Special thanks to Gavin Mosley for igniting the spark for this posting. After years of working with employers on building benefits, I think there are one of two roads for employee group benefit plan discussions: 1. Build a plan according to the rates (premium)...
The constant question…is it mandatory? Why? Typically employers offer an employee group benefit plan as an incentive, part of their positive culture building to retain staff and add to overall compensation. However, despite the best intentions, some employees refuse...
We are all familiar with the “Fair is not Equal and Equal is not Fair”; however, when competing professionals use the term “exact” what “exactly” do they mean? We’ve all been there, a client has their head turned by a competitor offering “exactly” the same for great...
Let’s not forget the human component in business As group benefit consultants, we strive to provide clarity to the complexity that can sometimes be employee group benefits, especially when communication’s limited. That’s not to say the information is not...
What are we going “back” to? In a recent “Every Other Wednesday” interview, Steve Browne, SHRM-SCP, Chief People Officer at LaRosa’s Inc. and author of HR on Purpose, suggested that the past often looks rosier than when lived in the moment. Further businesses should...
Thanks to MLT Aikins LLP for your presentation with CPBI. Often overlooked is the liability associated with the administration of an employee group benefit plan. Some basic duties of a plan administrator (who may or may not be the employer) include: Contractual duties...