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Public sector institutions must attract and retain the top digital talent—or risk not being able to advance the long-term growth of municipal infrastructures. By leveraging mobile, social, analytics, big data, and cloud, Oracle Modern Best Practice helps you offer modern, flexible benefit plans for today’s workforce. Define and administer comprehensive benefit programs with ease and accuracy to cultivate staff and civil servant loyalty. Quickly adapt to new regulations and changes by adding unique benefit offerings while supporting compliance. Gain actionable insight into benefit elections and associated costs. Cloud-based portals connect payroll processing with employee self-service, supporting a streamlined benefit process enrollment and administration.
Define benefits plans and eligibility. Assess costs and determine the budget for plans. Reuse plan elements across the organization, accounting for differences by bargaining unit, as appropriate.
Promote your organization’s brand with candidates and/or employees by updating the benefits plan(s) summaries and details for recruitment marketing content and internal job data.
Schedule annual and periodic enrollments for employee population(s). Enable and drive self-service open enrollment. Process life events and on-demand requests such as termination-related events and COBRA.
Prepare plans and manage employee self-service enrollments. Provide employees with a summary of benefits.
Submit employee benefit enrollment information to third-party benefit providers.
Automate the processing of benefits to payroll for the designated pay runs. Share projected costs with finance department.