Payday HCM is a trusted employee benefits broker and administrator for hundreds of organizations in New Mexico and throughout the greater US. We work with organizations of all sizes to design custom, cost-effective employee benefits plans, and supplement your team with employee benefits administration when and how you need it.
We start by taking the time to understand your business goals and your employees needs. We conduct a comprehensive market analysis to identify options, and tailor a plan to your specific needs and budget. We don't stop at finding the right benefits plan. We stay close to your business throughout the year, working to educate your employees, conducting open enrollment meetings and understanding how your unique needs change. In short, we're a true partner to our clients.
Custom, Cost-Effective Benefit Plans
Employee Benefit Products
High-Touch Benefits Administration
Develop Custom Benefit Plans for Your Business
Our team at Payday HCM works in close collaboration with businesses to develop custom benefits plans. Whether you are seeking benefits for your employees for the first time, or are looking to change your agent of record, we will work with you to develop a strategic benefit plan that will help you:
Attract and Retain Talent - Demonstrate employee's value early in the recruitment process by offering benefits that support their needs.
Increase Productivity - Happy employees who feel taken care of by their employers are naturally more productive.
Keep Costs Under Control - Benefits plans are no longer one-size-fits-all. We take the time to understand your specific needs and design a plan within your budget.
As a full-service partner, we're constantly working on your behalf to ensure you have the best plan options for your employees today and over the long-term.
Employee Benefit Products
With Payday HCM, companies have access to many different options to create a custom employee benefit plan. Our offerings include:
Health Insurance -These include preventative services, wellness, education, etc.
Dental Insurance - Comprehensive dental plans are available to enhance the health package
Vision Insurance - Includes benefits such as annual eye exams
Life & Disability Insurance -Provide financial security for your employees with basic life, short-term, and long-term disability plans
Flexible Savings Accounts (FSA) and Health Savings Accounts (HSA) - Pay co-pays and deductibles for medical, dental, and vision plans with pre-tax dollars (Dependent Care Account may be available as well)
Voluntary Benefits (Supplemental) - Employees can choose to buy a variety of protections at their own expense
Additional Benefits- From pet insurance to employer-paid gym memberships, we can identify and help secure the right options for your employees.
Full Employee Benefits Administration - Same Affordable Commission
In addition to standard brokerage and agency services, Payday HCM provides tremendous extra value by offering day-to-day administration of accounts. Once your benefits plan is finalized, a dedicated benefits coordinator will be assigned to assist in all of your administration needs, including:
Open Enrollment
Employee Terminations
Processing Enrollment Changes
Payroll Deduction Calculations
COBRA Notification with Carriers
ACA Compliance Administration
What are other brokers doing for that same commission?
Not Your Typical Agency. Not Your Typical Benefits.
Download our employee benefits brochure, and find out why Payday HCM is the best approach to outsourcing your employee benefits administration.
Ready to talk? Get started designing your custom benefits plan today!
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