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BusinessHub

SWBC's BusinessHub blog is a one-stop resource for business owners and company decision makers.

 

The Importance of Compensation Benefits for Key Employees

Building a team of trusted and knowledgeable individuals to lead a business takes time, and once you have those employees, you don’t want to lose them. Talented employees know the value they bring to a company, and it’s important to them to receive a compensation benefits package that meets their needs. Keep reading below to learn about the importance of compensation benefits to key employees and an organization!

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The Benefits of Forming a Workplace Safety Committee

When you own or run a business, ensuring the safety of your workplace and employees is a top priority. Improving safety at your business is one way to help mitigate risk and provide a positive workplace environment for your employees. Forming a safety committee at your organization can help you reduce the likelihood of on-the-job accidents, injuries, and illnesses.

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Improving Your Employees' Experience Without Breaking the Bank

Though trends often come and go, cost-saving movements tend to gain momentum and stick around—particularly for businesses. One area frequently targeted for savings by employers is employee benefits. It’s easy to see why companies are trying to reduce costs: according to the U.S. Department of Labor, employee benefits account for about 1/3 of total spending on employee compensation.

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The Collaborative Role of an Executive Benefits Advisor

As a business leader, you know that part of maintaining a successful business from start to finish involves recruiting talented leadership. This can be challenging, but is essential for facilitating the success of a smoothly operating company. Then, once the members of your C-level management team are in place, retention of those key executives is essential in order to avoid business disruption and expenses caused by their turnover.

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Controlling Healthcare Costs Through Transparency and Open Communication

It’s no secret that healthcare costs are on the rise. In fact, they have consistently risen over the last several years, with employee benefits comprising nearly 1/3 of total employee compensation-spending, according to the U.S. Department of Labor.

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Life After College: an Interview with Charlie Amato and Gary Dudley

As another semester starts to wind down, thousands of college students across the nation will walk across the stage in the coming weeks to receive hard-earned college degrees. While times have certainly changed since Charlie Amato and Gary Dudley graduated from college, there are some things that remain the same when it comes to life after college. I sat down with Charlie and Gary to discuss their background and what sound advice they can offer to college graduates as they begin the next chapter of their lives.

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Rental Market Trends Every Real Estate Investor Needs to Know

Many things impact the housing market including interest rates, employment rates, and the overall state of the economy. The unemployment rate in the U.S. is currently sitting at a 49-year low of 3.6%, as of May 20191, with Vermont boasting the lowest unemployment rate of 2.1%.

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Practical Tax Tips for Commercial Real Estate Transactions

When it comes to buying or selling commercial real estate, the process can be complex. However, whether you are buying or selling, considering potential property tax implications early in the process can benefit you long after you’ve closed on the property.

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[Video] What Businesses Need to Know About Cyber Threats

Recently, I sat down with Brett Morgan, SVP of Sales, to talk about the prevalent threat of cyber attacks and how these threats can affect businesses. Check out our video to learn:

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Can Cyber Liability Insurance Be a Life Saver for Your Business?

Cloud computing has given consumers and businesses access to all sorts of information when they need it at their fingertips—whether they’re sending emails from home, accessing files during a lunch meeting, or uploading a presentation at the office. A 2018 White House report cites that 93% of businesses and organizations utilized some form of cloud computing for software, platform, or infrastructure services1.

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