5 Employee Benefits That Promote a Strong Work-Life Balance
Posted: July 28, 2021
All employers want to have a team of loyal, dedicated workers, but what does it take? Today's generation of workers is seeking a more positive work-life balance. As an employer, you can foster higher employee loyalty by offering certain benefits to your current and prospective employees. Your employees are often married, building a family, and value working for a company that recognizes that life is...
Business Income Coverage vs. Business Interruption Insurance: What's the Difference?
Posted: July 19, 2021
Protecting your business with insurance is essential. It starts with understanding what each type of business insurance covers. Business income coverage and business interruption insurance are terms often used interchangeably – but is there a difference? All business insurance policies vary in what they cover. You may have access to a policy that protects repairs to a facility, damaged inventory, and lost income, or you...
5 Employee Retention Strategies for 2021
Posted: July 13, 2021
2020 and 2021 have brought a new set of challenges to employers – and their workers. Unless your business delivered essential services, it is likely that most of your employees worked from home. While many businesses have "weathered the storm" and will return to doing business as usual, others are facing larger challenges. The power has shifted from employer to the workforce, with hundreds of...
Do I Need Business Insurance for my LLC?
Posted: July 4, 2021
If you established a limited liability company (LLC), you chose that type of entity for the protection it provides to your personal assets, along with the tax benefits. Unfortunately, even an LLC cannot entirely protect you from some risks. While your personal assets are generally protected, in certain situations, you have almost zero protection. For example, without business insurance, a slip and fall injury accident...
An In-Depth Look Into Employer 401(k) Contribution
Posted: June 28, 2021
You are fortunate if you work for a company that offers a 401(k) plan as part of its benefits package. Most plans allow employees to start contributing tax-deferred dollars toward retirement with the first paycheck. Many employers provide matching contributions right away, although some require a year of service before employer matches begin. How do your employer’s 401(k) contributions measure up to other plans? The...