Tuesday, December 2, 2008

Small Business Benefits - OVERLOAD

Benefits Selling Magazine recently highlighted a study by Guardian. The study concludes that small businesses are often overwhelmed with "administrivia" during open enrollment.

Small businesses do not have the personnel bandwith to handle all the added paperwork. While this is seldom addressed during benefits selection, employers should ask their brokers and agents about the scope of work for enrollment. Many insurance companies and providers are willing to provide assistance during enrollment to ease the workload.

The results show, "The most frequently cited problems associated with enrollment are managing paperwork (23 percent) and engaging employees (42 percent). Twenty-three percent of small employers said getting employees to submit completed forms on time was a problem, and 20 percent said they had difficulty conveying information about options." To read the full article, click here.

Administrivia - n. Being overburdened with trivial administrative responsibilities!

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