Needing to explore cost mitigation can be stressful when trying to achieve the right balance between the costs of benefits against employee expectations and talent acquisition needs. Including the perspectives of both your CHRO and CFO is especially important here. Read the full article HERE for five strategies to looking at cost mitigation through an […]
Employee Benefits
Do You Know How to Spot a BEC Phishing Attack?
Have you trained your workforce to spot potential phishing attacks? Every organization is at risk for compromised emails and having your employees spend an extra 10 second to inspect an email or link could save your organization from cybercrime. Read the article HERE for tips to stop phishing emails before your organization is in reel […]
2023 Natural Disaster Resource Guide
We have created a valuable free resource for you to share with colleagues, friends, and family. Please feel free to forward or print as needed. We are here to serve you. Please reach out to your Risk Strategies | Gehring Group team via email or phone for any additional information. AMERICAN RED CROSS: The State […]
FPL Safe Harbor Affordability Percentage – 2024 Plan Years
The FPL Affordability Safe Harbor contribution for 2024 plan years (starting 1/1/2024 or after) is $14,580 FPL x 8.39% = $1223.26/year or $101.94 per month. The affordability percentage is outlined in the IRS Rev. Proc. 2023-29. As a refresher, this affordability safe harbor is utilized to avoid the B penalty (Affordable Care Act 4980H(b)) for not […]
Business Interruption Insurance Essentials
Events outside your control can bring your organization to a screeching halt. A wildfire could engulf your office in flames. A hurricane could destroy your facility’s roof, forcing you to shut down for weeks, and we all know how costly the ensuing floods can be. Business interruption (BI) insurance is your best friend when that […]
Research: Caregiver Employees Bring Unique Value to Companies
Did you know that 73% of the U.S. workforce are caregivers? During our 2023 Public Sector Summit, we introduced resources for supporting team members in the sandwich generation and this article from the Harvard Business Review explores the invaluable skills these caregivers are bringing back to their organizations. With such a large percentage of U.S. […]