-
18 Jul
Financial Safety Nets – Don’t Let Your Employees Slip Through the Cracks!
Posted: July 18, 2023
In the wake of the Great Depression and WWII, employers started to add benefits packages. Healthcare had fallen by the wayside for families working to access the basic necessities of life. The idea was to support the employee’s personal needs while keeping and attracting the best talents in the workforce. This trend of offering benefits […]
-
12 Jun
Benefits 101: What Is an EAP?
Posted: June 12, 2023
As much as employers might prefer that employees’ personal affairs do not interfere with their work, the reality is that problems outside of the workplace can and do impact job performance. Many of these issues go unaddressed due to fear of stigmatization, leading to further declines in employee health and productivity. Anxiety and stress, financial […]
-
05 Jun
What Is a Total Rewards Package?
Posted: June 5, 2023
Total rewards packages refer to the compensation and benefits plans that companies offer. This phrase, however, extends beyond mere salary or wages and traditional benefits, like health insurance, to provide both recruits and employees with a rundown of what makes the employer special. Some in Human Resources might regard the total rewards package as the […]
-
30 May
Benefits 101: What is an HSA?
Posted: May 30, 2023
Are you the type of person who loves to save money? You’ll be happy to know that there’s a way to do so with your health care costs. It starts with medical expense accounts which let you set aside money to pay for certain health products and services. One type of medical expense account is […]
-
18 Apr
Employee Benefit Trends: What is a Lifestyle Spending Account?
Posted: April 18, 2023
A Lifestyle Spending Account (LSA) offers employers an opportunity to help fund health and wellness costs that a traditional group health plan won’t cover. LSAs are often used as perks to attract and retain quality employees and could be a desirable piece of the employee benefits puzzle. What Is a Lifestyle Spending Account? A Lifestyle […]
Innovative Insurance Group