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BusinessHub

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

 

How Social Determinants of Health Impact Wellness Programs

There are many factors that affect our health. We know that eating well, exercising, and seeing a doctor when we are sick are simple steps that we can take to keep ourselves healthy, but our health is also affected by access to social and economic opportunities. Social determinants of health include the following factors:

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10 Questions to Ask Your Employee Benefits Broker

Businesses that work with an employee benefits consultant know how much an experienced, knowledgeable consultant can transform the way you offer health and wellness benefits to your employees—not to mention the cost savings of gaining access to additional carriers and resources. However, thoroughly understanding the value your employee benefits consultant provides to you and your employees is critical to ensuring your relationship is mutually beneficial.

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10 Tips for Facilities Management Logistics after COVID-19

As social distancing measures start to ease across the country, many businesses will need to transition their remote workforce back to working in the office. Anxiety about potential exposure to the coronavirus is still high, and business leaders have been tasked with making sure that their employees return to a safe working environment while still maintaining a functional work place. In this infographic, we’ll give you tips for facility management logistics that will help your business reopen safely and smoothly.

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Maximizing the Value of Your Employee Benefits Broker Relationship

Most small business owners are focused on long-term success and business growth, but it can be easy to lose sight of these goals when tasks like managing daily operations with very limited resources come into play. Unlike large-scale businesses, most small business owners juggle everything from administrative duties, payroll, HR, and staying on top of compliance regulations.

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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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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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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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The Ins & Outs of Discussing Health Benefits in the Recruiting Process

Your potential employees consider several things before they decide to accept your employment offer. Gone are the days of simply evaluating the dollar amount of an annual salary offer to decide whether or not a company is right for one’s career path. In order to thrive in today’s highly competitive job market, it’s important that your company offer robust health and wellness benefits.

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5 Wellness Program Perks Every Business Owner Should Know

Wellness programs started as a perk for large corporations and have since become an attractive employee benefit for businesses of all sizes. Implementing and supporting a corporate wellness program is one way that many businesses are trying to build a culture of health and fitness for their employees and their bottom line.

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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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