All MBS services can be considered in a bundle or individually, depending on what satisfies the business needs.
What is Pharmacy Benefits Management?
Pharmacy Benefit Management (PBM) is like a middleman for your employee prescription drug plans. They negotiate drug prices and manage pharmacy networks to keep healthcare costs under control for your business.
Problem
While PBMs promise lower drug costs for your employee health plan, the lack of transparency in their pricing can leave you wondering if you’re truly getting the best deal for your business and your employees’ well-being.
Solution
Are you feeling uncertain about murky PBM pricing and worried your employees aren’t getting the best prescription deals? MBS offers clear, cost-effective pharmacy benefit management solutions that put you in control, prioritizing both your budget and employee health.
What is Employee Benefits?
Employee benefits are basically perks employers gives employees on top of their salary. They’re like extras that show employers value their employees. They can help employees save money, stay healthy, and have a better work-life balance.
Problem
Are you feeling overwhelmed by ever-changing benefits, costs, and impersonal service? You want to offer competitive benefits to attract top talent, but navigating the complex benefits landscape is a nightmare. Traditional providers often disappear after enrollment, leaving you with generic renewal rates.
Solution
At Merritt Business Solutions (MBS), our experts stay ahead of the curve, uncovering cost-saving strategies and fighting for the best possible deals on your behalf. Unlike impersonal computer systems, MBS offers a personal touch. We become your trusted partner, ensuring a smooth-running benefits program that keeps your employees happy and your business thriving. Schedule a free consultation today and let MBS simplify your benefits – all while keeping your current plan options at no additional cost.
Our Full-Service Benefits Menu Includes:
What is Fractional HR?
Fractional HR is like having a business coach for your people department (HR). They’re experts in all things employee-related, and they can help your company with stuff like: Making your HR department run smoother, Staying on top of employment laws and so much more!
Problem
Feeling bogged down by confusing HR regulations and paperwork? You might not be sure exactly what’s causing the low morale and turnover. Is it the workload? Compensation? Lack of clear career paths?
Solution
Merritt Business Solutions (MBS) is like your HR doctor. We perform a full checkup to identify any weak spots and ensure compliance. We’ll help you build a strong HR infrastructure, from communication strategies to effective processes. But that’s not all! MBS provides ongoing support with training programs, expert advice, and HR management services tailored specifically to your business needs. Let MBS take care of HR so you can focus on running a successful business with happy employees. Schedule a free consultation today!
We Give Your Business A HR Check Up/Diagnostic Approach to Ensure Compliance
What is a Professional Employer Organization (PEO)
A Professional Employer Organization (PEO) is basically a company that helps small businesses with all things employee-related, like a one-stop shop for HR (Human Resources).
Problem
Are you feeling like you’re running in circles managing payroll, HR, and compliance on top of everything else? We partner with businesses to leverage Professional Employer Organizations (PEOs), freeing you from those burdens and lowering costs.
Solution
Imagine focusing on growth strategies while MBS takes care of your employees – that’s the power of a 7-9% faster growth rate and a 10-14% reduction in turnover. Let us be your partner in success.
What is a Employer of Record Service (EOR)
An employer of record (EOR) is like a middleman for hiring someone. Instead of your company directly employing someone, the EOR becomes their legal employer on paper.
Problem
Global expansion is exciting, but managing legalities and HR in new markets can be a headache. We get it. That’s where we come in.
Solution
Our Employer of Record (EOR) services act as your legal employer overseas, handling payroll, HR compliance, and contracts. Focus on growing your vision; we’ll handle the global hiring hassle. Expand faster, smarter, and with reduced risk. Let’s unlock your international potential.
MBS Matches Clients with PEO/EOR Services For:
What is HR Technology Software (HRIS)/ Payroll Services?
Basically, HRIS keeps all your employee information organized and accessible, while Payroll Services ensure everyone gets paid correctly and on time.
Problem
You’re the busy entrepreneur drowning in HR tasks like recruiting, onboarding, and managing PTO. These complexities steal your time and energy, keeping you from focusing on what truly matters – growing your business.
Solution
We are your guide, offering a powerful cloud platform. This all-in-one solution streamlines everything in HR, giving you back your precious time. Imagine hiring perfect candidates, seamlessly onboarding new hires, and automating tedious tasks. Let’s build your ideal work world together, where you can focus on your passion – growing your business.
MBS Offers Human Resources Technology (HRIS)/ Payroll Options Including:
What does Recruiting mean?
Recruiting is like building your dream team – you need the right players to win, but finding them can feel like an endless search through unqualified candidates.
Problem
Despite offering a competitive salary, your open positions are flooded with resumes, but none seem to possess the specific skills and cultural fit you need to make your business thrive.
Solution
Are you stuck sifting through a stack of resumes with no perfect match? MBS cuts through the noise, finding the ideal candidates with the right skills and cultural fit to propel your business forward.
Do you need HR Training?
HR Training is like investing in your team’s tool belt. The better equipped they are with skills and knowledge, the more efficiently and effectively they can tackle any challenge your business throws their way.
Problem
You invest in employee HR training but need to improve productivity or customer service. It’s frustrating to spend money without a clear return on investment in your team’s skills.
Solution
Are you frustrated by HR training that doesn’t translate to results? MBS offers customized HR training solutions that equip your team with the skills they need to boost productivity, enhance customer service, and deliver a strong return on your HR training investment.
What is 401K?
There are a few different types of 401ks, but the basic idea is the same: it’s a way to save money for retirement with some tax benefits to help your money grow bigger.
Problem
The biggest headache employers face when setting up a 401k for employees can be summed up in one word: complexity. Here’s why: Lots of Rules, Keeping it up to date, Choosing the Right Plan and Admin Hassle.
Solution
MBS can be of help! We partner with businesses to provide affordable, tailored 401(k) solutions. Unlike expensive, one-size-fits-all plans, ours is built for your specific needs. Employees receive personalized investment advice from a trusted advisor, ensuring access to the right options for their future. Schedule a free consultation and let MBS simplify your 401(k) – attract top talent and empower your employees to save for retirement the easy way.
Our 401K Service Includes
What is Short Term Funding?
Short-term funding is borrowing money for a short period of time, kind of like asking a friend for a small loan until your next paycheck. It’s used to cover temporary needs for a business like payroll and is meant to be paid back quickly.
Problem
Unexpected expenses got you stressed? Short-term funding can help bridge this gap. You can take out a short-term loan to cover your immediate expenses (rent, payroll) while you wait for the sales to come in. This way, you can capitalize on this opportunity and keep your business running smoothly.
Solution
MBS can be your financial hero! We offer a unique urgent loan option perfect for any business need. Get the funds you need fast, and choose to repay them immediately or over time. Unlike slow, traditional loans, ours are quick and easy to access. Schedule a free consultation and let MBS help you weather any financial storm – keep your business running smoothly, no matter what.
Merritt Business Solutions is a Certified Women’s Business Enterprise and holds NGLCC Certification as an LGBTQ+ business.