Provide modern benefit packages
To remain competitive, your organization might offer numerous benefits to attract and retain employees. In addition to standard benefits like medical and dental coverage, you might also want to offer expanded services like adoption assistance, recreation programs, and clothing allowances. Benefits management in Dynamics 365 Human Resources provides you with a flexible solution that supports a wide variety of benefit options. Human Resources also includes a user-friendly employee experience that showcases your offerings.
Enhanced benefit plans let you create and manage unique benefit plans and support complex benefit rate tables and nested tiers. You can create benefit programs, bundles, and auto-enrollment rules for a simpler employee experience.
Flex credit programs let you prorate to support retirement and other life events.
Extensive eligibility rules ensure that you make the right benefits available to the right employees.
Online benefits enrollment provides a convenient shopping cart experience for your employees.
Qualified life event processing supports future life events. You can create custom actions based on life event changes.
Dynamics 365 Human Resources helps you manage standard compensation activities, including defining fixed and variable compensation plans, and spot, cyclical, short-term, or annual bonuses. You can also manage long-term incentives, such as cash awards, stock awards, and stock options.
It provides a set of tools that you can use to set up and maintain the benefits, deductions, and employees' compensation plans that you offer or processes for your employees.
For more information, see Benefits management overview.