BENEFITS MANAGEMENT
Benefits Management (C&B) is a sub-discipline of human resources, focused on employee benefits policy-making. While benefits is tangible, there are intangible rewards such as recognition, work-life and development.
80%
Better alignment and agility in HR processes
90%
Enhanced improvement in transparency
65%
Higher increment in terms of efficiency
BETTER, COMPREHENSIVE BENEFIT PLAN
Complete plan with event and eligibility management for better oversight of overall benefit plan.
EASY & FLEXIBLE BENEFIT PLAN SETUP
Set up benefit plan according to need and preferences be it Stock, Medical, Dental or Vision.
AUTO & MANUAL SELF-SERVICE ENROLMENT
Self-service enrolment can be automated or chosen to be done manually.
AUTOMATIC LIFE EVENT PROCESSING
Life Event processing can be fully automated for ease and speed.
BENEFITS OF THE BENEFITS MANAGEMENT SYSTEM
WHAT TALENTCLOUD.AI IMPROVES
Talentcloud.ai Benefits Management focuses on employee benefits policy-making for both tangible as well as intangible rewards such as recognition, work-life and development with fully integrated and simple processes.
- Ensures rewards are flexible and agile to meet the changing business needs.
- Comp & Ben information are shared to clarify expectations.
- Easy & Fast to apply, submit, approve and monitor claims & benefits.
80%
Better alignment and agility
90%
Improvement in transparency
65%
Higher increment in terms of efficiency
COMPARISON BETWEEN MODERN HR AND THE PAST
WHAT TALENTCLOUD.AI REFORMS
Talentcloud.ai HCM is built from the ground up and delivered in the cloud. It is the only enterprise application that unifies human resources, benefits, talent management, payroll time and attendance as well as recruitment in the regional.
BEFORE / TALENTCLOUD.AI
- RIGID REWARDS & LACK OF COMPETITION
Traditional "one-size-fits-all" and rigid approach no longer provides a competitive edge in improving productivity and engagement.
- LACK OF TRANSPARENCY
Compensation & Benefits information is shared on a "need-to-know" basis and does not always correlate with performance and contribution.
- TIME-CONSUMING MANUAL CLAIM PROCESS
Manual Claim Process & Approval takes times and may not always be accurate.
AFTER/ TALENTCLOUD.AI
- ALIGNED WITH BUSINESS OBJECTIVES
Rewards are agile and according to changing business needs. Compensation & Benefits focuses on employee contributions to motivate, attract, retain employees.
- TRANSPARENCY AND EASE OF ACCESS
Transparency allows employees to submit claims, view their benefit selections, and claim status from their mobile device while on the go.
- MORE EFFICIENT CLAIM MANAGEMENT
Better claim management can help boost company's efficiency and helps keep employees happy.
