May 1, 2024
Lyceum Insurance ServicesNavigating the Waters of Compliance: DOL Increases Civil Penalty Amounts for 2024
Understanding and following federal rules is vital as firms adjust to a fast-changing industry. The DOL recently issued major civil monetary penalty changes affecting a wide range of federal regulations, providing vital updates for employers nationwide. These inflation-driven modifications demonstrate the DOL’s commitment to keeping these fines deterrent and firms compliant. The DOL has issued […]
April 30, 2024
Lyceum Insurance ServicesWhy Is It Important? Training and Development of Your Employees
As an employer, you understand that your workforce is one of your most valuable resources. A capable, dependable and productive team of employees is essential for any organization’s success and prospects, regardless of size, industry or unique circumstances. However, a well-equipped staff does not simply appear without your organization putting in its own efforts. Fortunately, […]
April 20, 2024
Lyceum Insurance ServicesUnderstanding Environmental, Social and Governance (ESG)
In the modern business world, investors seeking to back commercial enterprises may base their decisions on more than simple profitability and growth potential. There are many evolving and dynamic factors for investors to consider as they weigh how to spend their funds and build their investment portfolios, including criteria that may help represent a company’s […]
April 14, 2024
Lyceum Insurance ServicesGreening the Workspace: Celebrating National Earth Day
Senator Gaylord Nelson established the first official Earth Day in 1970, igniting the modern environmental movement. In an era dominated by technology, environmentalism is more important than ever—especially in the workplace. It is not only an ethical choice but also a strategic one. Let us explore the ways that companies can incorporate environment-friendly practices in […]
April 12, 2024
Lyceum Insurance ServicesThe Importance of Staying on Top of Regulations That Can Impact Your Employees
As an employer, you are responsible for complying with various laws, rules, regulations and requirements. Many compliance requirements are specific to employment. Given this level of responsibility, even the most diligent and experienced organizational leaders must dedicate ample time and attention to remain informed about relevant regulations and adjust operations as necessary to ensure compliance. […]
April 10, 2024
Lyceum Insurance ServicesThe Pros and Cons of Pets in the Workplace
All you need is. . . pawsitivity. A lot of companies are embracing the concept of a pet-friendly workspace. While the idea of having our furry friends alongside us at work sounds appealing, it’s essential to weigh the pros and cons. Pros: Boosted employee morale – Pets possess an incredible ability to uplift spirits and […]
April 6, 2024
Lyceum Insurance ServicesAffordable Care Act: 2024 Compliance Checklist
In the ever-changing landscape of healthcare, staying updated on policy changes is crucial. The Affordable Care Act (ACA) remains a cornerstone of American healthcare, but it can present year-round challenges for employers. In 2024, ACA is seeing more changes, so companies need to stay updated. These changes include amendments to preventive care coverage criteria, extensions […]
April 3, 2024
Lyceum Insurance ServicesTax Day 2024 Guide: Business vs. Individual Taxes and Business Insurance Benefits
“Are you ready for it?” A lyric borrowed from Taylor Swift’s song now applies to taxes! Due to their established processes and business nature, there are clear distinctions between individual taxpayers and corporate entities. Understanding these differences is crucial for a smooth filing process. What are personal taxes? Personal taxes are direct taxes paid by […]
April 1, 2024
Lyceum Insurance Services5 Ways to Make Your Workplace More Inclusive
Creating an inclusive workplace for people with autism takes careful planning and a commitment to understanding and accommodating diverse needs. Autism Spectrum Disorder (ASD) is a developmental disability that affects how people communicate and interact socially. Individuals with autism may exhibit unique learning styles and social behaviors, requiring tailored approaches to inclusion. Here are five […]
March 28, 2024
Lyceum Insurance ServicesTips to Help Prevent Employee Turnover
Employee turnover is defined as the loss of workers in an organization over time. Turnover is expected and natural for any organization, and it isn’t necessarily a bad thing. For example, turnover from poor performers leaving the company is often expected. Conversely, it can damage a company if top performers frequently leave. Employees leave their […]