Voya Financial’s voluntary benefits are now available to companies using HR management provider ADP.
The companies entered into an agreement in late July to provide employers using certain ADP platforms the ability to administer Voya Employee Benefits’ group term life insurance, disability income insurance and supplemental health insurance through ADP platforms.
Brad Galiney, senior vice president of employee benefits distribution at Voya says the company wanted to create a more integrated experience for users. Employers using ADP’s Health & Welfare Services Engine, BenMark and ADP Vantage HCM systems are now able to integrate Voya’s benefits.
“The benefit for employees, is they get to see everything on a very familiar integrated site,” Galiney says. “It really streamlines the communications and benefits administration.”
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Employers are looking for more ways to integrate HR and benefits technology — a recurring pain point for many HR teams. A
Michael McGowan, who leads consulting firm BPI group’s leadership and talent practice says employers are looking for a
“HR people struggle because they’re using different systems [and] different vendors with different capabilities,” he told Employee Benefit News in May. “It’s very difficult to align them or integrate them.”
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ADP has partnered with other benefits and HR tech providers in the past. For example, last year the
ADP’s broad reach gives Voya a competitive advantage, Galiney adds. Moving forward, he says the company may look into additional agreements with other benefits providers.
“We’re really excited, given their broad reach and expertise,” he says.
Galiney says integrated technology can help both HR teams more easily communicate with workers. But it can also help employees more seamlessly select and enroll in their benefits.
“I think it’s just like anything else, it’s communication,” he says. “I think the industry has embraced this in many manners.”
