Tag: Employee Benefits
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Employee Benefits in Captives: The McGriff Difference
While many brokers and consultants tout their abilities and knowledge about funding and/or reinsuring employee benefits (EB) in single-parent captives (SPCs), the McGriff EB team is one of the most experienced and qualified brokers in this area based on our status as the first broker to place employee benefits in a wholly owned SPC. A…
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Case Study: Executive Retirement and Retention
A mid-sized company wanted to incentivize their executive management team to help expand and grow their business. This case study outlines an assessment which identified goals, challenges, and solutions that helped the company fine-tune and expand an existing executive retirement program to bring it up-to-date and meet their objectives. Client Profile The family-owned business with…
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Tackling Ableism in the Workplace: HR’s Role in Addressing Subtle Discrimination
Since the passage of the Civil Rights Act of 1964, the workplace has been tasked with assuring that access to employment is free of discrimination based on any number of individual characteristics. The additional laws surrounding the Americans with Disabilities Act (ADA) and amendments expanded this focus even more. Today, applicants and employees may expect…
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Borrowing Considerations to Fund Retirement Plan Liabilities
Pension sponsors often deal with fluctuating annual contributions and a funded status that never seems to improve. A troubling reality since a well-funded plan and predictable plan contributions would obviously be ideal. A pension plan’s annual contribution can be determined by considering the plan sponsor’s funding policy (limited by ERISA’s minimum contribution requirements). Nevertheless predictable…