Enrolling, administering, filing, auditing, correcting, answering questions. Managing your employees’ benefits can be challenging, especially during busy seasons like open enrollment, or if you don’t have a fully staffed HR team. Kapnick can help expand your HR team without hiring additional employees. Kapnick’s online benefits platform allows our clients to significantly reduce administration costs, eliminate time-consuming paperwork, and enable a
As health care costs continue to rise, so has the value of employee benefits packages such as voluntary benefits. Voluntary benefits allow employers to offer benefits that are attractive to employees without added cost to the company. Because of their cost efficiency and portability, voluntary benefits are becoming a central
While employers have traditionally insured their employee benefits risks through an outside insurance carrier, savvy employers are opting to explore alternative employee benefits programs, such as self-insuring. With the right program in place, self-insuring helps employers control costs and manage the risks associated with providing
The following is a case study based on a real Kapnick client. THE PROBLEM One of our Employee Benefits clients was having issues with their Business Insurance broker. Not only were they not receiving the kind of care and service they were used to with their Kapnick benefits team, but they felt as if they were paying too much premium for too little coverage.
Employees are walking away from their employers in record numbers, with what has been coined, the Great Resignation. A Prudential survey conducted toward the end of 2021 found that 46% of workers were actively seeking or considering finding a new job, and labor statistics backed those findings. According to the U.S. Labor
The following is a case study based on real Kapnick clients about their struggle with the costs of their employee benefits. THE PROBLEM Three different clients were struggling with the costs of their employee benefits, specifically their health insurance, and turned to Kapnick
The following is a case study based on real Kapnick clients about the high cost of employee turnover a client was experiencing and it’s cause. THE PROBLEM A municipality client was having a lot of employee turnover, and didn’t understand what was causing it, but it was costing them a lot of time and money. Employee turnover is a major financial concern and
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