Benefit Consultants Blog

Employee Benefit Consultants will agree that corporate Benefit Plans have typically been created for the large generation of Baby Boomers.  These Boomer Plans will not come close to attracting and competing in the race to hire the generations of X and Y who are poised to replace retiring Boomers.

This new workforce has jargon that your company management and HR Staff should familiarize themselves with. .  Your management will hear phrases like “relationship capital”.  There will be demands for Benefits that are in line with this generation’s language, music and imagery.  Benefits must assist with work/life balance.  Often this group will judge the features of plans solely within the context of their personal lives. 

By addressing wide ranges of the Generation X and Y preferences, the professional Employee Benefit Consultants will have an edge in preparing and meeting these Benefit Plan challenges.  Benefit Consultants will agree these employees are attracted to the relationship aspects of almost every feature of Benefits.

With the help of your expert Benefit Consultants your Benefit Package can be meaningful and helpful in attracting and retaining well qualified, diverse and valuable employees.  There are a vast array of new products, features and Benefits to help in attracting the younger generations.

Speak to your Employee Benefit Consultants about the following to determine what, if any, role these may play in your Benefit Plan:

Helicopter Parents – refers to parents who pay extremely close attention to their children’s experiences and problems, particularly at educational institutions.  These parents rush to save their children from any harm or failure and will not let them learn from their own mistakes.  They are like helicopters in that they hover closely overhead;

The New Singles can be defined as Extreme Domestic Partners such as lesbian couples with children;

Affects of advertising to children and young teens and how this relates to Benefit Buying as adults; 

Pet Care;

Lifestyle Management and Identity Theft;
Baby Boomers are the corporate decision makers today so the quality of life issues and benefits decisions are likely crafted through their experiences.  This group may not be as sensitive as they could or should be to the needs of Generation X and Y. With meaningful and well tailored Benefit Plans your expert Employee Benefit Consultants can help your organization bridge the gab between the past and present benefit needs by reaching out to the Generation X and Y population while continuing to cater to the needs of the Baby Boomers.

This article courtesy of Benefit Consultants

Health Benefits Consulting will reveal that employee injuries can have a greater effect on immediate financial losses to your company than the future health care costs of heart disease and diabetes.

Studies are suggesting that overweight workers cost their employers more in injury claims than their lean associates.  Researchers have found that the heaviest workers had lost 13 times more workdays due to work related injuries while their medical claims for these injuries were shown to be seven times higher than their fit colleagues.  It appears that overweight workers are more likely to have claims involving injuries to the back, wrist, arms, neck, shoulders, hip, knee and feet than leaner employees.

Some attorneys are warning companies that treating overweight workers differently could lead to discrimination. Health Benefits Consulting will help your company to invest in programs to help obesity while ensuring the program is presented in a positive light and does not offend.  An organization’s success in lowering health care costs and curbing obesity could be highly dependent on how it’s presented.  While fitness programs will be a great benefit for helping overweight workers shed some weight they are also beneficial for overstressed working parents and others who want to be healthy.

Benefit Plans and insurers have responded, in several ways, to the rising costs in connection with the treatment of obesity.  Speak to your professional Health Benefits Consulting firm about the broad coverage now available for the treatment of obesity.  Some companies have implemented programs to assist their employees with reducing weight and improving health.  Employers can offer a weight management program that includes incentives for participation and increased physical activity, weight loss plan discounts together with nurse and weight loss counseling support services. 

Consider programs that provide incentives for participating in specified disease management programs including the use of online health risk assessment questionnaires that allow employees to evaluate their current health and receive suggestions on positive action that may be taken to improve their health.  Employees can accumulate credits that they can use as discounts when redeeming from a selection of health related items. Your HR team may also offer additional incentives in the form of enhanced Benefits or lower health insurance premiums or co-payments.  These programs can include web-based resources that assist employees in creating personalized exercise and fitness programs together with meal planning strategies.

Your expert Health Benefits Consulting group will help your management team meet this challenge with creativity and a commitment to building and maintaining employee satisfaction.  

This article courtesy of Benefit Consultants

Registered business address is one of the common virtual office services that you need to have. In essence, it is the calling card of your business, the first thing your client (potential) appraises before he or she decides to contact you. Having a good business address is part of the battle won, it inspires confidence and gives you business integrity. Virtual offices should normally give you a business address in a premier location, and this is especially true in Singapore.

Ranging from Robinson Road, Central Business DIstrict to areas in High Street, they provide comprehensive location services to inspire confidence in your client without charging you high rent. This is one of the main things you should look out for when searching for virtual office spaces. Unknown addresses and generic P.O Boxes should be avoided at all times when looking for a virtual office space as it is essential for your company name to be features in the address. Attached to this address also should be a phone and fax number to go along. Virtual offices give you a centralised area of operations, where your customers can make calls, faxes and even forward emails to you. Not only are these internet and telephony services coming as standard nowadays, you should also look at the type of receptionist or administrative person that they provide you.

Usually, the receptionist will have to handle a number of companies that can get as high as 15 - 20 companies. While that is a lot, an appropriate training should still be given so that she is able to represtn your company well and not deter any potential clients. No longer is it about taking a call and forwarding it to your home or private mobile number, she or he should be able to answer basic questions, have minimal product knowledge and know some of the corporate literature. Nothing is more damaging to business than an unsure operator, and it has become commonplace as a virtual office service to provide you with a competent and experienced operator to handle your calls. Some providers also have an integrated package where they provide free web hosting and web design services to go along with your virtual office address.

Although to some it may be redundant, the package can be rather convinent for those unwilling to put in the time and effort to build up their website from scratch. Also, facilities like video conferencing and virtual meeting rooms are usually present for rents when you need to meet-up with your clients. If you are looking for one, especially in Singapore, there are plenty of those online which you can refer to. Read on their services that they provide and see which ones suit your business needs. The good thing is that they are completely customisable and can be tailor made to suit any preference. These are some of the common virtual office services provided and while others may have more advanced options, you should not overlook the critical, simpler services before you make a decision to sign with a provider.