What is an HR-Vantage Partnership?

What if there was a way to make your Human Resources Department more focused on essential company issues, be more efficient, and make it unnecessary to hire additional staff? The Vantage Risk Management HR-Vantage Partnership model is comprised of our most experienced HR Benefit Team experts, who will work directly with your company’s leadership to create and implement an HR agenda that aligns with your company’s goals. 

The US Department of Labor, Bureau of Labor Statistics states that benefit costs accounted for 29.5 percent of employer costs. This means that your company spends a lot of money on employee benefits without knowing if your employees are satisfied. Vantage Risk Management conducts surveys on behalf of your HR Department to determine if the current benefits package meets your employees’ needs. Comparisons with similar industries and comparable-sized companies are also taken into account when we develop a comprehensive strategy for your business. The goal is to achieve employee benefits satisfaction and employee retention. 

The Human Resources Department is at the heart of every company. Every company’s HR department finds its staff split between multiple responsibilities and time-consuming tasks. Your HR staff dedicates an enormous amount of time to new hires and open enrollment. They assist with sign-ups, enrollments, and questions about available benefits. When benefits administration is handled outside the department, there is a 15% time savings by HR staff. (Smart Business Network Inc.

The five core human resources functions are:

  • Compensation and Benefits
  • Recruiting and Staffing
  • Safety and Compliance
  • Training and Development
  • Talent Management

We bring a team of experts to the table to ensure you have all the best solutions in every benefits category.  A great employee benefits package separates you from your competition, making your business desirable to new hires and giving you employee loyalty and retention.

With Vantage, each employee gets assigned to a patient advocate, so they never have to reach out to HR for new cards, Explanation of Benefits “EOB” questions, plan concerns, out-of-network negotiations, and bill disputes. A patient advocate alleviates the day-to-day need for an HR staff member to address these time-consuming queries. Our experts will advocate for each employee and their specific needs.

In addition to our benefits expertise, we also bring a human resource support team. It is comprised of seasoned and skilled human resource specialists via cloud-based technology with access to an entire HR community. From job description builders, compensation calculators, self-assessment tools, and an HR hotline. Legal question? ACA Compliance issue? Topics such as Family Medical Leave Act “FMLA”, Federal Poster usage, multi-state law comparisons, OSHA Logs, employee handbooks, and more are covered by our HR support.  Just give the hotline a call – our team will speak your language, understand your needs and give you the support and answers you seek.

We use an outreach program to ensure employees access the portals, make their benefits choices, and answer questions. Utilizing a data-driven technology, we can follow up with employees who have not leveraged the portal during the open enrollment period and can reach out to remind them to log in and explore their benefits options. 

Our multi-team approach has experts in each area working in tandem behind the scenes for you. We are your single point of contact to ensure everything you need to offer the best benefits packages in the most efficient manner is accomplished.