Lewis & Ellis - Actuaries and Consultants’ Post

Are you underestimating the importance of a strong employee benefits package? More than half of job seekers say they would consider a lower-paying job if it had a better benefits package. Here’s how voluntary benefits can help you round out your offerings without breaking your budget. https://lnkd.in/gA5ShaNz

🚨 Critical deadline for Employers offering benefits! The April 28th due date for Summary Plan Description delivery is swiftly nearing! Ready to avoid DOL fines up to $147/day, per employee? 🚨 Don't wait until it's too late. Access our latest blog for a free SPD guide and ensure your organization is on track. ➡️www.acclimatehr.com/blog #HRCompliance #EmployeeBenefits #SPDs #ERISADeadline #HRManagement

Are you underestimating the importance of a strong employee benefits package? More than half of job seekers say they would consider a lower-paying job if it had a better benefits package. Here’s how voluntary benefits can help you round out your offerings without breaking your budget. https://lnkd.in/gRjSfeGR

Employee Benefits - Even for those who would not qualify if they purchased privately. Good employers ensure they have their employees covered. Layer additional benefits with what you currently offer at no cost. Government approved program. #EmployeeBenefits #Employers #GovernmentProgram

Are you underestimating the importance of a strong employee benefits package? More than half of job seekers say they would consider a lower-paying job if it had a better benefits package. Here’s how voluntary benefits can help you round out your offerings without breaking your budget. https://lnkd.in/gWGFaeeS

Each year, employers must file an annual report with the Department of Labor for their ERISA-covered employee benefit plans, unless a filing exemption applies. This Compliance Overview summarizes the Form 5500 filing requirement and highlights the deadlines for calendar year plans.

When employee benefits need to evolve, it’s time to evaluate. Have us take a look, answer questions and evaluate the status of your benefits package plans. https://lnkd.in/dFTXizMW #ChambersPlan #EmployeeBenefits #GroupBenefits

Introducing Group Income Protection! This affordable employee benefits solution is a business expense that can save you hundreds or thousands £s on employee absenteeism. It can also replace individual cover and ensure no underwriting is required in most cases. As an employer, you can cover key personnel or all staff. Plus, it helps retain and engage staff as a "caring" employer. Check out our Group Income Protection factsheet for more information and get in touch with us for quotes. #groupinsurance #glasgowbusiness #scottishbusiness #smallbusinessinsurance

Protect Your Employees with Workers Compensation! 🌟 Did you know that a solid workers' compensation program can be a great way to attract and retain top talent in your organization? 🚀 Ensuring your team feels safe and supported can make all the difference in their satisfaction and loyalty. Workers' compensation covers essential benefits like: ✅ Medical expenses for work-related injuries and illnesses ✅ Wage replacement during recovery periods ✅ Rehabilitation services to aid return to work ✅ Disability benefits for lasting impairments ✅ Death benefits to families of deceased workers Having a robust workers' compensation program (including how claims are managed from start to finish) demonstrates your commitment to employee well-being, fosters a positive work environment, and enhances your company’s reputation. This proactive approach not only protects your employees but also strengthens your brand, making your company an attractive place for top-tier talent. 🎯 ❗Remember, each workers' compensation policy is subject to individual state rules and regulations. #EmployeeSafety #WorkersCompensation #AttractTopTalent #EmployeeWellbeing #BusinessInsurance #WorkplaceSafety #TalentRetention #InsuranceBroker #BusinessGrowth #HR #EmployeeBenefits #BusinessSuccess #BusinessOwner #TheMoreYouKnow #Hospitality #HospitalityInsuranceBroker

Three reasons to review your benefits package with your group benefits broker: 1. In a recent survey, the top reason for employee turnover in 2024—better pay/benefits elsewhere* 2. Estimated cost of replacing an employee is 1.5 to 2 times salary. (Gallup) 3. Different age groups have different benefits needs. For example, employees ages 35–49 were more likely than younger and older employees to be highly or moderately concerned about their financial, mental, or physical well-being. (EBRI)      *Express Employment Professionals-Harris Survey