Best Benefits Administration Software for 2019

Learn more about benefits administration software for small businesses along with frequently asked questions.

Updated on November 22nd, 2019

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Benefits administration software enables the HR department of an organization to assemble and manage its employee benefits program effectively.

It involves managing and updating employee benefits, such as health, disability, and life insurance, as well as pension plans, vacation, paid time off, and maternity leave. Benefits administration software also allows businesses to maintain compliance with tax and labor laws and often combines payroll and HR management in one platform.

Best Benefits Administration Software:

Our Rank

Benefits Administration Software

Pricing

1.

Gusto

From $39.00 + $6.00 per employee /mo.

2.

Zenefits

From $5.00 + $40.00 per employee /mo.

3.

BambooHR

From $6.19 per employee /mo.

4.

Workday Benefits

Quote only.

5.

Dayforce HCM

From $10.00 per employee /mo.

6.

TeemWurk

Quote only.

7.

Namely

Between $15.00 - $30.00 per employee /mo.

8.

Kronos Workforce Ready

Quote only.

9.

APS

From $60.00 + $5.00 per employee /mo.

10.

iSolved

From $80.00 + $4.00 per employee /mo.

11.

ADP Workforce Now

From $300.00 /mo.

12.

UltiPro

From $600.00 per annum for every 5 users.

13.

Rippling

From $7.00 per employee /mo.

14.

bswift

Quote only.

15.

Criterion HCM

Quote only.

16.

Rise

Quote only.

17.

ThrivePass Benefits Suite

Quote only.

18.

Ascentis

Quote only.

19.

PeopleKeep

From $29.00 + $15.00 per employee /mo.

20.

BenefitFocus

From $2.00 - $4.00 per employee /mo.

FAQs:

What is a benefits administration system?

A benefits administration system allows benefits administrators and/or HR employees to set up, manage, and update the benefits for each employee in the organization. It also ensures that companies remain compliant with tax and labor laws.

What are the 4 major types of employee benefits?

  • Disability Insurance.
  • Social Security and Medicare.
  • Workers' Compensation.
  • Unemployment Insurance.