without exceeding the ceiling;
- the total cost generated by the chosen benefits.
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Managing employee benefit providers
- Maintenance of the supplier catalog;
- Monitoring the quality of services provided
- Monitoring the quality of services provided
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Motivation in accordance with employee performance
- Configuration of performance bonus algorithms;
- Defining annual, half-yearly or monthly campaigns to select the desired benefit packages.
- Defining annual, half-yearly or monthly campaigns to select the desired benefit packages.
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Centralized reporting
- Reporting to the HR department regarding the evolution of the process of joining the benefit programs;
- Reporting to the Payroll department regarding the benefits that will be introduced in the salary calculation;
- Reporting to the Financial - Accounting department with the highlighting of the selected benefits, of their amount and distribution on the cost center.
- Reporting to the Payroll department regarding the benefits that will be introduced in the salary calculation;
- Reporting to the Financial - Accounting department with the highlighting of the selected benefits, of their amount and distribution on the cost center.
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Integration
- Integration of campaigns in salary calculation;
- Recurrent transmission of flexible benefits that need to be taxed to the payroll system, for each employee;
- Connection with performance management systems (CRM, ERP, etc.).
- Recurrent transmission of flexible benefits that need to be taxed to the payroll system, for each employee;
- Connection with performance management systems (CRM, ERP, etc.).
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MyStaff Flexible Benefits features and benefits:
- Offers employees autonomy in choosing flexible benefit packages suitable for everyone's needs;
- Manages the process of joining flexible benefit programs for the entire organization;
- Increasing the commitment and retention of employees by simplifying and automating enrollment in periodic benefit campaigns;
- Provides a complex view of employee involvement in the benefit selection process;
- Facilitates communication with employees.
- Provides total transparency on the budget allocated to each employee / position / department.