It could be easier than you think to eliminate a major reason workforce sue. How? Well, roughly 75% of staff member lawsuits happen because of accidental disconnects between an business’s internal policies and procedures, and what’s written in the plan documents. Here are two areas where some the costliest errors …
Nine of 10 HR managers polled by Colonial Life feel that employees have at least a vague notion that benefits are a valuable part of working at a company. Nonetheless, the same study found that only 21% of those businesss believed their personnel had a strong understanding of the workings …
Incorrect billing from health insurance carriers is more common than you could think. The average plan sponsor can get overcharged by 5% a year, according to brokerage and consulting firm Corporate Synergies Group. Like most businesses, insurance carriers rarely keep perfectly up-to-date records on their clients. Therefore, plan sponsors often …
With the downturn in the economy, it seems like most businesses are shifting their focus when it comes to staff member benefits and compensation. The current situation is also very stressful on benefits managers. In times like these, it’s crucial for colleagues to share their concerns, experiences suggestions. Several weeks …