can you afford the status quo

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Page 1: Can You Afford The Status Quo

Can You Afford the Status Quo? Switching to ADP gives your business a Benefits Advantage.

DiD You Know?

ADP InSurAnCe SolutIonS

Benefit costs can average 14.3% of total compensation.i Do you have the benchmarks to compare whether your benefits expenses are competitive?

80% of business owners who provide benefits believe that employees who are taken care of have an incentive to work harder for the companyii

Do you have the tools to effectively communicate this value to your employees?

Organizations that outsource the management of payroll, HR data administration and health and benefits spend on average 27% less than a manual approach.iii

Do you have the solution to eliminate the duplication between your payroll and your insurance carrier?

Establish a Strategic Advantage for Your Business with ADP

i. HR Annual Metrics Report 2011, HR Metrics Service ii. Manulife Financial Small Business Research Report, 2011iii Exposing the hidden cost of Payroll and HR Administration, PwC/ADP March 2012

Page 2: Can You Afford The Status Quo

Payroll and benefits connected to leading insurance carriers as the system of record for enrolment and premiums

Reduce billing concerns. No more advance billing, reconciliation or manual payments

Eliminate double-entry of employee information in both your payroll and insurance carrier systems

Avoid out of date coverage and employee eligibility issues with carriers

Quarterly business analytics that provide a complete view of pay and insurance costs

Manage compensation costs with quarterly business analysis

Benchmarks that evaluate your plan’s competitiveness against industry averages

Avoid surprise increases at renewal time

Effectively allocate per employee costs in financial systems

The resources needed to communicate the value of benefits and resolve employee issues

Individual reports that help you communicate the total value of pay and benefits compensation to each employee

Exclusive reference library to help you support employee questions

Advocacy services that leverage data and ADP relationships for claims issues with insurance carriers

Modern broker services that help you take advantage of the latest industry trends

Modern plan options, including individualized benefits, that support diversity of employee base

Advanced decision support tools that assist you with designing the best plan for your business

Choice of leading insurance providers, connected to your payroll and benefits A service team of designated experts on licensed insurance placement, client management, technology, underwriting, market trends, carrier relations and executive oversight

ADP InSurAnCe SolutIonS

ISSE

LL05

12E

Add Up the Benefits with ADP

Reduce Your Administration

Better Manage Your Insurance Costs

Bring Out the Best in Your Employees

Better Support Your Business

More Business Value From Your Benefits Program