workplace
August 30, 2023
How Voluntary Benefits Help to Expect the Unexpected
In life, we need to expect the unexpected. One could argue that this is an apt description for voluntary benefits, which were long viewed by brokers and employers as a labor-intensive afterthought. Individually underwritten policies like accident, critical illness, hospital indemnity, identity theft, pet protection and numerous other coverages offered through payroll deduction weren’t seen as strategic...
July 25, 2023
Creating a Mentally Healthy Workplace
Work environments can significantly impact the mental health of employees. In fact, research by the American Psychological Association found that 2 in 5 employees report that work negatively affects their mental health. Workers’ poor mental health can, in turn, negatively impact employee communication, performance, morale and productivity. According to a recent report by Mental Health...
July 12, 2023
Tackling the Talent Crunch: 3 Benefits That Improve Retention
The abundance of job openings, combined with a scarcity of available workers, has created a serious talent crunch that continues to raise the bar on retention. It also has sparked lively discussions between employers and their advisers about pursuing innovative strategies to win the talent war. The U.S. is in the midst of a historically tight...
June 22, 2023
Those New Office Building Amenities Come With Legal Risks
For the past 12 to 18 months, office building owners have been energetically implementing new tactics to attract tenants back to their buildings as the pandemic becomes less impactful. One growing trend among owners is hiring outside vendors to provide added-value building amenities for tenants, such as conference room services, fitness centers with nutritionists, and...
June 5, 2023
12 Tips to Promote Workplace Safety and Prevent Employee Injuries
Workplaces have gotten safer for employees over the years. However, accidents can still happen. When they do, they cost businesses thousands of dollars in medical expenses, undermine productivity and employee morale, and increase employee absenteeism. To help prevent the risks of workplace injuries, businesses can follow these 12 tips: 1) Create a Comprehensive Workplace Safety...
May 24, 2023
DOL Promotes Mental Health at Work Initiative
Amid Mental Health Awareness Month, the U.S. Department of Labor (DOL) launched its Mental Health at Work initiative to address mental health within the workplace and introduce resources for employees and employers alike. The DOL’s initiative aims to advance mental wellness in the workplace through the following strategies: The DOL explains that high-quality jobs provide safe workplaces,...
October 3, 2022
Inflation Rising. How Workers’ Comp Premiums Will Fare
Runaway inflation has become the economic drumbeat that keeps getting louder as election midterms approach in November, but in the workers’ compensation sector, executives see an improved picture on the horizon for both medical and wage inflation — despite the multi-decade high in the consumer price index straining families’ wallets and patience. As employers ratchet...
September 12, 2022
Small businesses are at risk for cyberattacks. Here’s how to address them.
Small businesses are often prime targets for cybercriminals because of the sensitive information stored in their databases. They also commonly lack proactive measures to fight against cyberattacks. According to the Small Business Administration, 88% of small business owners feel their company is not prepared for a cyberattack. Cyberattacks can shut down businesses for more than 24 hours and can...
August 29, 2022
Summer safety tips to avoid work injuries
No matter the time of year, when business owners think about the common risks involved with owning a business, the safety of their employees should always be top of mind. However, the summertime can bring unique hazards, with its soaring temperatures, busy travel times and potential for strong storms. In the summer, it’s important that employers take...
August 22, 2022
Mitigating risk & reducing employee claims for commercial clients
According to Dun & Bradstreet, in Q2 2022, the Global Business Impact (GBI) score increased to 315, up from 297 in Q1 2022. The GBI ranks the biggest threats to business based on each risk scenario’s potential impact on companies, assigning a score to each risk. As businesses continue to acknowledge the rising risk landscape, it is...