Benchmarking Your Benefits
An attractive benefits program is vital for your recruiting and retention efforts, but it is also a significant expense. To ensure you are providing a package that is both competitive and economical, you need to know how your offerings compare to others in your industry. Benchmark data can provide valuable insight for evaluating your benefits package, something that is more important than ever in light of health care reform.
Benefits of a Business Owners Policy (BOP)
As a business owner, there is no shortage of things that you need to manage on a daily basis. Whether it’s supervising employees, connecting with new clients or anything in between, there is only so much time in the day. That being said, it’s nice to have the peace of mind that you and your business are covered in the event that an insurance claim is brought against you. A business owners policy (BOP) is a good option for small and midsized businesses, and it can offer you plenty of advantages.
10 Strategies to Address Distracted Driving
Distracted driving is a safety risk that can lead to vehicle accidents, injuries and even fatalities. Employers have a responsibility to encourage safe driving habits among their employees, especially those who operate company vehicles or drive for work-related tasks.
5 Health Tips For Spring
The American workforce has gotten older, with people staying in school longer and others delaying retirement. According to the U.S. Department of Health and Human Services, nearly 70% of 65-year-olds will need long-term care (LTC) in their lifetimes. As such, LTC insurance has become a crucial component of financial planning, offering a safety net for individuals facing extended periods of health care and assistance needs. As the workforce ages, employers should recognize the importance of offering comprehensive benefits.
2025 Commercial Insurance Market Outlook
The commercial insurance market is cyclical in nature, fluctuating between hard and soft markets. These cycles affect the availability, terms and price of commercial insurance, so it’s helpful to know what to expect in both a hard and soft insurance market.
U.S. Supreme Court Rejects Higher Standard of Proof in Overtime Exemption Cases
On Jan. 15, 2025, the U.S. Supreme Court issued a decision in E.M.D. Sales Inc. v. Carrera, which decided what evidence an employer needs to show to prove it correctly classified employees as exempt from minimum wage and overtime pay under the Fair Labor Standards Act (FLSA).
Flexible Benefits and Counteroffers
Hiring and retaining key talent is a pressing issue for most organizations. As employers consider how to attract and retain the necessary talent to succeed in the modern marketplace, flexible benefits are a consideration for organizations to meet the evolving needs of the employment market.
Seven Insurance Policies for Small Businesses
With so many different types of insurance, it can be overwhelming to determine what type is best for your small business. CoyleKiley Insurance, Inc. is here to help explain the types of insurance policies available and how they can help protect you, your employees, and your business’s bottom line.
Personal Umbrella Liability Insurance
While it’s difficult to pinpoint the monetary consequences of the risks you and your family take each day, are you certain your current liability insurance offers you enough protection?
5 Steps for Year-Round Benefits Engagement
Open enrollment is something you probably only think about a few times a year. For employees, it might be even less often. And that’s unfortunate because that means employees may not be maximizing their benefits. That’s why it’s important to touch on benefits throughout the year – to ensure employees are making the most of them.