This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Has leadership that fully supports and is engaged in these initiatives. The business case for employee wellness Your business should prioritize employee wellness if leadership cares about: Reducing healthcare claims and containing benefits costs (particularly health insurance). Emphasize emotional intelligence in leadership.
As insurance executives plan for the new year, what’s top of mind? What areas are ripe for innovation? McKinsey Senior Partners Jörg Mußhoff and Fritz Nauck discuss these and other topics.
This includes: Retirement account (401(k)) Health insurance (along with dental and vision insurance) Paid time off (PTO) Life insurance Disability insurance. Transparent leadership. Of course, the standard suite of benefits will always be important in attracting and retaining employees. Diversity and inclusion.
Their benefits include: Healthier employees, which can help companies contain health insurance costs Less absenteeism and, therefore, greater productivity Higher morale A sense among employees that their employer cares about them in a holistic manner – beyond their functional role at work – which can strengthen loyalty and improve retention.
The technology, insurance, telecommunications, professional services, and media and entertainment industries are among the biggest adopters of long-term remote and hybrid arrangements. In part, some of these regional differences are due to where remote-friendly industries like technology and insurance are concentrated.
This includes medical, dental and vision coverage, a health care flexible spending account , a retirement plan, life insurance and personal accident insurance, short-term and long-term disability insurance, adoption assistance, commuter benefits and educational assistance. Training and development. I-9 requirements.
Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. Crandall recalls how MassMutual and other insurers emerged from challenges to their business in the 1970s and early 1980s with new products. Hello and welcome to Modern CEO !
What is the dominant leadership style? Servant leadership. Many companies provide a basic benefits package that may offer employees access to things like: Health insurance. Dental insurance. Vision insurance. Life insurance. Disability insurance. How do you motivate, reward and recognize your team?
You’re probably well-aware of the direct costs you pay in workers’ compensation insurance premiums, but you may not have considered the indirect costs of on-the-job accidents and injuries. Your workers’ compensation insurance carrier – Many carriers provide fee-inclusive safety consultation services to their customers.
But the HR team can be a strategic partner to leadership in maintaining a desirable work environment. Armed with this intelligence, HR professionals can work with company leadership to identify potential problems or opportunities for improvement, and make plans for how to move forward and effect change.
Employers who lead remote team members need to hone certain leadership skills from a distance: Getting to know everyone on an individual basis Regularly checking in Gauging levels of stress, engagement and motivation Understanding when shifts in normal behavior and mindset have taken place. How transparent is leadership?
Everyone wants less expensive benefits and insurance (and without having to scale back on coverage). These opportunities are examples of soft cost savings that often come with HR outsourcing , and they often help employers more adeptly run their business.
Often, change is predictable or planned well in advance, such as: Implementation of a new system or technology Introduction of a new office policy Moving to a new office Mergers and acquisitions Modification to senior leadership Reorganization of staff Retirement of a top-performing, highly valued employee. Loss of key client.
The death of an employee can also impact your business in other ways: If the deceased held a critical leadership role in your organization If the deceased had a highly specialized skill set or knowledge base that no one else has If the deceased had the primary relationship in your company with an important customer. Summing it all up.
In addition, challenges around leadership development, recruitment, retention of top talent and employee engagement become increasingly complex as the business grows and evolves.” “HR leaders can quickly become consumed with new complexities in compliance, benefits administration and employee relations issues stemming from a larger workforce.
Leadership should decide on the content of messaging, and it should cascade down through the organization in a prepared process. It’s also a way to express empathetic leadership. Extend support to employees.
As a co-employer, the PEO you choose will ultimately take responsibility for processing payroll, providing workers’ compensation insurance coverage, providing employee benefits and a host of other sensitive tasks. How long has the current leadership team been in place? Here are some questions to consider: When was the company founded?
Its role is similar to a director of human resources (HR), a trusted confidant at the leadership table, operating at your direction. With a PEO, your staff gains access to employee benefits that rival that of a Fortune 500 company — including health insurance plans, retirement and other benefit plans.
When you discuss this during the interview, also share examples as to how those values are put into practice by the leadership team on a daily basis. Leadership: Tell me about a time when you had to inspire or energize an unmotivated individual or group? Benefits: Don’t skimp on the details when it comes to what your company offers.
Toyota Insurance President and COO Robert Spencer shares his views on how OEMs and insurers can partner to enhance customer experience as the mobility ecosystem evolves.
High-trust culture starts with great leadership. So, if leadership is so important to create a great workplace, how to develop your next generation of business leaders becomes an existential question. That’s what prompted BluSky Restoration Contractors to create a formal leadership training program.
The workplace can contribute to the development of chronic diseases, including heart disease, through harmful conditions like these. Such stressors are also linked to increased blood pressure, obesity, diabetes, metabolic syndrome, and depressionall other risk factors for heart disease.
Of course, military reservist and veteran employees want the same set of benefits as anyone else: health, vision and dental insurance, 401(k) and paid time off (PTO), for example.
7-minute read First things first, defining leadership Unfortunately, the dominant narrative in leadership theory comes with a masculine basis. And all too often, leadership is over-simplified, with the leader positioned as the all-seeing, all-knowing ‘hero’ of the story. (and Society, systems and culture conspires.
A PEO whose health insurance plan centers on a state-specific carrier (e.g., They can tell you whether they have access to multiple insurance carriers and networks that would accommodate that growth. Is the plan fully insured or partially self-funded? The employer assumes the role of the insurer in a self-funded arrangement.
Combined Insurance, a provider of individual supplemental, accident, disability, health, and life insurance products, and a Chubb company announced Michele Briggs as the company's new Senior Vice President of Human Resources.
If your HR department is tied up with those basic functions in a growing business, then they will have limited time to work on more strategic initiatives such as: Leadership development Employee recruitment and retention Employee engagement. This allows for budgetary certainty over a multiyear period.
This is where your company’s leadership should come in to help them through this change. They’re freed up to focus on things like training, leadership development, company culture and employee engagement – or other priorities that deserve their attention. Do they think I can’t do my job? Change management.
For small- and medium-size businesses, worker’s compensation insurance costs can be exorbitant. When this happens, your leadership team and workforce become a like-minded, efficient machine – and you’re well-positioned to consider an acquisition. Is the leadership team of the to-be-acquired company receptive to a new culture?
Rent or mortgage payments, utilities and related expenses such as insurance and maintenance costs add up quickly, limiting growth opportunities and profits. Get fresh insight into how to take the lead and run with your organization’s strategic plans when you download our free magazine: The Insperity guide to leadership and management.
A future expected to be volatile means that leaders need to prepare their organizations to expect the unexpected, the Liberty Mutual Insurance executive says.
The Health Insurance Portability and Accountability Act (HIPAA) also protects the privacy of your health information. Your supervisor’s leadership during recent difficulties and the encouraging work environment they’ve created could be recognized.
Another example is partnering with an organization or association so your business can share high-value thought leadership content with its audience or network to further establish your authority and expertise in your market niche. Five benefits of strategic partnerships.
Alongside your business leaders and other key stakeholders, conduct a thorough review of your: Current economic, market or industry landscape Pre-crisis business model and strategies Leadership Culture Organizational structure Strengths, weaknesses, opportunities and threats (SWOT analysis).
Let’s break down management and leadership roles in the workplace in detail. In comparison to leadership, management involves accomplishing the broad goals set by leaders. What is leadership? Leadership, in contrast, means overseeing followers rather than subordinates. Management vs. leadership. What is management?
Nancy Kingery is the Executive Assistant to the President & CEO at Illinois Mutual Life Insurance Company in Peoria, IL. In this episode, Nancy and I talk about creating culture, leading from an often “invisible” leadership role, and working with an executive who has never had an assistant. LEADERSHIP QUOTE. Simon Sinek.
The CEO and co-founder of Arbol discusses how the insurtech fills gaps in insurance coverage with parametric solutions powered by AI while drawing from a diverse array of expertise.
If they get sidetracked and forget to enroll by the required date, it could cause them and their dependents to miss out on health insurance until open enrollment rolls around. It’s imperative that your leadership team has the time and focus needed to investigate problems, document incidents and counsel employees.
When I founded YuLife, I wanted to create an insurance company that encouraged people to live their best lives—both professional and personal—so it is extremely inspiring and validating for me that well-being is shifting from solely an HR function to a critical business priority. It’s not just right for your business.
Get the help you need to: Provide employee access to big-company benefits – When outsourcing, everything from medical health insurance and dental and vision coverage to adoption assistance and training and development resources are in reach. For instance, millennials want to continually learn and grow.
Career advice, lessons learned on the job, and more from a culture champion at one of the Fortune Best Workplaces in Finance & Insurance™ in 2023. We spoke with Caryn Best, senior vice president, marketing & communications, for IAT Insurance Group about her career and work building a better workplace culture.
It is my sincere hope that those who read my latest book, “ Hacking Leadership ”, will use it to as a tool to plow a path to significance, not merely success. My challenge to you is this…set the chinning bar very high for yourself by re-evaluating your goals and objectives to insure that you are on a path towards significance.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content