Internship and mentoring programs are popular among some of the nationís top advisory firms, but they also know it takes more than a cursory relationship with universities to recruit and retain talented producers. See how brokerages such as Arthur J. Gallagher, Lockton, Willis and USI Insurance Services are securing the loyalty of the nationís up-and-coming elite advisers.
How small companies are making use of their employee assistance programs.
Employee benefit departments are perceived by some as the ďsoft underbellyĒ in the world of corporate hacking targets, according to Adam Solander, a member of law firm Epstein Becker Green.
For many of these companies, getting through to large employers can be difficult, if not impossible. A National Business Group on Health competition is giving them an opening, and providing valuable feedback for all.
Small employers such as Beehive PR and Beach Cities Health District create a culture of mental wellness with a suite of day-to-day programs that encourage work-life balance, employee involvement and employee growth and development opportunities.
During annual open enrollment, the focus of most peopleís attention is squarely on health insurance coverage, and yet the season is an ideal time to consider other benefit elections, too.
Cristian Igualt and his wife, Ana Castro, just had their second child. Now both parents are on monthslong paid leaves from their job, making the family extremely lucky and rare in the U.S. workforce.
ACA reporting becomes mandatory in 2016. Preparing employers to be compliant with reporting requirements is a core service that advisers should be offering, industry experts say.
Fee disclosure regulations, the DOLís proposed fiduciary rule and lawsuits related to 401(k) fees have heightened both plan sponsorsí and plan participantsí awareness of the costs of 401(k) plans.
401(k) and other defined contribution plan sponsors report high participation rates by millennials; however, millennials with student loan debt are saving at a lower rate.
Internship and mentoring programs are popular among some of the nationís leading advisory firms, as is maintaining strong relationships with universities. But brokerages must also work to dispel misconceptions many people have about the industry if they want to ensure they can develop enough home-grown talent.
MassMutual develops an integrated benefits exchange combining retirement savings, healthcare and virtually all other kinds of benefits in a unified, cloud-based system.
The NFL and the NFL Players Association work together to build a comprehensive wellness program that helps retired football players better transition into a life without football, both financially and emotionally.
Many women contribute to their workplace retirement plans, but are also are very concerned about not being able to retire when and how they want to, implying that they may not be saving enough to feel secure about reaching their retirement goals.
When a stock deal is amended, typically the shareholders of one company feel theyíre being shortchanged, says USIís Michael Turpin, who shares his views on the new merger agreement and what it could mean for the industry as a whole.
Willis Group Holdings Plc, the third-largest insurance broker, agreed to better terms for Towers Watson & Co. shareholders in a proposed merger after the consulting firmís investors said that a June agreement was inadequate.
Brokers have been largely an afterthought on the public health care exchanges, industry insiders say, and one company says it is trying to change that at no cost to the broker.
Many companies have embraced financial incentives as a way to encourage participation in wellness programs, but workers still express concerns about privacy and not wanting their employers to be involved in their health and well-being.
More companies are offering both a traditional 401(k) plan and a Roth 401(k) but plan participants are not as quick to embrace the Roth 401(k) as their employers are.
The biggest U.S. health insurer is considering pulling out of the Affordable Care Act as it loses hundreds of millions of dollars on the program, casting a pall over President Barack Obamaís signature domestic policy achievement.