As one of our premium in-house services, we record and manage personal time off (PTO) and sick day accruals. Different types of accrual plans can be set up complete with rollover options into another year or period. Reports inform employees of their accrual balances and status.
O Financial Services is partnered with multiple employee rewards providers to offer discounted entertainment tickets and the like. We also offer commuter benefits such as tax-free transit checks, metro cards, and parking passes.
By making our advanced, easy-to-use online benefits portal available to you, we help you manage the quality of health, dental, vision and supplemental benefits (AFLAC), and short- and long-term disability insurance you provide to employees.
We set up a Section 125 Health Insurance Premium-Only Plan (POP), which is also known as a ‘cafeteria plan’, to allow your employees to pay their health insurance premiums with tax-free dollars.
Through our network of integrated benefits partners, we can help you manage pretax benefits by offering retirement plan administration as well as medical benefits (FSAs, HSAs, HRAs and COBRA), College Savings 529 plans, and much more.
In the unlikely event that you are faced with legal issues relating to minimum wage, overtime, workers’ compensation, and payroll and unemployment taxes, we offer expert attorney referrals to assist you in tackling them in a timely manner.
O Financial Services always keeps pace with the latest regulations to help simplify the administration of benefits under new laws such as the Affordable Care Act (Obamacare). Wherever the market or the law moves, O Financial Services follows suit on your behalf.