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Workers’ Compensation 101 for Small Business Owners

Homebase

That’s why workers’ compensation insurance—also often called worker’s comp — is mandatory in most states. Understanding worker’s compensation insurance is crucial to protecting both your employees and your business. Get started for free with Homebase What is workers’ compensation insurance?

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Opportunities for Small Regional Insurance Carriers in the Talent Shortage Era

Recruiting Blogs

© 2024 Neeljym Search Group ® All Rights Reserved [link] As we ushered in the new decade in 2020, the insurance industry found itself grappling with a talent shortage. Large insurance companies are implementing layoffs and enforcing return-to-office policies, triggering additional early retirements and industry exits.

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Pay-for-Performance Management and Compensation: A Symbiotic Relationship

HRsoft

Decisions about employee compensation can have an undeniable impact on an organization. While larger compensation packages can cost a company more, they serve as an effective tool in boosting employee morale, improving work efficiency, and motivating team members to do more. Additional perks.

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Opportunities for Small Regional Insurance Carriers in the Talent Shortage Era

Recruiting Blogs

© 2024 Neeljym Search Group ® All Rights Reserved As we ushered in the new decade in 2020, the insurance industry found itself grappling with a talent shortage. Large insurance companies are implementing layoffs and enforcing return-to-office policies, triggering additional early retirements and industry exits.

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Leveraging Compensation: Why Pay Equity Is Key to a High-Performing Workforce

Slayton Search Partners

Despite challenges, fair compensation remains critical to talent attraction and retention. Compensation is vital to talent attraction and retention today. Demand for fair compensation—a concept that has proven difficult to define—will only escalate in the wake of rising inflation rates and imminent recession concerns.

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Advocating for Women in Insurance: A Current State Analysis

Slayton Search Partners

There is a surprisingly rich history of women in insurance. Organizations like New York Life , Prudential , and National Life Group , are proud of the stories they can tell about their first female agents, hired in the late 1800s and early 1900s—an era when only a tiny fraction of women had jobs outside the home at all.

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4 Compensation Management Trends for 2023

HRsoft

Enterprise organizations have had to navigate all these challenges in recent years – is compensation management adding to your headaches? Compensation management is the process of how an organization pays its employees. This can include both direct and indirect compensation , such as salary, bonuses and benefits.