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BusinessHub

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

 

Mirror, Mirror on the Wall, Who's to Blame for my Rising Property Taxes?

Once upon a time, in a land far, far away from California, Texas—before it was even called Texas, had a property tax system that was set up to be fair and equitable. It even provided for property tax exemptions. One day, the evil emperor decided to rescind a particularly generous 10-year tax exemption for early Texas colonists and increased tariffs on goods entering from the United States. These new taxes and other laws helped spur the battle for Texas independence.

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Successful Strategies for Offering Voluntary Benefits to Your Employees

Unlike traditional health coverage, voluntary benefits can be a cost-effective way to round out your benefits package. Offering voluntary insurance is one simple way to give your employees access to a financial "safety net" in the event that they suffer an accident or disability.

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Creative Training Solutions to Coronavirus Disruptions

In the wake of the coronavirus, companies have had to adjust to new social distancing best practices. For many businesses, this has involved a huge shift from running daily operations on-site to managing a remote workforce. In light of these recent changes, organizations are forging creative paths around these disruptions, including taking greater advantage of eLearning opportunities for their employees.

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FFCRA: What it Means for Small Businesses and Their Employees

The coronavirus is sweeping through the nation and impacting businesses everywhere, testing companies’ resilience and the welfare of the workforce. In these unprecedented times, laws are swiftly being passed to provide support to those affected.

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Tips for Managing a Remote Workforce

In the wake of social distancing measures implemented due to the coronavirus, many companies have shifted their workforce to working remotely. In fact, Forbes reports that almost half of all American companies have asked their employees to work from home since mid-February.

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How the $2 Trillion Stimulus Package Will Impact Businesses

COVID-19 has had an unimaginable impact on nearly every aspect of daily life for consumers and businesses alike around the world. Currently, the disease shows no sign of slowing down, and the concern for how this will impact American lives and businesses continues to grow.

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Leading Trends in Prescription Plan Management

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. In this blog post, we take a deep dive into the 2019 Drug Trend Report to offer insight into the cost of prescription drugs in today’s market.

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Coronavirus and Commercial Insurance: What You Need to Know

As health officials around the globe seek to contain the novel coronavirus (COVID-19), economies and citizens remain unsettled. In the United States this week, public events are being canceled en masse, while businesses and organizations have begun making plans for maintaining the health of their employees and bottom lines in the face of what has just been officially declared a global pandemic.

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Compensation and Benefits: Building a Total Rewards Package

As employers are becoming more mindful and concerned about how to recruit and retain a high-performing workforce in a competitive recruiting landscape while maintaining costs, building a total rewards compensation and benefits package is becoming increasingly more important.The concept of a total rewards package is not necessarily new, but employers are starting to do a better job of communicating the “hidden paycheck” behind their employees’ full compensation package. 

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The 5- Part Guide to Starting Your Upskilling Initiative

In my last blog post, I introduced the topic of upskilling and how it could benefit your business and your employees. In case you missed it, upskilling is providing employees the opportunity to learn new skills to improve their current work performance while preparing them for projected future needs of your company.

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