What Is Captive Insurance and How Does It Work?
Posted: February 28, 2022
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
Choosing 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?...
Best Seasonal Benefits Your Team Will Love
Posted: January 28, 2022
The benefits workers want most can change with the seasons. What seems particularly appealing in the spring or summer months may change in the fall or winter. The following are seasonal benefits your employees are bound to love. Let Them Off Early On Fridays This benefit is particularly popular during the summer months. Employees who are allowed to leave an hour early on Fridays appreciate...
How to Boost Employee Wellbeing During Winter
Posted: January 13, 2022
The days are shorter, colder, and gloomier in the wintertime. This can have a negative effect on employee wellbeing, performance, and motivation. For this reason, employee wellbeing should be a company priority during the winter months. Tips for Boosting Employee Wellbeing in Winter Lack of sunshine, seasonal illnesses, shorter days, work slowdowns, and other factors tend to make people more sluggish and less motivated in...
8 Ways To Manage Holiday PTO and Avoid Staffing Stress
Posted: December 28, 2021
Most of your staff will use PTO to take time off over the holidays. Managing your critical staffing needs over the holidays requires planning. Requests for PTO days should be accommodated as much as possible, with an eye to ensuring enough of the right staff is present to keep the company operating over the holiday season. A Team Approach to PTO Every employee planning to...