Benefit Administrator
Create A Robust & Comprehensive Benefits Administration Software Like Justworks By Integrating These Features
Justworks is among the popular HR, payroll, and benefits
administration providers that streamline and grow the
business with agility. This article is focused on enterprise-grade, customized,
and full stack
development of software just like Justworks.
Overview of Justworks
Like any other benefits
administration software, HR, and payroll, Justworks accelerates smaller
businesses leveraging cost savings and efficiencies associated. Like Gusto, ADP
Workforce Now, Paylocity, Rippling, Zenefits, and many others, Justworks allows
easy access to benefits with comprehensive support for employment-related
compliance needs.
Justworks benefits management software streamlines
back-office functionalities so companies can invest their valuable time in
making strategic decisions. Some prominent benefits of using Justworks are-
- Simplified payroll process with automated direct deposits,
flexible pay frequencies, tax filing, and W-2 generation.
- Empower team with effective management through in-built HRIS
tools for onboarding. compliance, reporting, and PTO tracking.
- Streamlined and quick access to health insurance and other
corporate-level benefits at affordable rates.
- Quick business administration to employment-related
responsibilities such as payroll tax filings and compliance training.
- Continuous 24X7 customer support for employers and employees
through multiple channels.
Justworks support tools make it easier for employees to
navigate through onboarding in minutes, enrolling in benefits, and managing
employees. This benefits software allows new hires as well as current employees
to set direct deposits while reviewing the company policies. You can also
choose benefits and perks from Justworks without the need for lengthy
paperwork.
Justworks simplifies employee management with the help of integrated tools allowing geolocation tracking, automated reminders, shift scheduling, overtime alerts, and powerful integrations that easily sync with timesheets and then to payroll.
Also Read: Fraud Protection: A Way to Maintain Payroll Integrity
Cost of Developing a Benefits Administration Software like Justworks
- Justworks is a white-labeled solution offering flexible
plans to help businesses run them with confidence. The two of its plans - Basic
and Plus offer fundamental to premium features.
- Basic offers comprehensive payroll, benefits administration,
compliance requirements, HR tools, and 24X7 customer service is $44/month per
employee.
- Plus plan lets access to the medical, dental, and vision, along with Basic plans at $89/month per employee
- The cost includes a team of a dedicated software
development team that designs, develops, and tests the entire software for
seamless implementation.
- However, the cost may vary depending on the location, such as outsourcing a team from eastern Europe may cost you 187,360 whereas from western Europe may cost you 459,200, and from North America, the development cost may go around 601,600.
If you are looking for a customized solution, you must
check out these features to integrate within a robust software.
Features of a Benefits Administration Software Like
Justworks
Justworks is a proper bundle of HR, compliance, benefits, and payroll that helps in better employment administration and access to health insurance and other perks. So let's learn about these features one by one. However, ensure that you have a perfect partner offering custom software development services for a robust solution.
1. Benefits
Justworks leverages only high-quality manifold insurance to
meet the diverse needs of the team. Employers, as well as employees, can access
a large group of benefits with quality coverages. Justworks can help you
connect with leading insurance carriers to access richer plans.
More than just healthcare insurance, Justwork empowers
companies and its team by leveraging employees to view, enroll, and even manage
their coverage. The employees can have on-demand Medical's primary care
services and health advocates’ personal health services without any extra
charges, such as EPO, POS, HDHP + POS, HMO. Additionally, you get -
2. Quality Coverage
Justworks has crafted plans in a fair way pairing with the
healthcare experiences and resources for employees to get the most of the
healthcare experiences while focusing more on being productive.
Justworks' data-driven underwriting process furnishes a
holistic view of the team's unique needs for accuracy and better predictable
costs even when you renew health insurance plans in the coming plan years.
Also Read: 5
Benefits to Offer Employees Amid Coronavirus Outbreak
3. Wellness Perks
JustWorks is a perfect platform for employers as well as
employees to access top-notch health and wellness solutions. The platform also
leverages companies to go beyond their status quo by offering mental health,
primary care, and care navigation services for the team.
4. Commuter Benefits
In Addition to on-demand primary care services, health
advocacy services, and life insurance, Justworks assists companies to engage
their employees to the highest level leading to better loyalty. Justworks aids
employees to invest anywhere, including 401(k) retirement plans, commuter
benefits, HSAs, and many more.
5. Payroll & Payments
Employees keep changing so do the rules of the company, but
do not let these things impact your business. Justworks syncs seamlessly with
current systems, managing your remote, salaried, hourly, full-time, part-time
employees. Justworks also simplifies your payroll process, uplifting your heavy
load.
6. Simplified Payments
Justworks lets you run payroll smoothly by automating direct
deposits for full as well as part-time employees. A website development
solution, such as Justworks, supports bi-weekly and weekly pay frequencies
for hourly and salaried non-exempt employees. Additionally, Justworks lets you
set up payment reminders, split deposits across multiple accounts, & much
more.
7. Taxes Compliance
The best thing about this Benefits administration outsourcing is that you stay updated with employment
regulations change. The in-built tools help you file W1-2s, 1099s, payroll
taxes (940/941), run reports, and fill timecards to stay compliant always.
8. Easy Management
Managing multiple vendors and contractors while aligning
with employees' needs is tedious. Justworks makes it all easy for you by
automating the direct deposits, bonuses, commissions, reimbursements, over or
one-time payments without any additional costs. So pay everyone from one window
leaving no room for error.
9. Seamless Synchronization
Justworks' payroll consists of a built-in time and
attendance attribute to seamlessly connect timesheets, increase team
accountability, and run payroll with more confidence. Justworks tracking
solution automatically alerts on overtime, shift schedules, geo-stamped
time-keeping all through any device for an exceptional experience.
10. Third-party Integration
Justworks can be seamlessly integrated with any third-party
management & accounting application, such as QuickBooks or Xero. So
companies can easily link their accounts with the benefits administration
software and access any information inclusive of payment details from a single
platform.
11. HR Tools
No more endless spreadsheets or paperwork to operate HR functionalities Justworks HR - software management offers multiple tools to manage the team. Justworks eliminates tedious and mundane tasks while allowing easy handling of administration. Through robust HR tools and integration, HR can remove the complexity and keep everyone on the same page, be it onboarding, permissions, reporting, or org charts.
Also Read: HR Tech Trends: What to Expect in 2022
12. Streamlined Onboarding
Justworks' simple and sophisticated dashboard lets you
simplify onboarding new hires. Moreover, Justworks gives you the confidence to
expand your team the right way by letting you enter direct deposits, choosing
insurance plans, establishing a company directory, setting an employee
handbook, and much more.
13. Calculative Time Offs
In order to develop a platform like Justworks, you must
integrate comprehensive and calculative time-off. Integrating HR tools lets you
manage leave policies, track accruals, approve PTO requests, set holiday
calendars, and sync with the PTO calendar to view the team's PTO within the
system.
14. Customized Reports
Justworks offers deep insights into individual employee
performance, leave balances, and much more. Track key metrics and develop a
comprehensive report by combining the most relevant data points that make
sense. You can also customize reports in real-time for instant view and
accurate results.
15. Document Management
A Software development methodologies must be integrated with a robust employee document
management feature. The most white-labeled solution lets you securely upload
and send documents to your team while storing valuable data with encryption.
Justworks all in one employee document management offers an electronic
signature for quick signature completion while automating the email reminders.
16. Flexible Access
What's more advantageous about integrating or getting a customized
SaaS software solution is flexibility in permitting employees to access
various functions within the system. Justworks leverages the accountant, HR,
and COO to make any changes as required without any intervention. Moreover, you
can also keep yourself and your team updated and on the same page through
company policies, calendars with birthdays, anniversaries, pay dates, org
charts, and much more.
17. Compliance
Justworks is a platform that supports multiple rules and
regulations, whether it is filling payroll taxes, insurance or ACA filings,
rule-break reminders, or any other. So no more worries regarding adhering to
federal, state, and local employment regulations ensuring workers compensation,
EPLI, and empowering employees through training.
18. Stressfree Tax Filing
With Justworks, you can easily handle payroll taxes, remittances,
withholdings, reporting, and much more. Justworks lets you file multiple taxes,
such as W-2s, 1099, 940, and 941, hassle-free.
19. Harassment-Free Workspace
One of the essential aspects for an employee is a peaceful
harassment-free environment to work. Justworks has a suite designed to meet
sexual harassment prevention training requirements and help employees stay away
from harassment while fostering a healthy workplace.
20. Secured Insurance
Business is all about managing employees and handling
valuable documents. Documents with workers' insurance and compensation
information can be easily secured with Justworks as it helps with staying
compliant with unemployment insurance filings and ACA filing both 1094-C and
1095-C.
21. Error-free Timesheets
Justworks is an amazing tool that removes most of your headaches caused due to inaccuracies. A robust attribute - time and attendance - lets you track employees' and contractors' time, track projects, track working hours and overtime, track meal breaks and reminders, and much more.
Also Read: What You Must Look for In A Benefits Administration Software
22. Keep-up with Regulations
Justworks lets you always stay on top and aligned with the
changing employment regulations through regular updates. The "Plus"
plan offers compliance updates on a regular basis to deter any impact on your
business.
23. Support
In order to create and implement a comprehensive HCM
solution, you must integrate a support feature for employees, contractors &
vendors to reach out to you whenever required. Like Justworks, your custom software product
development solution must have full-service support through email, chat,
phone, SMS, or other third-party collaboration application.
Companies can either have comprehensive support for all the
features offered or have separate sections for -
- Benefits Support
- Payroll Support
- HR Support
- Compliance Support
- Onboarding Support
A dedicated support executive can be assigned to handle and
assist customers with their queries. You can also integrate Artificial
Intelligence solutions, such as Chatbots, for resolving quick and easy
issues.
In a Nutshell
Since small and mid-sized enterprises are struggling to
match the user expectations and market competition as well with each passing
day. A survey by CII claimed that 20% of medium enterprises and 80% of small
companies do not invest in a compiled solution such as Justworks due to
budget.
Partnering with IT professional services
providers with relevant experience in developing a customized solution can help
such companies get a budget solution.
A customized solution is always a win-win solution that
flexibly lets you manage employees, vendors, contractors while building a
harmonious working relationship ensuring scalability of the business.
To get a robust and secure platform like Justworks, you can connect with A3logics or inbox with your queries regarding the same.
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