Author: admin

  • Payroll and HR Bandwidth Considerations: Searching for the Right Solution

    With over 300 technology providers in the market place, the search for a benefits administration (“ben admin”) solution can be quite a daunting task. One often neglected step in making this process more palatable is first assessing your organization’s current payroll platform connectivity capabilities and HR bandwidth. Committing to this initial appraisal will help make…

  • Employee Retention in an Age of Choice

    Will They Stay or Will They Go? The seasoned HR manager/director/executive will tell you: “If you want to know what your employees are thinking, just ask them.”   Traditionally we have done this through two methods: the anonymous “employee engagement survey” or the “exit interview”. Although both can provide some useful information, they can be…

  • Health and Welfare Considerations in M&A Deal

    What would happen if you arrived for work on Monday to find that your company is contemplating acquiring (or selling to) another company? Do you feel confident in your ability to guide your colleagues through the employee benefits aspects of the transaction? The acquisition process is fraught with traps for the unwary, especially when it…

  • Musculoskeletal Disorders: Posturing a Productive Work Environment

    As you’re reading this article, take a moment to think about your posture. Are you leaning forward at your desk, or have your neck craned over a phone? Are you sitting upright with your head forward? Or, are you noticing tension in your neck, and an ache in your lower back?   Compared to the…

  • Leadership That Drives Results

    I was recently in an airport when I overheard a traveler talking to another passenger who had been consulting with a large company experiencing growing pains. That is, the company had great potential, but was having difficulty delivering on it. In the consultation interview he asked the CEO what had already been done to ease…

  • Set Your Self-Funded Health Plan Up for Success

    At any company, data is one of the keys to building a successful benefits strategy. But data alone isn’t enough – it’s how you use it that makes the difference. The right data analysis combined with the right benefits broker will put you ahead of the game. The first quarter of a new plan year…

  • Common Misconceptions ERISA ACA Compliance

    Rules I’ve always been a rule-follower … to the point that my own family makes fun of me for never even breaking the speed limit! So, naturally, I am attracted to the field of Human Resources where we are bombarded with over 50 categories of rules and regulations affecting virtually every aspect of the employment…

  • Key Features of an Effective Employee Mobile App

    Companies considering deploying an employee mobile app to improve their company culture, communication and employee engagement should look for solutions that include these important features. Function as the launching pad or one-stop-shop for all company resources. Resources such as payroll, ben admin and learning management systems; 401(k), FSA/HSA and benefit carrier portals; and other programs…

  • Client Advisory: SEC Issues Disclosure Rule for Climate-Related Risks

    The McGriff Executive Risk Advisors team has observed a steady uptick in regulatory activity aimed at publicly traded companies (and certain privately held companies) over the last several years. One example was addressed in a previous McGriff client advisory related to a Securities and Exchange Commission (SEC) claw back rule. There was also the overreach by…

  • Client Advisory: Insurance Strategies For Renewable Energy Tax Credits

    Combining Tax Insurance and Business Interruption Insurance To Achieve Tax Credit Qualification and Quantification Certainty It’s hard to believe that more than a year has passed since the Inflation Reduction Act (IRA) was signed into law. The climate-related impacts of this sweeping legislation are certainly already being felt. Significant investments from a broader investor pool are…