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[Nov. 10 Event] Employer PTO and Minimum Wage Policies Require Attention by Feb. 19

oswaldcompanies

Earlier this year, the Michigan Court of Claims entered an Order finding that the Michigan Legislature’s “adopt and amend” strategy used in 2018 to prevent the Earned Sick Time Act and the Improved Workforce Opportunity Act was illegal. As a result, those two statutes will come into effect on Feb.…

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Private Equity Investors Have an Ace in Their Pocket for Driving Down Risk, Cost – Common Ownership

Brian Stovsky

Every private equity investor and common owner of a portfolio of businesses asks the same question: How can I lower my costs? The answer: Employees. Your employee population is a valuable resource in saving money. You’re already providing benefits to this group, so consider combining them into one health insurance…

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Healthier Employees = Lower Costs. Could it Really be That Simple?

Brian Stovsky

Every year, employers stress over the cost of health insurance for employees, but there are some tricks to controlling costs. You have to know what’s driving costs up in the first place – and then figure out how to reign them in. Maybe your company hasn’t shopped around enough for…

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What’s Your Appetite for Risk?

Joe Buick

When it comes to food, most people have a rather hearty appetite. A four-course dinner at a trendy new restaurant or a burger and a beer at a beloved corner bar? Bring it on! But when it comes to business-essential topics like insurance and the associated commercial risks that make…

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Give Your Employee Benefits Renewal the Time You and Your Employees Deserve

Like taxes and Michigan road construction, your employee benefits renewal is inevitable and may often be unaddressed until what feels like the last minute. This is rarely going to lead to the best possible outcome (just like all those annoying asphalt road patches aren’t the best response to the jarring…

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Oswald Companies Named Cool Place to Work in Michigan for Fifth Consecutive Year

oswaldcompanies

BLOOMFIELD HILLS, Mich. — Aug. 22, 2022 — For the fifth consecutive year, Oswald Companies was named to the Crain’s 2022 Cool Places to Work in Michigan, Large Employer category list. Best Companies Group of Harrisburg, Pa., produced the ranking of Cool Places to Work in Michigan for Crain’s for…

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Organizational Culture in 2022 and Beyond: A Time for Reassessment

No one needs to be reminded that the last two plus years have brought about lasting changes—invited or not—to just about every facet of life. Arguably, the workplace has borne the greatest brunt of the pandemic’s impact. Mix in considerable social unrest, and the result is an organizational environment in…

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Open Enrollment: Preparing Your Employees To Make Informed Decisions

Brian Stovsky

Making the right enrollment decision is important – and employees only have one chance per year. What is Open Enrollment? Once a year – during open enrollment, employees can sign on to health insurance, make changes to their health insurance or stop their health insurance plan. The only other time…

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How Health Insurance and Plan Choices Are Key for Retention, Controlling Costs

Brian Stovsky

Employee benefits have become a key part of the hiring and retention of employees in today’s hiring market. There is increased stress on compensation as demand for higher salaries and pay rates come from potential hires and the existing workforce. An employer’s willingness to put the time and effort into…

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Hurricane Season: The Time is Now to Review Your Plan

Mary Marley

Actions and planning during the off-season impact how well you are ready to weather another hurricane season. In recent years, the U.S. mainland experienced more hurricane activity than in the recent past. If you felt prepared, that’s great – keep it up! If you didn’t feel prepared, now is the…

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