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 DigitalFlex® combines the “defined contribution/total compensation” approach to employee benefit plan design with the web based benefit plan administration that is the perfect solution for our new digital and electronic information age.
DigitalFlex® helps you attract and retain quality employees by turning the challenge of budgetary constraints into a positive by allowing each employee to build a compensation plan that best suits their individual lifestyle.
From the employer perspective, the advantage of DigitalFlex® is that you build your benefit plan based upon the budget you can afford – not the cost of insurance plans. You simply provide each employee with a “benefit credit” or “benefit voucher” that they use to purchase the plans that make the most sense for each of them respectively.
From the employee perspective, the advantage of a choice of health, dental, life, disability and retirement plans allows them to build a plan each year that best suits their personal lifestyle and economic situation. As their personal circumstances change, they can react by selecting different plans with different benefits that better fit their immediate needs.
The key to making these plans work for both you as the employer, and your employees, is a 21st Century employee benefit digital administration and communication system that is combined with our uniquely excellent personal enrollment system. DigitalFlex® provides all of the content that employees need to make informed decisions and we meet with employees personally to make certain they understand their options. We enroll your employees in personal “one-on-one” meetings. This is truly the personification of “hi-tech” and “hi-touch”.
At DMCO we do this for companies with as few as 25 employees – and sometimes less if the circumstances allow. Learn how DMCO can increase employee retention by structuring a flexible benefits program for you today. Our depth of experience in providing these programs, coupled with our fully web-based administration process—allows you to put a comprehensive flex plan in place—without increasing your existing benefits budget.
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