Ever wondered how many people have group health insurance sponsored by an employer? Around 49% of Americans fall into this category, according to research by the Kaiser Family Foundation. The U.S. state with the highest number of people covered by employer health insurance is California, at about 47% of the population. Not far behind is […]
Category: Employee Benefits
As An Employer, Do I Have to Wait For Annual Renewal to Make A Change In Health Insurance Providers?
Many people in Florida and around the United States believe they must wait for a specific period of time each year to change their health insurance plan. They are usually thinking of the Affordable Care Act insurance marketplace, which holds open enrollment anywhere from 30 to 90 days falling mainly in November and December. As […]
Struggling to Hire? Here’s How Group Health Insurance Can Help Businesses Attract and Retain Employees
Companies of all shapes and sizes are dealing with a hard truth: No one wants to risk their life for minimum wage! While many business owners expected employees to “take whatever they could get” once pandemic assistance ran out, many are facing a different reality entirely. It’s been called The Great Resignation, a massive movement […]
Working With A Local Broker Can Save Employers Big On Health Insurance Premiums
Health insurance premiums can add up to major overhead for Central Florida businesses. While not all small businesses are required to offer health insurance to employees, many are. And there is good reason to be concerned about how much health insurance will cost employers in the coming years. Two major changes in the health insurance […]
Why A H.E.L.P. Plan Is Better Than A 401K For Employers and Employees
Across Central Florida, employers of all sizes are looking for ways to foster employee engagement. Engaged employees outperform less engaged competitors in virtually every way. They experience faster rates of growth, better employee retention, and higher earnings per share. The impact of employee engagement is key no matter what industry you are in or what […]
To Harness The Millennial Workforce, Employee Benefits Innovations Focus On Wellness
Much has been said about “job-hopping Millennials” and how they “prefer” to work as freelancers. More young people than ever before are categorized as contractors. In 2018, that figure was about 47%. Future studies are almost sure to find the number has continued to increase. But it’s a mistake to assume this trend represents a […]
Helping Future Leaders Reach Their Full Potential With Employee Benefits
When two similar enterprises compete, the one with the most engaged employees emerges victorious. Yet, engagement is not a linear function of an employee’s take-home pay. Employee benefits experts have long known that the proper combination of benefits can make a tremendous impact on the workforce. The boost in engagement and morale often far exceeds […]
Some Industry Leading Companies Are Boosting Employee Benefits For Working Parents
The events of 2020 have put remarkable strain on working parents. Women are in danger of losing their careers as they leave the workforce in unprecedented numbers to serve as caregivers. Kids need more attention in a time of remote learning. Older family members benefit from help, too. A long-term shift may be underway as […]
What Are The Top Employee Benefits Around The World?
Employee benefits aren’t identical everywhere you go. In fact, there are many employee benefits you might never have heard of. What qualifies as a desirable benefit depends on several factors, including laws that affect employment conditions. In the United States, for example, paid parental leave can be a very attractive benefit. On the other hand, […]
You Can Make Personnel Feel Valued Without Spending A Fortune On Employee Benefits
If you’re like most small business owners, you’ve been thinking more about employee benefits. Most attention goes to medical benefits – and rightly so, considering health insurance consistently ranks #1 when it comes to the most desirable benefits. It’s the first thing most employees look at when comparing their options. However, the nature of employee […]