Employee health bills are fluctuating because of uncertainty related to the 2010 healthcare reform bill. Companies are trying to contain the damage by paying employee health claims out of pocket. Joseph Berardo, Jr., CEO of MagnaCare, said that the total savings from doing this could be between 10% and 20%. MagnaCare administers self-funded health insurance plans to municipalities and businesses … Continue reading Is it Better to Self Fund Employee Health Benefits? →
Some people may wonder if management professionals are trying hard enough to find ways to reduce company costs and risks associated with workplace injuries. Research shows that most managers are not taking proper measures in either area. If they could learn to make workplace safety and health as important as quality or production priorities, differences may start to appear. However, … Continue reading Controlling Workplace Safety Plan Costs →
When you began your business, you had a detailed plan for success. As time went on, you planned ahead for growth and expansion. Along the way, a crisis or unexpected event is bound to happen. What is your plan of action in time of crisis? In today’s world of instant information and Internet rumors, every business must have an emergency … Continue reading Workplace Safety Update: Crisis Communication Plans →
Research shows that employees are more likely to stay with a company if they feel that their efforts are recognized and appreciated. During economic boom times, employees felt they had other options and competition for employee talent was fierce. Today, we maybe in a weaker economy but this still holds true for your best employees. In the absence of an employee … Continue reading Employee Recognition Programs Pay Off →
Many homeowners enjoy throwing parties for holidays or special events. If a party is in the near future, be sure that individual homeowners coverage is adequate. Guests who are injured may need to file an injury claim if their vehicle is damaged, if they fall down or if a pet bites them. Research shows that about 75 percent of adult … Continue reading Homeowners Insurance & Social Gatherings →
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