Main advantages of outsourcing benefit management

The advantages and planned results of outsourcing benefit management are listed below.

Diagnosis of the benefits chart

The work must start with a survey of the company's current benefits portfolio. An important issue is that the benefits policy must be in accordance not only with the budget, but also with the corporate objectives, culture and employees’ profile.

Attention to the mandatory composition of the benefits package

Defining the benefits package includes awareness of labor legislation and the collective bargaining agreement related to the category. After certifying the service to the minimum established, and the company must start developing an internal model for the incentive program. It is worth considering that:

- Mandatory benefits: those established by labor legislation, such as FGTS, vacation, Christmas Bonus pay and transit pass. Under the collective bargaining agreement, other benefits may become mandatory. In addition, it is necessary to observe factors, such as working hours and hazardous nature of the activity, among others.

- Optional benefits: those that are not under the legal requirements. And there are several possibilities that go beyond what the market offers in a more usual way: flexible hours, programs for pregnant women, scholarships, agreements with commercial establishments, mentoring programs, etc.

In any case, attention to benefit management is important to ensure the desirable effects to the company.

Specialized up-to-date knowledge of legislation

One of the greatest advantages of having specialized support is the guarantee the constant compliance with the legislation, eliminating the company’s exposure risk due to non-compliance with the requirements in the labor area in terms of benefits.

Benefit at the right moment

It is necessary to effectively manage the incentives availability routine, a periodic practice in which the outsourcing of benefits management plays an essential role. Each offered item must be available at the right moment for each employee. Any failure in the process hinders trust in the benefits policy, generating uncertainty and internal dissatisfaction.

Integration of benefits with payroll

Closing the payroll requires several inputs related to the employee in the worked period. A solution aligned to the integrated payroll concentrates all data, promoting total alignment and accuracy in calculating the due benefits, quickly and reliably.

Compliance with the policy established by the client's HR

The incentive system must be in accordance with the company's strategies and the policy designed by HR. That is the reason behind the need for contractors and outsourced companies to operate in a close and collaborative manner in defining the benefits program.

Designing a current policy

The alignment with the policies adopted by the market and the demands of new generations of professionals, who tend to value organizations that have a more diverse list of benefits, should be considered. Thus, knowing the team's requirements before determining the benefits package is a decisive factor for the program's success.

Outsourcing benefit management: rely the task on experts in the area

Domingues e Pinho Contadores offers the benefit management service tailored to the reality of each business. This solution comprises from the hiring process, implementation to the execution of the resources, with all the advice and operational support.