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Review Your Insurance Invoices

Any time your organization has new hires, terminations, employee life event changes, or if you’ve just completed open enrollment, get in the habit of reviewing your invoices from your insurance carriers. You’ll want to compare your insurance carrier invoices against the recent changes to make sure you are being invoiced…

Webinar: All Things COBRA

During our September 2020 webinar, we talked about All Things COBRA. COBRA (The Consolidated Omnibus Budget Reconciliation Act) requires employers to offer a continuation of group health benefits when a qualified event occurs (such as job loss) for qualified beneficiaries (such as workers and their families). While it can be…

Webinar: An Employer’s Guide to HSAs

What is an HSA? Health Savings Accounts can be complex for employers and employees. Our July 2020 installment of the acumen Webinar Series explained the HSA to make it easier for employers to administer these plans. Our discussion items included: Eligibility and Participation Contributions HSA administration CARES Act Updates If…

The Grass is Greener – Attracting and Retaining Employees

By Michael Rozum, Advisor at acumen It wasn’t too long ago that we were clamoring for mid-summer days with the warmth of the sun on our faces and higher temperatures. Compared to shoveling a foot of snow in the dark at 5:00PM and 0°F weather, that sounded like heaven. It’s…

Webinar: Mid-Year Election Changes: Section 125 Cafeteria Plans

Our June 2020 edition of the acumen Webinar Series, covered the general rules of Section 125 Cafeteria Plans and the information employers need to know about mid-year election changes to these plans. We also discussed: 15 events permitting mid-year changes Other event considerations Recent developments, including changes related to COVID-19…

Are You Hiring? – Tools to Help HR in the Hiring Process

By Michael Rozum, Advisor at acumen Recent statistics show that on average, someone will change jobs 12 times in their lifetime, with 5-7 of those being career changes. At first those numbers seemed staggering to me but when you think about the evolution of the workplace and promotions someone might…

How Much Am I Really Worth? – The Total Cost of an Employee

By Michael Rozum, Advisor at acumen It was only a matter of time in our young lives before we got the “talk” from our parent, grandparent or guardian. That talk, of course, was the reminder that they “pay for the gas in the car, the roof over our heads and the food…

Customization is Key – Providing a Range of Personalized Benefits

By Michael Rozum, Advisor at acumen Did you know there are more Subway restaurants around the world than there are McDonald’s? Contrary to what many might think, recent statistics show that Subway has about 8,000 more locations than its competitor. I’m sure there are a number of business and economic…

Is There an App for That? – Acumen’s Wisdom Network

By Michael Rozum, Advisor at acumen We live in an age where nearly everyone has a smartphone or device, which houses countless apps. A look around any waiting area quickly reveals the entertainment value of such apps. Whether it’s reading an article, listening to music, shopping online, or simply scrolling…

Constant Reminders – Staying in Compliance

By Michael Rozum, Advisor at acumen It often feels like technology can be both a blessing and a curse. A curse some days… searching for that coveted work-life balance, trying to unplug to be truly present for the important people in our lives. A blessing other days… when it helps…