President Joe Biden signed the American Rescue Plan Act of 2021 (ARPA) into law on March 11, 2021. Along with providing financial relief for individuals, state and local governments, schools, businesses and for other purposes, the law contains the following measures of special interest to large and small employers.
Groundhog Day: A popular U.S. tradition originating in the late 1800's that is celebrated every February 2. The superstition suggests that if the honored groundhog emerges from Gobbler’s Knob and sees his shadow, winter will continue for six more weeks. But, if the groundhog does not see his shadow, spring will arrive early.
So, you’ve hired a new employee benefits advisor to assist you in developing and managing your employee benefits program. Perhaps you interviewed a few different benefit brokers to evaluate your options, or focused on and moved forward with just one firm that seemed like the perfect fit. Now, how do you measure the quality of service from your new benefits partner?
Survey results from the IBI's 2015 CFO survey suggest many CFOs view investments in employee benefits and health programs are no longer just a cost of doing business, but rather a strategic business investment.
The two most important aspects of a business – finances and people – are often managed by two different people, with disparate focuses, agendas and personalities. The CFO and CHRO roles are critical to mid and large-sized businesses, but often challenged to come together to think strategically and develop common goals to meet company objectives.
We ask that all employees at Grooms Benefit Solutions contribute ideas to our Insights blog. Everyone here has a voice, and we love that.