5 Critical Statistics about Benefits and Employee Retention

There’s a reason for all that non-stop media coverage of the talent shortage issue and a candidate-driven market. Job opportunities abound as the unemployment rate reaches levels not seen for almost two decades. Because of this, employees feel confident seeking other opportunities, thus creating a serious turnover issue. Examining the reasons behind the issue [...]

5 Critical Statistics about Benefits and Employee Retention2019-04-24T16:14:13+00:00

The Importance of Offering Customization and Flexibility

In previous blog posts such as this and this, we’ve focused on the changing workplace environment, as well as the newfound challenges of hiring top talent, and how these factors are influencing decisions employers make about benefit offerings. This shift gives way to new opportunities for employers to get creative to attract and retain [...]

The Importance of Offering Customization and Flexibility2019-03-27T15:53:03+00:00

The Swing of the Health Benefits Pendulum

For decades, businesses have cut costs by reducing their health benefit plans, but the expansive job market in our growing economy is now threatening this flexibility. With bargaining power now in the hands of employees, our nation’s businesses are facing escalating turnover rates. The combination of these factors creates a conundrum for business owners [...]

The Swing of the Health Benefits Pendulum2019-03-13T16:14:35+00:00

Turnover Costs vs. Investment in Innovative Health Benefits

Almost 60% of companies saw retention as a top priority last year. Why? Because the turnover epidemic is real. With the unemployment rate at a 19-year low, job opportunities are up considerably, which means more places for employees to turn if they aren’t happy with their current company. This is leading to huge turnover [...]

Turnover Costs vs. Investment in Innovative Health Benefits2019-02-14T19:13:35+00:00

Competing for Talent? Win with Benefits

Once, employers could take an ‘everyone is replaceable’ approach to turnover, hiring and its costs. With unemployment at lows not seen in two decades,1 that no longer works. Employers face fierce competition for talent, and the costs associated with turnover can seriously affect the company bottom line. An uphill climb in a competitive talent [...]

Competing for Talent? Win with Benefits2019-02-14T19:14:35+00:00

Discovering The New Benefits Broker

Whether we like to admit it or not, the employee benefits landscape is changing, fast. The unemployment rate fell to 3.7% in September, the lowest level since December 1969.1 Add this to the ever-shrinking talent pool, and you get employees feeling confident enough to find opportunities elsewhere. These shifting conditions can feel shaky at [...]

Discovering The New Benefits Broker2019-01-23T17:19:53+00:00

5 Top Questions Prospective Clients May Ask

Here at ArmadaCare, we understand the savvy health benefits broker is constantly looking for ways to interact with prospective clients as efficiently and effectively as possible. Understanding their most asked questions can help you be best prepared in that endeavor. With that in mind, what prospective client questions do you need to look out [...]

5 Top Questions Prospective Clients May Ask2019-01-16T17:12:22+00:00

Solving the HR Conundrum: Strong Labor Market – High Turnover

So you’ve found yourself stuck in that same dreaded loop many businesses are in today: The HR Conundrum! (dramatic music plays) Like many, you’ve probably figured out that finding a solution to such a problem isn’t so easy as realizing it exists. After all, the national unemployment rate fell to 3.7 percent, its lowest level since 1969, and [...]

Solving the HR Conundrum: Strong Labor Market – High Turnover2019-01-16T18:58:10+00:00

Workplace Benefits Favored 4 to 1 Over Extra Salary: AICPA Survey

Here’s more evidence that supports how important benefits are to employees. Survey results released this week from AICPA* indicate that employees favor workplace benefits four to one (80 percent) over an identical job with 30 percent more salary but no benefits. This is quite a staggering statistic, but not entirely unpredictable. After all, most [...]

Workplace Benefits Favored 4 to 1 Over Extra Salary: AICPA Survey2018-12-06T18:58:22+00:00

Plan Changes, Your Very Own Shock-Absorber This Enrollment Season

Primary plan changes are inevitable, especially during this time of year. Changes can often have unintended consequences. But what if you had a way to mitigate those changes and lessen the impact? That’s where ArmadaCare’s suite of supplemental insured products comes in. As we’ve discussed before, ArmadaCare’s insured plans qualify as excepted benefits, they [...]

Plan Changes, Your Very Own Shock-Absorber This Enrollment Season2018-11-28T16:52:41+00:00