Provident’s Post

According to research from the Chamber of Commerce, over the next 15 years, 50% of the insurance workforce will retire – leaving close to half a million roles open. -Insurance Business Magazine #insuranceindustry #WorkforceTrends #TalentShortage #FutureOfWork #YouShouldGetALicense

𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐮𝐫𝐫𝐞𝐧𝐭 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬 𝐀𝐬𝐤 𝐎𝐮𝐫 𝐄𝐱𝐩𝐞𝐫𝐭𝐬 👉☎✔ https://lnkd.in/dTKkqhNr 𝑨𝒄𝒄𝒐𝒓𝒅𝒊𝒏𝒈 𝒕𝒐 𝑯𝑻𝑭 𝑴𝒂𝒓𝒌𝒆𝒕 𝑰𝒏𝒕𝒆𝒍𝒍𝒊𝒈𝒆𝒏𝒄𝒆, 𝒕𝒉𝒆 𝑬𝒎𝒑𝒍𝒐𝒚𝒆𝒆 𝑩𝒆𝒏𝒆𝒇𝒊𝒕𝒔 𝒎𝒂𝒓𝒌𝒆𝒕 𝒔𝒊𝒛𝒆 𝒊𝒔 𝒆𝒔𝒕𝒊𝒎𝒂𝒕𝒆𝒅 𝒕𝒐 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆 𝒃𝒚 𝑼𝑺𝑫 𝟕𝟕,𝟕𝟖𝟒.𝟎𝟏 𝑴𝒊𝒍𝒍𝒊𝒐𝒏 𝒂𝒕 𝒂 𝑪𝑨𝑮𝑹 𝒐𝒇 𝟒.𝟑𝟒% 𝒇𝒓𝒐𝒎 𝟐𝟎𝟐𝟑 𝒕𝒐 𝟐𝟎𝟑𝟐. 𝑪𝒖𝒓𝒓𝒆𝒏𝒕𝒍𝒚, 𝒕𝒉𝒆 𝒎𝒂𝒓𝒌𝒆𝒕 𝒗𝒂𝒍𝒖𝒆 𝒊𝒔 𝒑𝒆𝒈𝒈𝒆𝒅 𝒂𝒕 𝑼𝑺𝑫 𝟓𝟓,𝟑𝟔𝟖 𝑴𝒊𝒍𝒍𝒊𝒐𝒏. Employee Benefits is the Administration process that gives indirect and non-cash compensation paid to an employee. These service are given to employees over their salaries and wages. Benefit Administration creating, managing and updating an organization's employee benefits. They are offered group insurance (health, dental, life etc.) retirement benefits, education loan, other loans (house loan, vehicle loan etc), sick leaves, vacation as well as flexible alternative arrangements. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 🔑🗝 Aon, Willis Towers Watson (Marketo Instance), MARSH & McLENNAN COMPANIES, Gallagher, AXA, Zurich Insurance, Allianz, Prudential Financial, MetLife, Manulife Financial Advisers Pte Ltd 𝐌𝐚𝐫𝐤𝐞𝐭 𝐋𝐞𝐚𝐝𝐞𝐫𝐬 & 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 The purchase of Hunt Valley, Maryland-based HMS Insurance Associates, Inc. by Marsh McLennan Agency (MMA), a Marsh subsidiary, was announced on January 4, 2023. The acquisition's terms were not disclosed. The Difference Card, a cutting-edge benefits provider offering personalized and affordable health insurance solutions for organizations across the U.S., has extended its partnership with Alegeus, the market leader in healthcare payment solutions, according to an announcement made on February 6, 2023. 𝐁𝐮𝐲 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐄𝐝𝐢𝐭𝐢𝐨𝐧 ☎✔ https://lnkd.in/dEE792nj HTF Market Intelligence Consulting Pvt Ltd DKS Global Research #employee #benefits #employeebenefitsmarket  #employeebenefits

I would like to begin a conversation on self-funded plans that are HSA eligible. Looking for daring individuals that can answer some questions. #selffunded #hsa #plandesign #frontier #associatedbenefitsconnection #associatedbank #growth #save #betteroutcomes #employer #employee #benefits #insurance #corporate #smallemployer #hr #humanresources

Ensure your household staff is protected! Workers’ comp isn't just for traditional workplaces. Cover your nannies, housekeepers, and more for their safety and your peace of mind. https://lnkd.in/dfzVkVVR #FamilyFinancial #Insurance #WorkersComp #TexasInsurance #Texas

Our newest story is out now! Click the link below to learn more about worker's comp insurance and your responsibilities as an employer. https://lnkd.in/ghCzzVT5 #workerscomp #smallbusinesssuccess #HR #HumanResources #insurance #blog

Insurance Tip of the Day: Did you know that every business with Workers' Compensation in New York State is assigned an "experience mod" by the New York Compensation Rating Board (NYCRB)? This rating reflects your business's claims history and can lead to either credits or debits on your total premium. In other words, maintaining a safe workplace can lead to significant insurance savings! #InsuranceTip #WorkplaceSafety #WorkersCompensation

👨🍳 Here's a stigma that needs to be broken about Worker's Comp insurance for Hospitality groups: Workers' Comp claims are one of the most common types of claims you'll have - this is true and often unavoidable. The phrase 'self-funded' sounds risky.... until you learn that TPAs are middle-men that collect fees and commissions on the cost of medical services provided to your injured workers. If you scrutinize the cost of care received... you WILL find the actual cost of treatment is significantly lower than what they're telling you. TPAs have ZERO financial incentive to help lower your costs... in fact they benefit when you pay more. When you self-fund your deductible and overall cost of your Workers' Comp coverage... you will have more cash on-hand to invest in your employees and business. Everything costs more now than it did 2 years ago. If you're curious or are in need of restructuring your financial spend please reach out for a more formal explanation and I will show you the data and numbers. #workerscomp #insurance

Our newest story is out now! Click the link below to learn more about worker's comp insurance and your responsibilities as an employer. https://lnkd.in/ggFY3dJx #workerscomp #smallbusinesssuccess #HR #HumanResources #insurance #blog

“Get better”…. For 63 “insurance and superannuation funds”, the median pay gap is 26%, with average total remuneration of $142,000. Included in that cohort are Hollard on a pay gap of 14%, Chubb on 9%, Berkshire Hathaway Specialty Insurance Company on 32%, QBE on 26% and IAG on 25%.

Now more than ever, providing family-friendly benefits is crucial. In fact, a shocking 73% of employees would consider leaving their jobs for better family benefits, and 62% feel their workplaces fall short of being family-friendly. To stay competitive, it’s important for businesses to reassess and upgrade their family benefits in today's rapidly changing work environment. If your company is looking to design a comprehensive benefits package that not only meets the current needs of today's workforce, reach out to our team today. We are here to help. #BenefitsPackage #FamilyBenefits #Insurance #ConfidenceMovingForward #Starke