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With a limited labor pool, today’s marketplace is pressuring employers to enhance their employee benefits offering in order to attract personnel while retaining current employees. Simultaneously, health care costs continue to increase, so upgrading benefit offerings appears unattainable. It isn’t. Oswald Companies’ William Grebenc, an employee benefits advisor, sees consistent opportunities…

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.…

Each year, open enrollment provides your employees the opportunity to enroll in workplace benefits such as health insurance, dental or vision coverage, and life insurance. For the growing number of employees approaching or working beyond age 65, there is another open enrollment that takes place Oct. 15 through Dec. 7,…

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…

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…

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…

Al Rubosky, benefits advisor, at Oswald Companies, speaks on how Group Captives may be a solution for many companies. Watch:  

WATCH FULL WEBCAST (passcode: Talent22!) As employers focus on strategic planning for 2023 and beyond, the need to attract and retain employees in a tough labor market is top of mind. Compensation alone doesn’t build the engagement, culture and sense of belonging that a thoughtful employee experience and a well-rounded…

It only takes a trip to the gas pump (or the grocery store) to remind us how inflation is affecting our daily lives. The latest consumer price numbers from the U.S. government show us that last month inflation rose 8.6 percent from a year ago, the highest increase since December…

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…