- Providing world class service and value for employee benefit group plans since 1987
Employee benefits are an important form of compensation provided to employees for the services they render to a company. From law-mandated insurance to voluntary perks, providing employee benefits can play a big role in inviting and retaining top talent in your organization. A lot of business owners ignore the need to offer employee benefits because they are focused on getting their company off the ground and making a profit. Avoiding employee benefits might save your company money at first, but
Read Full Article Here
In the US today, the need to provide employee benefits is more emphasized for large businesses compared to small businesses due to the difference in the number of active workers. Also, the larger the workforce of an organization, the easier it is to land attractive benefits packages. That said, small business employee benefits are still very important as they play a major role in the quality of life that employees experience. For owners and employees of a small business,
Read Full Article Here
Employee benefits have gotten better with time and most companies offer employee benefits packages with improved value. Job seekers often target job openings with the best employee benefits, as such benefits can greatly reform their lifestyle. The more exceptional employee benefits packages are, the easier it is to maintain a happy, fulfilled workforce that consists of loyal employees. Find out how employee benefits function so you can figure out the best package options for your staff.
Offering employee benefits can be the deciding factor when it comes to employee recruitment, employee retention, work morale, and subsequently, your organization's growth. Paying your employees their regular salary alone is not sufficient for them and your company. Many employers can choose the range of employee benefits to offer, but some benefits are regarded as fundamental by the federal government, and as such, are required by law. In this guide on employee benefits, we shed light on legally required benefits.
The employees of a company or business are its backbone as they determine and regulate the day-to-day activities of that organization. The amount of progress that an organization experiences is often a reflection of the quality of its employees and the standard of life that the employees enjoy. For an employer or a business owner, keeping employees happy should be a priority, and that is why employee benefits packages exist. Discover what employee benefits are all about, and why they
Read Full Article Here
Small business owners often face the challenge of finding the right group health insurance plan for their employees. With so many options available, it can be overwhelming to determine which plan is the best fit for your business. In this article, we'll discuss the different types of group health insurance plans, how to determine your business's needs, and what to look for when comparing plans. Types of Group Health Insurance Plans There are three main types of group health insurance
Read Full Article Here
Group health insurance is an essential part of any business, as it provides employees with access to medical care and protects them from financial burdens in case of illness or injury. As an employer, it's your responsibility to ensure that your employees have access to affordable and comprehensive health insurance coverage. Offering health insurance to your employees does not only benefit them but will also benefit your organization greatly and in many ways. However, with so many health insurance
Read Full Article Here
The Affordable Care Act (ACA), sometimes referred to as Obamacare, was enacted into law in 2010 to expand access to health insurance for all Americans. Another name for the ACA is Obamacare. Employers that have at least 50 full-time workers are required under the Affordable Care Act (ACA) to provide health insurance to their staff members or face fines. This provision is one of the most important parts of the law. This rule has had a substantial influence on group
Read Full Article Here
The premiums for group health insurance may be a substantial expenditure for small companies; thus, it is essential to efficiently manage these expenses to assure the continued viability of the organization. The following are some of the best practices that may be used to control costs of premiums for group health insurance:
Group health insurance plans are a form of health insurance coverage that is often made available to a group of individuals by way of their company or another organization. These plans are intended to provide coverage for medical expenditures incurred by the members of the organization. They may provide a variety of benefits and coverage levels to meet the needs of their participants. There is a wide variety of options available to choose from when it comes to
Todd Taylor with Taylor Benefits gives our small business the kind of personal service we need. Insurance benefits are important to our employees and Todd helps us find a balance between benefits and value. Todd responds immediately to my phone calls & e-mails. He has even gotten in touch with me on a Sunday when we were in need of coverage answers immediately. We are very pleased with the hands-on service Todd and his staff provide.”
-Ken and Linda Orvick, Orvick Management Group, Inc.
We’re ready to help! Call today: 800-903-6066