Skip to main content
Tag

employee benefits

UNLOCKING THE POTENTIAL OF ALTERNATIVE RISK FUNDING

By Business Insurance, Employee Benefits
In the complex arena of organization strategy, navigating through the myriad of risk management options is fundamental. Beyond the realm of conventional insurance lies a landscape rich with alternative risk funding solutions, designed to revolutionize not just the insurance industry but also the way organizations manage both commercial insurance and employee benefits. This brief guide illuminates the pathways through self-funded insurance, captives, risk retention groups (RRGs), and stop-loss policies, offering simple explanations on how each model could potentially to fortify your organization against uncertainties.   (more…)
Read More

Understanding PEOs and Their Role in Funding Employee Benefits

By Employee Benefits
Professional Employer Organizations (PEOs) have emerged as a vital solution for businesses looking to streamline their employee benefits management. By partnering with a PEO, companies can effectively outsource the administration of employee benefits, payroll, workers' compensation, and other HR tasks. This co-employment model may allow businesses to offer a broader range of benefits, and possibly at a lower cost due to the PEO’s purchasing power. However, there are trade-offs that exist due the loss of some control. (more…)
Read More

Elevating employee health: Kapnick Strive can help with preventive care

By Employee Benefits
In a time when our schedules rival rush-hour traffic, taking a moment for a well-visit might seem like a low priority. Yet, these check-ups hold the key to employee well-being and, can ultimately impact a company's success. How do we encourage employees to conquer these challenges and prioritize well-being? Enter Kapnick Strive. Kapnick Strive is a worksite well-being program that bridges the gap between good intentions and action. With robust communication campaigns, onsite screenings, and educational opportunities, Strive is designed to make preventive care top-of-mind for employees. By bringing these resources directly to the workplace, Strive eliminates barriers such as…
Read More

Leveraging Employee Benefits for Mental Health: A Roadmap for Employers

By Employee Benefits
Addressing the mental health and emotional well-being of employees is a crucial aspect of modern corporate culture. Companies are increasingly understanding that happy and mentally fit employees are essential for creating a productive and positive working environment. One way to achieve this is by offering employee benefits designed to support their mental health. These benefits not only help to prevent burnout and reduce stress but can also foster a workforce that is more engaged, resilient, and satisfied. (more…)
Read More

Securing the Future: How Insurance and Employee Benefits Can Propel Non-Profits Forward

By Employee Benefits
In the ever-evolving landscape of non-profit organizations, financial uncertainty and safeguarding the health of the organization are paramount. Unforeseen circumstances can strike at any moment, negatively impacting the financial resources, tarnishing the reputation, and increasing the difficulty of fundraising and recruiting staff. At Kapnick, we take a one firm approach to insurance and benefits and can use our holistic approach to help your non-profit address future trends. (more…)
Read More

Kapnick Insurance Expands Reach with Acquisition of Michigan Group Benefits

By Employee Benefits, Kapnick News
We are delighted to announce the strategic acquisition of Michigan Group Benefits! This transformative transaction represents a significant milestone in our growth plans, expanding our capabilities and solidifying our position in the group benefits industry. The acquisition will also expand our geographical footprint, as we will retain Michigan Group Benefit’s East Lansing office. (more…)
Read More

Boosting Employee Wellness with Financial Planning Assistance

By Employee Benefits
In today's business world, successful companies understand that employee wellness is a key driver of productivity. While physical and mental health are often prioritized, there's another crucial aspect that deserves our attention: financial wellness. Offering financial planning assistance can have a profound positive impact on employees. With access to these resources, employees can alleviate financial stress, enhance focus at work, and boost overall productivity. (more…)
Read More