BENEFITS & BENEFITS ADMINISTRATION

Build a Benefits and Benefits Administration Solution that works for you.

Benefits and Benefits Administration Services allows you to pick and choose the best options for you and your employees and adhere to the most demanding compliance needs across your organization. From the Affordable Care Act to COBRA Administration or Continuation of Coverage requirements, the experts at Paramount HCM have you covered.

Benefits The Way You Want and Need

Benefits Can Help Win The Talent War

Benefits are an integral part to helping you find and retain top talent. They can distinguish your business from all other businesses, when it comes to competing for top talent. Paramount HCM can help you maximize their impact, by helping you customize a benefits offering, that meets not only your needs, but the needs of your employees too.

Let Paramount HCM help you by providing expert guidance to create a benefit offering that is top quality.

Many business owners often view benefits simply as a cost, ‘something to offer employees’. What they lack, is a strategy to increase the ROI (Return On Investment) for doing so.

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Offer a Wide Array of Benefits Affordably

Paramount HCM can help you by offering a wide array of benefits including:

If you would like to receive the biggest ROI for your benefits, you should contact Paramount HCM.  Let us demonstrate our expertise.

The Paramount Experience

Participant Access Features

Employer Access Features

The Paramount Advantage

ACA

ACA
COMPLIANCE

Cobra

COBRA
ADMINISTRATION

cm health
CONSUMER HEALTH SPENDING ACCOUNTS
COMMUTER REIMBURSEMENT

COMMUTER
REIMBURSEMENT

Inactive Participant Billing

INACTIVE 
PARTICIPANT BILLING

Paramount HCM
Paramount HCM sees Human Capital Management (HCM) through the lens of an owner’s mentality. We help many small and mid-sized businesses develop their “Human Capital” to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The Paramount HCM solution includes Payroll & Tax, HR, Benefits Administration and Time & Attendance. The Paramount HR Services offering, ranges from online compliance tools to a fully outsourced HR department.
ACA
Affordable Care Act (ACA)
Compliance
The administrative and reporting requirements of ACA can be a big burden for HR and Payroll professionals. With Paramount’s ACA services, we simplify the entire process from testing to reporting including 1094/1095 printing and Electronic Data Interchange (EDI) feeds.
Cobra
COBRA Administration
The administrative and reporting requirements of ACA can be a big burden for HR and Payroll professionals. With Paramount’s ACA services, we simplify the entire process from testing to reporting including 1094/1095 printing and Electronic Data Interchange (EDI) feeds.
cm health
Consumer Health
Spending Accounts
Consumer Health Spending Accounts are a low-cost benefit offering with tax advantages for employees and employers alike. Benefits such as FSAs, HRAs, and HSAs complement your benefit plan by allowing employees to plan for unpredictable healthcare costs.
COMMUTER REIMBURSEMENT
Commuter – Parking and Transit
Reimbursement
Paramount’s Commuter accounts allow employees to use tax-free dollars to pay for transit, parking, and travel expenses. Employees contribute to their account through pretax payroll deductions and can access those funds using their Paramount Benefits (MasterCardTM) Card.
Inactive Participant Billing
Inactive Participant
Billing
Retirees, employees on a leave of absence, or regular employees with irregular work schedules all require special handling by HR and payroll specialists. Let the experts at Paramount manage these benefits for you, simpli- fying your payroll processing and reducing the risk of error.