Tag Archive For "Ban_cor"
Mental Fitness: What Is It and Why Does It Matter in the Workplace?
Today, mental fitness in the workplace is just as important as physical fitness, and employers across all industries are encouraged to give mental fitness as much thought when designing an employee benefits plan for their employees. In the past, many organizations believed that employee benefits plans should focus on an employee’s physical health and fitness. …
Six benefits of emotional intelligence at the workplace
If you’re an HR professional, it’s likely that you already know that developing emotional intelligence isn’t much of a priority at the workplace. When it comes to screening and evaluating new candidates or preparing training, the focus tends to be on educational background, current knowledge, and hard skills, along with personality assessment results; whereas the …
How Pacific Prime Simplifies Insurance Through Comprehensive Solutions
“Simplifying insurance” has been the Pacific Prime motto since our brokerage started over 20 years ago. Fast forward over two decades and Pacific Prime continues to make insurance more accessible and understandable to individual and corporate clients alike. In this Pacific Prime article, we will take a closer look at how a top health insurance …
What Companies Should Know Before Offering Employee Life Insurance
Companies offering employee life insurance as part of their employee benefits package is an excellent talent retention strategy. A life insurance policy will help protect the employees’ dependents from financial pressure when meeting outgoing expenses in the event of the former’s untimely passing. In this blog post, Pacific Prime will be going over employee life …
Study Finds Child Care Benefits for Employees Effectively Pay for Themselves
A new research from Moms First and BCG finds that U.S. employers who invest in childcare benefits experience positive returns on investment, ranging from 90% to 425% ROI. For companies, this is the easiest talent investment decision you can make. This is a huge deal since the rising childcare costs and the lack of childcare …
Key Metrics for the Success of Your Group Health Plan
A key part in managing your group health insurance plan is to constantly review its performance against key metrics such as the loss ratio, the average claims per members, and the number of people in your plan to determine how well your plan fits in your organization and where you can improve. Are you looking …
Corporate Insurance Renewal: 8 Things to Consider
Corporate risks come in many guises. From natural disasters and cyber crime to poor conduct and penalties for non-compliance, the myriad of risks facing corporations are seemingly endless and ever-evolving. Unexpected mishaps can pop up at any time, potentially leading to detrimental outcomes even for organizations with the most robust balance sheets. Therefore, having the …
International Travel Insurance Requirements: What Employers Need to Know
In an increasingly globalized marketplace, employers sending employees overseas has become an essential part of doing business. Such tasks, however, can be fairly involved and complex due to the need to arrange efficient international travel insurance coverage to safeguard employees’ health. In today’s blog post, we will be going over the requirements for international travel …
Insurance Brokers vs Agents: Key Differences Explained
Insurance brokers operate on behalf of the buyers and their interests, while insurance agents represent the insurance companies. As such, insurance agents help match a buyer to plans from the insurance companies they represent, while brokers can go the extra mile by helping buyers negotiate as well. In today’s blog post, we will be going …
All You Need to Know About Group Health Insurance for Your Business
A group health insurance plan offers coverage to employees of a company and is much cheaper compared to individual health insurance. However small businesses tend to shy away from offering such plans due to lack of understanding of resources. In today’s blog post, we will be going over group health insurance for small businesses and …