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Employee Benefits

2026 Mid-year Market Update

By Business Insurance, Employee Benefits, Kapnick News
Welcome to Kapnick’s 2026 Mid-year Market Update, where we highlight key business insurance and employee benefit trends, their challenges, and how proactive organizations can find opportunities to adapt and thrive.Continue reading below to learn about overall trends, request the full mid-year report, or watch the short video:BUSINESS INSURANCEThe first half of 2026 saw property lines softening, while casualty lines remain tight due to rising litigation-driven claims costs.We're especially seeing business insurance be impacted by:AI and Technological AdvancementsSevere WeatherGeopolitical TensionsEMPLOYEE BENEFITSThe first half of 2026 has been defined by rising healthcare and pharmacy costs, growing demand for personalized benefits, and the…
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Benefits Data Analytics: Leveraging Insights to Predict Outcomes

By Employee Benefits
Watch the Video When it comes to managing employee benefits, making data-driven decisions is key. Claims data analytics has emerged as a powerful tool in  By analyzing historical claims data, organizations can: Uncover trends Identify potential risks Predict outcomes Control costs Enhance the overall employee experience For HR professionals and organizational leaders, this approach not only promotes better decision-making but also ensures a healthier, more productive workforce.
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Enhancing Employee Engagement through Communication

By Employee Benefits
Effective communication is the foundation of any successful organization. Whether it’s fostering a positive culture, ensuring education about benefits, or simplifying complex processes, clear and accessible communication is critical. At Kapnick, we recognize that enhancing employee engagement through communication is not just a goal—it's a necessity for modern businesses looking to thrive. We’ve built our communication strategy to provide employees and employers the clarity, support, and tools they need to make confident decisions. Here's a closer look at what Kapnick's communication strategy encompasses and how it empowers organizations to succeed. What is Kapnick's Communication Strategy? Kapnick's communication strategy is a…
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SHRM Names Caregiving a Top Workplace Issue for 2026

By Employee Benefits
Why Employers Should Pay Attention Now In its Top Five Workplace Policy Issues for 2026, SHRM identified that caregiving is a top workplace issue, not just a personal challenge, but a measurable business issue.¹ With limited public care infrastructure and a growing multi-generational workforce, employers are increasingly absorbing the downstream impact of caregiving strain. The data reinforces why this issue can no longer be viewed as peripheral.
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How to Get Your Library Board to Say “Yes” Faster

By Employee Benefits
As a library leader, you are constantly working to improve services, support your staff, and secure the financial health of your organization. You develop thoughtful proposals for new benefits plans or critical compliance updates, only to see them stall in board meetings. The delay or rejection often has little to do with the merit of your ideas. Instead, it comes down to how the information is presented. Getting board approval is often the make-or-break step for moving your library forward. Even the most well-intentioned proposals can get lost in translation, leading to frustrating delays and missed opportunities. The key to…
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Build Your Library Benefits: First Independent Benefits Plan

By Employee Benefits
For a public library, achieving independence from municipal control is a monumental achievement. It marks the beginning of a new chapter, one filled with opportunity and autonomy. However, with this newfound freedom comes the critical responsibility of building an employee benefits program from the ground up. Developing robust library benefits is not just a task—it’s a unique chance to design a plan that truly reflects your organization’s values, supports your dedicated staff, and helps you attract top talent.
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A Plain-Language Guide to PA 152 Compliance for Michigan Libraries

By Employee Benefits
For many library leaders in Michigan, managing compliance with Public Act 152 can feel like a recurring source of stress and confusion. Formally known as the Publicly Funded Health Insurance Contribution Act, this law places limits on how much public employers, including libraries, can contribute toward their employees' health insurance premiums. While its purpose is to control costs across the public sector, its requirements can seem complex, and failure to comply can lead to penalties. Navigating these regulations shouldn't be an annual scramble. Understanding the core components of PA 152 allows your library to build a predictable, sustainable process for…
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8 Proven Employee Engagement Strategies

By Employee Benefits
An engaged workforce fuels company success, and implementing the right employee engagement strategies makes all the difference. When employees feel connected, productivity and loyalty rise. Yet, many organizations, especially those with dispersed teams, struggle to foster engagement. Disengaged employees can lower morale and negatively impact profitability. The High Cost of Disengagement Low engagement leads to poor motivation, reduced work quality, and higher turnover. The impact is real: companies that invest in effective employee engagement strategies often see income increase, while those with low engagement risk significant revenue drops. Prioritizing employee engagement is a smart business move. Actionable Employee Engagement Strategies:…
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