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Magna Administrative Services Outsourcing (ASO) differentiates itself in the outsourcing marketplace by giving clients access to a human resource management team that offers expertise in not just one or two, but virtually all human resource functions, including payroll and employee benefits. Your dedicated team will focus on: - HR Advisory Services - While our primary goal is to ensure compliance with the various Federal and State regulations, an equally important goal is to ensure employee understanding and adherence to company policies. This, more than anything else, will help protect your company's assets by reducing the likelihood of any employment-related litigation. Also, through our strategic affiliation with CCH, Inc., we offer our HR Library and KnowledgePoint (click on the 15-DAY FREE TRIAL SUBSCRIPTION to take a test drive).
- Employee Benefits Administration - Enhanced benefit packages will enable your company to compete with Fortune 500 companies in the job marketplace. With MagnaHR, you'll find a level of employee benefit coverage and back-end administration and integration well beyond that of most similarly sized companies. We offer a number of value-added services including invoice audit and reconciliation, consolidated billing and administration, automated data and premium remittance, reporting, vendor management, annual rate negotiations, and more.
- Section 125 and Flexible Spending Account Administration - MagnaHR can offer a choice between two plan design alternatives containing three separate cafeteria plan components. For Payroll users, we even streamline the FSA reimbursement process by providing the payments directly into participant's paychecks.
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