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Major Changes in 2023: Increased Minimum Wage and Sick Leave Benefits

This past year brought potential changes to Michigan employment law that will significantly level the playing field for minimum wage and sick leave benefits – and most employers will likely need to make policy changes to comply. Though legal challenges to these new laws continue, they are currently expected to…

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[Live Webcast Jan. 18] Learn About Life-Changing Early Cancer Detection Testing for Your Employees

oswaldcompanies

Join us for a webinar, Wednesday, Jan. 18 at 10 a.m. EST, to introduce The Galleri Test: A new blood test for cancer screening and how employers can elect to add this service to their existing employee benefits portfolio. Our panel will review the background, research and technology behind the…

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Develop Cost Effective Benefit Plans That Retain Current Employees and Attract New Ones

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…

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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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Medicare Open Enrollment Starts Oct. 15: What Your Employees and Their Families Need to Know

oswaldcompanies

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,…

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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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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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[On-Demand Webinar] The Fight for Talent in a Tough Market: Strategic Planning for 2023 and Beyond

oswaldcompanies

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…

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Employers: Plan Now for Inflation to Affect Your 2023 Benefits Budget

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…

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