We are excited to release new features for both our HRIS and Benefits Administration modules. Additionally, we have made a few enhancements for our Broker partners in our Broker Portal module in our latest release. Please read on to find out more and as always, we welcome your feedback and suggestions.
The ACA filing season is here! Flock ACA 2019 Module (Available since January 1)
ACA Module Enhancements: The Flock platform allows tracking of all relevant information that is required for ACA compliance. Our ACA Compliance Services includes the mapping and reporting of the 1094-C and 1095-Cs for all active benefit eligible employees.
Join us to review the process for completing your ACA filing and incorporate any filing requirement updates for the 2018 plan year. If you are an existing or a new Flock client, we have you covered. To learn more, please sign up for our webinar using this link or email us at email@example.com.
Company Benefits Configurations Page (view-only for HR Admins)
The admins can now view additional benefits configuration details like company level NHWP, Benefits Ending Period, Life Event Waiting period, Domestic Partner setting, etc. Furthermore, if Wellness Credit, and Spousal Surcharge (among other things), have been enabled for the client, these customizations will also populate this page for the Admin’s view.
Override Per Pay Period amounts for FSA/HSA/Commuter Benefits
We have added the ability to click into the per pay period amount for FSA/HSA and commuter benefits to make edits and corrections. You can edit this from the employee benefits summary page using the write icon. Note: this action should only be taken to adjust the per pay period calculation. If you would like to edit the total contribution, please do so through the benefits enrollment flow.
Location Based Admin Roles & Permissions Enhancements
Custom role based on location
This feature update is helpful for companies with HR admins in multiple locations. A custom Admin role can be created to manage employees based on their location, department and the job type. These admins are limited to viewing the profile of the employees within the filter.
EE life-cycle support (offers / onboarding / offboarding / employee settings)
The custom role can also be given permissions to onboard and offboard employees within that filter, as well as reset passwords.
Flock now supports multiple global currencies. This feature allows you to keep track of information like compensation information in local currency. The Flock system will default the employees' currency to the country in their address. This can be set in the employee profile page under compensation.
Client based rounding rules (Broker)
Currently, Flock rounds the extra penny to either the employer or employee based on the determined contribution setting. The Broker will now be able to change this setting to round contributions based on financial rounding rules (standard rounding).
For instance, if Employer contribution is 50% and total contribution is $101.51 per employee monthly then:
EE semi-monthly (Existing)
$50.75 EE PPP => rounding EE down $50.75 => ER contribution $50.76
EE semi-monthly (Financial)
$50.75 EE PPP => rounding EE down $50.76 => ER contribution $50.76
Employee/Employer Percentage/Dollar Combination Contribution Support (Broker)
ER Contributions: Support a mixed combination of $-% contribution for individual tiers with rates that are age-banded/community rated.
Organization chart enhancements to handle loops in reporting structure.
Calendar connectivity enhancements to better handle permission changes including events like employee onboarding.
Join us for a closer look at all the new features.
JANUARY 23, 2019 | 11 AM PT