empowHR’s PARC Place is our employer communications portal where benefits administration and benefits communication meets the real world. Many employees do not understand insurance, benefits, financial services, and healthcare because it is not what they do every day.
PARC Place provides employers with a comprehensive and powerful online portal that supports benefit enrollment, employee communication, HR efficiency, human resources policies and procedures, and health and wellness promotion. It can be customized to reflect your company’s unique brand and content. PARC Place helps your HR department become more efficient while promoting a healthy, engaged and empowered workforce.
Maximize HR personnel time and minimize burdensome administrative tasks by cutting down on the time spent providing employees with routine HR information, sending basic forms and answering day-to-day HR questions. With a personalized portal all of that information is available to employees online 24/7 through their own secure online log-in.
PARC is an acronym which stands for Protection, Accumulation, Resources and Cash.
Protection
Protection includes benefit insurance products typically made up of life, medical, dental, disability, supplemental, and Wellness coverage provided by or through the employer.
PARC Place provides a centralized location for benefits management and enrollment. Employees can easily access and enroll in all types of benefits from one place, online, anytime. This makes the entire process more manageable and results in employees who understand and appreciate their benefits.
Employees can easily access resources that further enhance the enrollment experience. They can watch educational videos, compare plans and use decision support tools. With PARC Place, employees are informed and empowered to make the most of their benefits.
Accumulation
Accumulation is the reason for saving money with tools and products available such as FSA, HRA, HSA, Section 529 plans, 401k, Credit Unions, and other tools such as Wellness credits. Employees are often not aware of the total value of these financial products, especially when it comes to all the extras many companies provide.
empowHR’s Financial dashboard displays financial account information in real-time, allowing the employee to easily see the value of their benefits while avoiding the administrative burden.
Decision support tools allow the employee to perform “what-if” scenarios and the knowledge and confidence to determine the optimal contribution amounts. Employees can also file a paperless claim online and send it directly to the provider.
Resources
Whether you need to communicate about employee or workplace-related issues, the Resources section makes it easy to deliver exactly the right information and message at exactly the right time by using or alerts and notifications tool. Employees will enjoy easy accessibility to training materials and clients will equally enjoy storing employee related document and files in the employee folder section.
Cash
Cash is comprised of family budgeting, tax planning, tax preparation, paycheck hosting, employee discount programs, credit assistance, and debt management.
Today, many HR departments are doing more with fewer resources. As a result, HR managers are looking for ways to improve process efficiency and thereby productivity for the entire organization. By making employees a greater participant in the process will help reduce costs, increase efficiencies and improve the morale of your workforce. The Cash section allows employees to have access to their paycheck summary as well as the ability to update direct deposit and W2 information.
