Vermelo RPO’s Post

The results are in.... UK Insurance Working Policy Report 2024 - Take a look at the full report today. Contact Vermelo RPO if you need more information or want to find out how you can transform your talent strategy to attract and retain the best talent. #Insurance #HybridWorking #FlexibleWorking #WorkingPolicy #Report

I came across an article about employee retention and its importance in the insurance industry and wanted to share my thoughts. Employee retention is critical to an insurance agency's success. It supports client stability, operational efficiency, and a strong company culture. Retaining experienced employees saves firms money on recruitment while creating a cohesive team that promotes productivity and client satisfaction. Here's why agency owners should prioritize employee retention: 1. 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗖𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝗰𝘆: Retaining experienced staff reduces turnover disruptions, ensuring reliable service delivery to clients. 2. 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝘃𝗶𝘁𝘆: Motivated employees contribute more effectively, leading to improved client outcomes and agency profitability. 3. 𝗥𝗲𝗽𝘂𝘁𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗕𝗿𝗮𝗻𝗱𝗶𝗻𝗴: A low turnover rate reflects a supportive workplace, enhancing the agency's reputation as an employer of choice in the competitive insurance industry. 4. 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝗮𝘃𝗶𝗻𝗴𝘀: Investing in retention strategies minimizes recruitment and training costs, optimizing the agency's financial resources. Have you considered boosting employee retention by supporting key roles with highly skilled, cost-effective offshore employees? Let's connect to discuss how to increase retention and improve your bottom time. Check out the retention article in my comments below! #EmployeeRetention #EmployeeSatisfaction #InsuranceStaffing #HigherOptions

I understand the challenge of retaining talent. If you're like most business owners I work with, benefit renewal season presents itself with many obstacles. Business owners are rethinking hiring and budgets as they confront higher premiums for healthcare and other insurance. After all, benefits are a necessary attraction and retention tool but the year-over-year increase becomes hard to absorb. Let's talk about establishing sustainable strategies around your approach to employee benefits, which in return creates stability around your human capital.

70% of full-time employees expressing worry about their financial situations, according to recent research. Check out our recent blog ‘Financial Worries Among Employees’ which delves into… • How Employees are affected at work • What organisations can do to support • How finances impact the workplace For more information on the training titles we offer surrounding these topics, contact our team at hello@wellityglobal.com. #FinancialWorries #Managers #EmployeeWellbeing #WorkplaceWellbeing #BetterEveryDay

Would you rather have your people data siloed in your HR department ... or use it to help your team make smarter company-wide decisions? CHROs and People Analytics Leaders know this dilemma all too well. We collect lots of people data, but it isn’t helpful on its own. By harnessing the power of analytics, companies can transform this raw data — on everything from turnover to engagement — into actionable insights that can benefit your team, your customers and your bottom line. As we saw with Protective Life, a century-old life insurance firm operating across the US, this involves fundamentally rethinking HR and ensuring that relevant insights help power decisions *across* the company. Ultimately, this puts CHROs in the driver's seat, helping their company reach strategic business goals. Wendy Evesque, Matthew Hamilton

Things to consider ✍ ▪ Is the cost of your health insurance coverage too high? ▪ Is your company fully compliant with state and federal regulations? ▪ Is employee turnover negatively impacting your company’s performance? ▪ Is your HR department performing as effectively and efficiently as it could be? ▪ Are your workers’ comp insurance costs higher than they should be? ▪ Are your employees seeking benefits that you currently can't provide? Improve your business ✅ ▪ Control Cost ▪ Core Focus ▪ Regulatory Compliance ▪ Attract and Retain Talent ▪ Manage workers' compensation risks ▪ Reduce payroll and accounting costs ▪ Comprehensive HR Services: Provide advanced HR solutions, including creating employee handbooks and company policies. Improve your workplace ✅ ▪ Accurate and timely payroll services ▪ Comprehensive employee benefits  ▪ Expert support for employment issues ▪ Enhanced workplace safety ▪ Improved employer/employee communications  ▪ Comprehensive employee onboarding ▪ Compliance and Legal protection It's simple. Partnering with Covenant enables business owners and managers to concentrate on their core strengths, rather than being bogged down by non-revenue generating tasks related to employment.

📸 of #CAHR24 Main Stage Speakers / Moderator Comment Below something that you learned or takeaways from their presentation Professionals In Human Resources Association | PIHRA #conference #learning #engagement #professional #development Montage Insurance Solutions 📸 Highlight Lodgements Consulting | Lodgements Consulting

If you’re attending the upcoming in-person Employee Benefits Practice Group meeting on June 5th, we’d love to know: what specific topics would you like to hear discussed? If you have any specific topics you’d like to hear more about, or if you’re interested in being a Guest Speaker at the conference, please comment below or send us a message. #insurance #insuranceindustry #insuranceevent #insurancenetworking #insuranceconference

🌐 Remote Success Unleashed: Navigating the Essentials of Errors and Omissions Insurance! 💻💼 Embrace the world of remote work with confidence! When launching your HR consultancy, think Errors and Omissions insurance—it's the armor that shields your business from unforeseen hiccups. The best part? It's a crucial step that won't break the bank! Curious to learn more about securing your consultancy's future? 📞 Book a FREE 10-minute call with me. Let's delve into the nuances of Errors and Omissions insurance, ensuring your remote venture thrives without compromising on affordability. 🚀✨ Ready to safeguard your business? Click the link to schedule your call now: https://lnkd.in/gnfcdCYt #HRConsulting #shrm #hrci #HRWebinar #HumanResources

I’ve seen a lot of ‘Best Places to Work in 2024’ lists over the past few days. Great to see all the insurance and insurtech businesses featured. 👏 It got me thinking about EVPs and their importance in winning the race for the best insurance talent and attracting the next generation. From the conversations I have with both leaders across the insurance spectrum and candidates, it appears there can be a gap between the stated promises and the lived reality.    So, how is your EVP performing? Is it authentic? Is it actively embedded and aligned to your business goals and purpose? Does it engage all stakeholders? Or is it more of a dusty document full of buzzwords, with little correlation to employee experience? If you want to attract the very best people, it should take centre stage in your everyday thinking. #EVP #HR #Insurance #TalentAttraction