How Group Benefits Impact Work-Life Balance
Posted: September 13, 2024
In today’s fast-paced work environment, the importance of a healthy work culture prioritizing a healthy work-life balance cannot be overstated. While “hustle culture” has gained popularity by glorifying relentless work and productivity, these mindsets often promote unsustainable habits. Much like crash dieting, which may offer quick results but ultimately harms long-term health, an unbalanced focus on work can lead to burnout and negatively impact both...
How Business Insurance Helps You Weather Any Storm
Posted: September 4, 2024
September marks National Preparedness Month when businesses are encouraged to assess their readiness for unexpected challenges. Whether it’s a natural disaster, a cyberattack, or a legal dispute, being prepared is essential to the longevity and success of any business. One of the most critical components of preparedness is having the right business insurance. It provides a safety net to help your business survive and recover...
5 Ways Lifestyle Spending Accounts (LSAs) Boost Employee Wellness
Posted: August 28, 2024
Employee wellness is an underrated way of elevating productivity and job satisfaction. Lifestyle Spending Accounts (LSAs) are employer-funded accounts designed to cover various wellness-related expenses, enhancing employee well-being. LSAs boost wellness by supporting fitness memberships, mental health services, healthy eating programs, work-life balance activities, and stress management resources. These accounts offer personalized benefits, empowering employees to choose wellness activities that suit their needs and improving...
How to Reduce Expenses in Your Small Business
Posted: August 19, 2024
One of the most common struggles for small businesses involves managing costs and reducing expenses. It’s essential for maintaining profitability and fostering growth. Practical strategies such as renegotiating contracts, optimizing energy usage, and exploring cost-effective technology solutions can help owners effectively reduce expenses without compromising quality or productivity, ensuring long-term sustainability and success. Analyze and Monitor Your Spending Analyze and monitor spending by conducting a...
What happens to my 401(k) if my employer’s business shuts down?
Posted: August 13, 2024
A 401(k) is widely used to facilitate retirement savings, providing employees with a tax-advantaged way to build their nest egg. When an employer goes out of business, employees often worry about the security of their 401(k) funds. Fortunately, 401(k) plans are protected by federal laws and typically remain intact. Ownership of a 401(k) Account 401(k) accounts are owned by employees, not employers, ensuring the security...