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Employers simply cannot afford to devote additional resources to the full
time promotion and administration of their benefit plans. Consequently,
those activities are often attached to other functions, such as human
resources or finance.
Both the human resources and finance areas have conflicting priorities and
as the marketplace continues to expand globally, it will be necessary for
both these areas to concentrate on other business concerns. This leaves the
employer vulnerable not only to a lack of appreciation by the employees of
the money the employer is spending on the benefits, but to the danger of
not maintaining compliance with the various regulatory requirements.
Employees may suffer from not having appropriate education and availability
to their benefit programs, and employers will be held responsible in the
event the employee suffers a financial penalty.
In today's litigious society, it is vital employee benefit plans remain in
compliance with Local and Federal requirements. There are severe financial
penalties for seemingly small violations, such as failing to mail one COBRA
notice on time. As governmental requirements expand and the cost of
providing employee benefits continues to rise, employers are more in need
of assistance from firms which are professionals in the area of compliance
than ever before.
Mission Statement
Aurora Administrative Solutions, Ltd. is dedicated to the service of
employers. We will work with your staff to ensure your plans are in
compliance and your participants are realizing the value of the benefits
you are providing. E-mail,
fax or call us today for a customized quotation.
We will be happy to discuss your needs and provide you with a detailed
presentation of our services and fees.
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