How Does Employee Turnover Impact Your Business?
Posted: March 28, 2022
A loyal, dependable workforce is a critical aspect of business success. When a company is experiencing a high turnover rate, it is imperative that you discover what is driving the exodus before it worsens. The costs of employee turnover to a business are more than financial, and include the following: Reduced morale. Workplace relationships are important, and when a valued employee leaves, it impacts the...
5 Pitfalls to Avoid When Choosing Disability Insurance
Posted: March 25, 2022
Disability insurance serves a critical role in your health and welfare should you become very ill, incapacitated, and need special care in the future. However, when choosing a disability insurance policy, you must be careful to avoid four pitfalls: 1. Benefits could cancel each other. Group insurance policies, such as those provided by an employer, may subtract your benefits from a group disability policy, including...
How to Use a Fixed Annuity for Retirement Income
Posted: March 22, 2022
A fixed annuity works to create income stability during retirement. These insurance contracts are designed to pay the owner a guaranteed interest rate, rather than being subject to changes in the market and interest rates. These insurance policies are purchased with a lump sum, or paid for overtime, with a guarantee from the insurance company that the account will earn an unvarying interest rate. The...
How to Prepare for an Employee Going on Maternity Leave
Posted: March 13, 2022
Companies with over 50 employees are required, under the FMLA (Family and Medical Leave Act), to offer maternity leave for up to 12 weeks. Over that period, the person’s job is protected, and after the parental leave time has expired, the person has the right to return to the original job, without penalty in pay or position. When an employee is planning to go on...
What Does Health Insurance Cover After Pregnancy?
Posted: March 10, 2022
Your health insurance covers some of the medical costs during and after having your baby. Expectant mothers rely on their health insurance to cover outpatient services for prenatal visits with their doctor, screenings, medications, and inpatient care before and during the birth process. Health insurance policies vary in the options they provide, and you may need to find a doctor you like in the insurance...