Tags: Employee Benefits

Insurance Spotlight: Employee Disability Insurance

Disability insurance provides coverage in the event that an employee is disabled and cannot work. Unlike workers’ compensation insurance — which provides benefits like partial wage replacement if employees get hurt on the clock — disability insurance replaces a portion of employee income when they can’t work because of an illness or disability. Disability insurance will not replace all of an employee’s income but provides wage replacement benefits that cover, on average, up to 60% of employee earnings. Those payments usually go up to a cap, or a maximum monthly... Read More

How Employee Assistance Programs Are Beneficial to Your Business

It’s no surprise that ensuring employees are happy at work is one of the most important jobs for any employer. Happy, fulfilled and engaged employees create positive and productive work environments that allow for everyone to thrive while working together toward a common goal. However, there are times when personal problems may prevent employees from doing their best work. This may lead to a reduction in productivity and focus, and can negatively impact the rest of the team. To properly address this, many employers have recognized the benefits of Employee Assistance... Read More