Your 3-Step Plan for Improving Employee Retention
Posted: October 13, 2023
Your 3-Step Plan for Improving Employee RetentionAn attractive benefits package can help attract top talent to your company. It can also help you retain the most valuable asset your business has – your staff. Employees who are well compensated for their work through pay, benefits, and perks are more motivated to do their work well and stay with the organization for years to come. While salary will always be an important...
Benefits That Will Spread a Little Cheer to Your Employees
Posted: December 13, 2022
Benefits That Will Spread a Little Cheer to Your EmployeesYour employees rely on your company's benefits, including health insurance, dental insurance, or even the cost of education. The better the benefits package, the more likely you will attract the best talent – benefits are a factor in a competitive job market. Even with an excellent benefits package, spread a little cheer to your employees during the holidays by offering some unique benefits. Holiday Bonuses...
How Does Employee Turnover Impact Your Business?
Posted: March 28, 2022
How Does Employee Turnover Impact Your Business?A loyal, dependable workforce is a critical aspect of business success. When a company is experiencing a high turnover rate, it is imperative that you discover what is driving the exodus before it worsens. The costs of employee turnover to a business are more than financial, and include the following: Reduced morale. Workplace relationships are important, and when a valued employee leaves, it impacts the...
What Is Captive Insurance and How Does It Work?
Posted: February 28, 2022
What Is Captive Insurance and How Does It Work?A captive insurance company is a subsidiary owned by a parent organization, established primarily to insure its owner. The captive insurer writes insurance policies for the parent organization and does not insure any other company. It provides risk mitigation for the parent company or a group of related companies. A captive insurance company may be formed: When a parent company is unable to find a...
4 Questions to Ask When Choosing Group Health Insurance
Posted: February 13, 2022
4 Questions to Ask When Choosing Group Health InsuranceChoosing a group health insurance plan for your business may require a great deal of consideration and time. It can be a challenge to find the right plan to suit the needs and budgets of everyone concerned. The following are four important questions to ask when you are shopping for group health insurance. What Type of Group Plan Do You Want to Offer Your Employees?...
