By definition, Disruptive means “causing or tending to cause disruption”, but in business, it generally refers to “innovative or groundbreaking”. My 15-year son being disruptive in his classroom is not encouraged, but it takes guts to be a trailblazer in the business world. Also, if you’re successful, then the masses will follow. Who Said a Tiger Can’t Change Its Stripes? … Read More
10 Employee Benefit Plan Tips That Keep Employees and Employers Happy
10 Employee Benefit Plan Tips Usually, there is a disconnect between employers and employees as it relates to employee benefit plans. Employees want a comprehensive plan and employers need to be watchful of the bottom line. Pleasing both parties is not always easy to achieve. Here are 10 Employee Benefit Plan Tips that if incorporated into your plan, will satisfy … Read More
What is the Secret to Sustainable Employee Benefits Plan Costs?
Health Spending Accounts Advantages for the Employer If I was talking to a business owner about setting up a health spending account, I could tell them that they determine how much they are willing to spend each year and have greater control over the funding of a Health Spending Account program than they do in a traditional plan design. This … Read More
How Can Your Benefits Plan Benefit From a Third Party Administrator?
A prospective client asked me recently ‘why use a Third Party Administrator?’ I thought this was a blog-worthy item of interest and write about it this week as this is not the first time I’ve been asked this question. First of all, it’s important to understand what a TPA is all about and what role do they fulfil within the … Read More
What are the Not So Obvious Factors That Impact Employee Benefits Cost?
Over the past couple of decades, employee benefits have increased in importance and have become a critical part of employee compensation programs. Employees are using their dental, prescription drug, paramedical and vision coverage at record levels. The three major factors contributing to the increases in benefits costs are: Aging: As we get older, we use more health care products and … Read More
How Would You Like to Pay A Lot Less at the Dentist?
I love to learn. A big part of what I do is teaching business owners and employees about how to keep more money in his/her pockets. So when I find out something new in the employee benefits field, I like to share it. When it is something that potentially can affect everyone, it’s even more relevant. Doesn’t everyone want to … Read More
9 Best Practices to Setting Up a Successful Employee Benefit Plan
All Employee Benefit Plans Should Not Be Created Equal When setting up an employee benefit plan, not enough attention is paid to future sustainability and the important considerations that need to be taken into account setting up an employee benefit plan or changing benefit providers. Weigh these tips very carefully when going through the set-up process and you can avoid … Read More
Why We Love Health Spending Accounts….And You Should Too!
Health Spending Accounts (HSAs) are among the best-kept secrets in the benefits industry that offer tremendous opportunities to both employees and employers. Below is a list of 10 perfect reasons why your company should seriously entertain utilizing the merits of this little known yet often heralded non-benefit plan Benefit 1 Tax-Free Money. Whether you’re a Business Owner or Employee, Health … Read More
- Page 1 of 2
- 1
- 2