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Employee Benefits

The Year in Healthcare: A Focus on Cost Management

By on Apr 29, 2018 in Employee Benefits |

It appears that cost management is of increasing importance to employers, with employers being willing to experiment with new ways of stemming expenses. There has been a growth of group captives in recent years, whereby employers keep their self-funded plans with group stop-loss insurance. This stems the risk and allows the self-funding of smaller groups. Although...

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5 Ways to Eliminate Costly Employee Benefit Mistakes

By on Apr 25, 2018 in Employee Benefits |

Employee benefits can be costly for a small business, often increasing an employee’s base salary by as much as 40%. Despite the costs involved, these benefits are often required in order to keep employees happy and to stop them from working for your competitors. Many business owners, however, forget about the fees and fines which can be issued when common mistakes...

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Wellness Program Ideas Worth Leveraging

By on Mar 31, 2018 in Employee Benefits |

A healthy and happy workforce is key to controlling costs in the workplace. By reducing stress and emphasizing wellness, employees benefit and spend less time on sick leave. The company benefits too with increased morale, productivity, and reduced insurance costs. Other company’s are leveraging these techniques and you may want to consider them as well… Run “Biggest...

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Do You Need a Workplace Anti-Bullying Policy?

By on Mar 27, 2018 in Employee Benefits |

Workplace bullying is a growing concern in the U.S. 96 percent of American employees report having experienced work related intimidation or bullying occurring at least once in their career. Fully 89 percent reported harassing cases that had persisted for greater than one year. One of the most common kinds of bullying reported was sabotage of the work or credibility...

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5 Tips for Saving Money on Employee Benefits

By on Mar 1, 2018 in Employee Benefits |

  Employees’ loyalty is greatly enhanced when their employer offers them decent employee benefits. However, offering benefits can be a struggle for small businesses with limited profit margins. Below we offer 5 tips on helping smaller employers to minimize the costs of providing their loyal employees with good benefits. 1. Consider buying cooperatives Health...

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Businesses of All Sizes Should Think About Benefits

By on Jan 15, 2018 in Employee Benefits |

Benefits are for small businesses too. For many small business owners, benefits seem cost prohibitive. In the interest of short-term gain (or just making the bills each month), a number choose to operate without a benefits structure in place. While limiting monthly expenses can help some aspects of the business, high turnover rates and dissatisfied employees more...

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