We discuss what our clients and other employers are doing to manage risks, promote employee productivity and morale, reduce costs and improve their organizations as a whole.
Congress passed (and the President signed into law) two spending bills, one of which contained the provisions for the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”).
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The ADA has proved to be one of the more difficult and time-consuming laws for employers. Know the basics to maintain compliance.
Microsoft IDs notable phishing scams, DOJ charges Russian hackers, new intimidation tactics target ransomware victims and other cyber risks.
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Introducing our 2020 MarketPulse trend report, where we discuss what our clients and other employers are doing to manage risks, promote employee productivity and morale, reduce costs and improve their organizations as a whole. This year's trend study report focuses on strategies employers can use to respond to the constant changes and challenges they face today including exploring cost-saving options to combat increasing healthcare costs, offering financial wellness and benefits strategies to address employees' personal financial challenges and improve engagement and productivity, implementing strategies to effectively manage workplace injuries and reduce the overall cost of claims and responding to the risk of business disruption and ever-evolving cybersecurity threats. In addition to a discussion of each trend, you will find supporting materials at AssociatedBRC.com/MarketPulse.
Download the PDF: MarketPulse 2020
Facing an 8% year-over-year increase in health plan spending, the School District of Elmbrook worked with Associated Benefits and Risk Consulting to implement a results-driven strategy and reverse the trend. The district has seen decreasing costs four years in a row and has improved benefits offerings without shifting costs onto the employees.
High associate turnover is costly, distracting, and unproductive for law firms. To recruit and retain the right mid-level associates, partners, and other staff, law firms must provide short- and long-term incentives
that align with their culture and goals in order to
create a professional environment crucial to the success
of the firm's attorneys. Benefits and related services need
to mesh with the entire compensation structure for all
levels, from junior associate through full partner.
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Capital One joins the growing list of organizations that have experienced a major data breach. The latest so-called “mega-breach,” detected on July 19, 2019, resulted in an unauthorized, third-party contractor gaining access to personal information related to credit card applications for consumers, applicants and small businesses, including names and addresses, Social Security numbers, bank account information, and credit information. Because businesses are increasingly being targeted by advanced attacks, customers of Capital One and those with corporate accounts at any bank should do the following to stay safe.
The Capital One data breach detected on July 19, 2019, underscores the importance for employers and individuals to increase their cyber security efforts. According to Capital One, the breach resulted in the hacker gaining access to personal information related to credit card applications from 2005 to early 2019 for consumers, applicants and small businesses.
In a society in which job-jumping has become the norm, employers are routinely confronted with the attendant challenges arising from increased employee turnover. Among the challenges presented are also opportunities to understand the cost of turnover, pinpoint potential sources, and implement best practices for preventing employee turnover.
Assuming a significant portion of the assets that you have accumulated are in the form of a privately held business, planning is important, and so is timing Unfortunately, life doesn’t come with guarantees. That calls for contingency planning to make sure that you or your family receive a realistic value for the equity stake you have in your business in the event of the unexpected.
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