Events

Partnering with For-profit Companies Successfully

Partnering with For-profit Companies Successfully

Adequate funding is essential for a nonprofit organization, and partnering with a corporation, known as cause-related marketing, can be a lucrative option to guarantee revenue. However, risk in these relationships tends to fall disproportionately on the nonprofit partners, either because they are putting their most substantial asset at risk, such as their name, or because their hope for financial support can cloud their exercise of due diligence. These errors can result in a loss of public trust or in costly litigation. Read More

6 Cost-cutting Tips for Small Businesses

6 Cost-cutting Tips for Small Businesses

Employers of all sizes are currently searching for ways to reduce expenses and save money in response to the current economic downturn and ongoing labor challenges. Instead of cutting costs randomly or conducting unnecessary layoffs, successful organizations tend to optimize their resources by identifying areas where they can reduce expenses without compromising productivity or future growth. Read More.

Trends Driving Social Inflation and How to Respond

Trends Driving Social Inflation and How to Respond

Contractors warrant their work in every contract. This is appropriate because they are doing work and have agreed to do it correctly or fix it if it is incorrect. Likewise, equipment is warranted. It works or doesn’t, and if it doesn’t, it should be made to work. When providing work or equipment, warranties and guarantees are appropriate. The expectation is that you will provide what you’ve promised to deliver. Read More

Why Warranties Are Not Covered by Professional Liability Policies

Why Warranties Are Not Covered by Professional Liability Policies

Contractors warrant their work in every contract. This is appropriate because they are doing work and have agreed to do it correctly or fix it if it is incorrect. Likewise, equipment is warranted. It works or doesn’t, and if it doesn’t, it should be made to work. When providing work or equipment, warranties and guarantees are appropriate. The expectation is that you will provide what you’ve promised to deliver. Read More

HR Insight: Inflation’s Impact on 2023 Open Enrollment

HR Insight: Inflation’s Impact on 2023 Open Enrollment

Many employees are currently feeling financially strained because of inflation. With open enrollment fast approaching, inflation could impact the choices employees make when it comes to their benefits. Employees are likely to consider which benefits matter the most and how to optimize the money they spend on those offerings. As a result, this year’s open enrollment may be more challenging than usual for employers and benefits providers. This article explores how inflation is impacting employees’ benefits selections and approaches to open enrollment and outlines what employers can do to help. Read More

News Brief: Wages Increase Near the Pace of Inflation

News Brief: Wages Increase Near the Pace of Inflation

According to HR services provider ADP, salaries have been rising rapidly, nearly on par with inflation. Year-over-year pay raises increased by 7.6% leading up to August 2022, compared to an average of around 2% in early 2021. While pay has increased overall, its growth has flattened since April. Read More

5 Onboarding Tips to Help Reduce Employee Turnover

5 Onboarding Tips to Help Reduce Employee Turnover

The employee onboarding process is crucial for retaining employees after the first 90 days. During the first three months at a job, about 1 in 3 workers would leave it without having another job lined up, according to recruiting firm Jobvite.

However, an effective onboarding process can help employees be excited and engaged, which helps prevent turnover. Due to this, companies should start to change how the onboarding process is viewed. Some employee turnover will be natural at any organization, but taking some simple steps may help reduce the number of employees looking to leave. Read More

A&G Employee Spotlight  – Benefits Team

A&G Employee Spotlight – Benefits Team

In 2022, Ames & Gough introduced a new offering to compliment our current suite of insurance products. Employee Benefit solutions are spearheaded by Justin Gough, vice president, employee benefits and Joe Satterfield, account administrator, employee benefits. Who better to kick off our first “Employee Spotlight” then Justin and Joe. We cover a lot of ground … billionaires, meteorology, eating contests, sport allegiances and more. Read More

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