Does your benefits package align with YOUR business strategy, culture, and compensation. When expenses outweigh income potential If you are fortunate enough to be a member of an employer-sponsored group benefits plan, you are no doubt familiar with the extended health...
… incomplete and inaccurate … lack of disclosure We’re not alone in stating that loss of a loved one is tragic, made all the more acute when due to a clerical error or undisclosed pertinent information, the expected insurance is no longer payable. Too often the...
Whenever there is an employee group benefit program in place, corporate ownership and plan administration must always weight the pros and cons. Typically the cost of providing a benefit to the return on that investment. This runs into a bit of a looped narrative as...
Connecting communication strategies to business (benefit) objectives, recruitment, retention, safety, and productivity requirements are necessary to effectively drive the overall purpose of the organization. …that’s where there’s “power” in...
AS WE KNOW, benefits are a significant component of an employee’s compensation package, focusing on the usage value—the “benefits”—rather than premium, adding to the culture of any organization. However, have you considered how an employee group benefits plan ADDs to...
Taking a chance may cost you more than premiums. It’s a problem of communication. Too many times employees fail to disclose relevant information relating to their employee benefit coverage, sometimes with the misconception of saving premium, or considering the...
