Tailored Solutions for Employee Benefit Essentials
Addressing Common Challenges and Beyond with Expertise and Ease
I am a business owner looking to offer an employee benefits package to my employees but don’t know how or where to start.
Rest assured, you're in good hands with Full Circle. We specialize in assisting businesses like yours in crafting employee benefits packages. Our approach is deeply rooted in gaining an understanding of your unique company culture to ensure the benefits we recommend are a perfect fit for your dedicated team. From suitable proposals to custom strategies and expert advice, we're committed to making your employee benefit journey seamless and informed, especially for your employee population.
I’ve got a diverse workforce including full-time, part-time and seasonal employees, and contractors and they are located in different parts of the country. How can I still offer a comprehensive package?
Absolutely, and it's simpler than you might think! Most insurance plans can accommodate your employees' needs, no matter where they are located. While the benefits offered may vary depending on employee classification, Full Circle can recommend a range of plans and features that every employee can take advantage of.
I’ve heard the term “Employee Benefits” thrown around by my fellow business community. What exactly is an Employee Benefits package and what types of coverages can I offer my employees?
An employee benefits package typically consists of a combination of group health, dental, vision, life, and disability insurance policies. Supplemental benefits such as Aflac, Legal Shield, Flexible Spending Accounts, and Pet Insurance can further enhance your benefit offering without requiring an employer premium contribution. To round out a competitive and robust benefit package, many employers implement a group retirement plan, such as a 401k, 403B, or Simple IRA. To explore each option further click here. No matter how you design it, benefit packages can be an invaluable investment to a company as it is the catalyst for attracting and retaining top talent while complimenting a company’s culture.
My company currently has a benefits package in place, but want to explore more competitive coverage and pricing and introduce benefit administration technology!
Full Circle addresses this challenge with a comprehensive communication strategy. We offer face-to-face sessions with our insurance experts, customized materials, and electronic or telephonic enrollment options, ensuring employees are well-informed and can make better choices for themselves and their families.
My company offers an employee benefits package, but our employees aren’t very educated on their options or how to decide what plan is best for them due to a lack of communication materials.
Have your rates increased while your coverage decreased? Are you presented with competitive options during renewals and have you explored different premium funding strategies? If the answer is 'YES' to the first question but 'NO' to the second and third, it may be time for a second opinion. Full Circle can work to market your plans, secure the most competitive pricing without compromising coverage, and streamline benefit administration through various communication and enrollment strategies.
I’ve heard there are many compliance requirements to offering an employee benefits package. How do I stay in compliance?
Employee benefits compliance obligations will depend on factors such as company size, location, premium funding, and offered benefits. By collaborating with a team of experts dedicated to being well-versed in ERISA, IRS, FMLA, and DOL laws, while staying up to date on additional state and federal regulations, you can administer a successful benefits program. Full Circle is here to help you and your company maintain compliance with ease.
Would a company-sponsored wellness program make sense for my organization? Can we incentivize employees to take part?
A wellness program is an effective way to engage employees in their health and foster accountability. You can introduce and manage such a program in various ways, offering premium incentives for participation. Full Circle equips employers with the resources to establish a successful wellness program while ensuring compliance with state and federal regulations.
Is offering supplemental benefits a way to enhance our employee benefits package?
Absolutely! Every family has unique needs, and providing a diverse and comprehensive benefits package is a significant step. Supplemental benefits play a crucial role in rounding out your offerings, making your benefits more attractive and effective in retaining top talent.
Contact Full Circle today to implement your Employee Benefits Package!
Call Us: 757-799-3234
Office Fax: 757-917-5676
Email: Contactus@FullCircleFin.com
Mailing Address:
582 Lynnhaven Parkway STE 100
Virginia Beach, VA 23452
Our office building is easily accessible
via the Lynnhaven Commons entrance on Viking Drive