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How Employer Contributions to an HSA can Help you Save Big

A study from the Kaiser Family Foundation (KFF) revealed that the average premium for employer-sponsored health coverage amounted to $6,896 for single coverage and $19,616 for family plans during 2018. They also noted that the average single premium rose by 3% over the previous year, while the average family premium went up by 5%. That amounts to a more than a 20% increase since 2013.

Topics: HR

Create Performance Improvement Plans that Provide Dynamic Results

A survey from the Society for Human Resource Management (SHRM) reveals that it costs an average of $4,129 to hire an employee. The average time to fill a position is also 42 days. With so much time and money being spent up front, terminating an underperforming employee is not always in your best interest.

Topics: HR

7 Ways To Be Effective When Leading By Example

According to a 2015 Global Workforce Leadership Survey from Saba, 46% of companies say that leadership is a hard skill to find among employees. That's in contrast to other information from that group, which indicates that 68% of American workers view themselves as leaders.

Topics: HR Leadership

Coronavirus: How Small Businesses are Effected and What You Can Do

One of the most heartwarming things we have heard in the midst of the COVID-19 pandemic is efforts of big businesses. The corporate giants of the world are contributing with aid funds, emergency pay, prioritized essentials, and some are even opening their doors as shelters and hospitals. But these efforts are for businesses that have billions, maybe trillions, of dollars in the rainy-day fund.

Topics: Business News Advice Business Advice Leadership