Key Person Benefits Defined

Key Person Benefits

What Is Key Person Insurance? Key person insurance, sometimes called keyman insurance, helps a business stay financially stable if an owner, founder, executive, or essential employee passes away. The policy is designed to give the company financial support during a difficult transition. For many businesses, certain people are closely tied to revenue, leadership, client relationships, […]

What the 2017 Trump Healthcare Executive Order Meant for Employers

What the 2017 Trump Healthcare Executive Order Meant for Employers Updated Note: This article discusses the 2017 healthcare executive order and its impact on employer benefits planning. While some rules and market conditions have changed since then, the topic remains useful for understanding how federal healthcare policy can affect plan options, employee communication, and long-term […]

The importance of attendance software

It’s easy to dismiss time and attendance management software as nonsensical gimmicks which have no consequences on the bottom line of the company, but their role in improving an organization’s productivity becomes alarmingly clear once the automation is rolled out. From the perspective of both HR and non-HR personnel, the time and attendance software helps […]

Numerai offers cryonic freezing as their employee perk

The use of employee perks is an extremely important strategy for any company that wants to attract candidates with impressive credentials. We’ve heard free yoga classes, an in-house gym, paid for meals and even something as stupendous as an indoor climbing wall, but this artificial intelligence tech firm has really gone the extra mile. Cryonic […]

Should Your Company Offer Tuition Reimbursement?

Should Your Company Offer Tuition Reimbursement? Tuition reimbursement can help employers attract skilled workers, retain strong employees, and build talent from within. But for small and mid-sized businesses, the question is not just whether education assistance sounds good. The real question is whether the benefit can support company goals without creating costs the business cannot […]

Mental disorders: how they affect your bottom line

According to a study conducted by the Substance Abuse and Mental Health Services Administration (SAMHSA), 25% of Americans suffer from mental disorders each year. The majority of these mental disorders go completely untreated and unreported; the result of this weighs heavily on businesses which experience an estimated loss of over $220 billion. While terms such […]

Payroll generation: The HR personnel’s worst nightmare

Imagine a company with a staff of around a thousand people. Knowing their attendance records, amount of time spent in the office, work efficiency and absenteeism can quickly become a frustrating process, requiring the collective effort of accountants, HR staff and clerks. In other words, it’s the HR staff’s worst nightmare! Enter the era of […]

Understanding Generation Z

Gaining a thorough understanding into what motivates this new generation of youngsters can help you attract talent that is over 20 million strong! Born between the years 1990 and 1999, their challenges and life goals are an entirely different beast than those of older generations. The power of the internet has equipped them with a […]

The importance of stock benefits

Employee benefits have grown far beyond simple reimbursement packages such as health insurance and big salaries. An increasingly preferred means of motivating the employee is by offering them a piece of the company. The stakes get higher when it’s your business on the line. And this line of thinking has the subtle yet effective means […]