When we think of union negotiations, we think collective bargaining, involving resolving any disputes, salary, hours worked, and any policy amendments. However, it is often overlooked the value of the employee group benefit plan to the compensation bargaining chip....
According to Google, Key Performance Indicators are “a quantifiable measure that demonstrates how effectively an organization, department, or individual is achieving its strategic goals and objectives. KPIs help track progress, inform decision-making, and focus...
Many employers don’t realize through effective flexible benefit education, they can encourage employees to utilize their plan in a more preventative, health way, rather than reactively, which will in turn, save them money on the premiums over the long run. The numbers...
The employer’s benefit plan included group life insurance payable at a flat $50,000 to a designated beneficiary. An employee under this health benefit plan was going through an acrimonious divorce and completed a change form to update his beneficiary from his spouse...
This is a real to me example of an employer (because I am in benefits, I keep it benefit insurance focused) who had $27,000 of insurance fraud under the paramedical policy, spread over two years. The first year, I didn’t catch it as anything other than an anomaly to...
