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August 18, 2023
Lyceum Insurance Services

Ensuring Heat-Related Safety for Outdoor Workers

As temperatures rise during the summer months, it becomes crucial for businesses with outdoor workers to prioritize their health and safety. Heat-related illnesses can pose significant risks, but with the right precautions in place, employers can ensure the well-being of their employees. On days with highs of 90 degrees Fahrenheit, workplace injuries increase by six […]
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August 14, 2023
Lyceum Insurance Services

Preparing Your Business for Back-to-School Season

As summer draws to a close, the back-to-school season presents a significant opportunity for businesses to tap into a bustling market. Whether you run a retail store, a service-based business, or an e-commerce platform, preparing for this busy season is essential to maximize your success. In this blog post, we’ll explore key strategies to help […]
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August 11, 2023
Lyceum Insurance Services

Why Is It Important to Have an Employee Handbook?

As your organization attempts to maintain consistent and streamlined operations, you should ensure that all team members are on the same page. If employees work with different expectations, methods or goals in mind, it can lead to a dysfunctional and inefficient workplace, potentially creating risk for the employer. With this in mind, your company should […]
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August 9, 2023
Lyceum Insurance Services

Embracing Diversity and Inclusion: Building a Stronger Workplace at Lyceum Insurance

Maintaining a sense of open-minded acceptance and interest in employees who have knowledge and experience from a unique and different point of view is nothing but helpful to any organization seeking to reach their potential. Divergent thinking, diverse backgrounds, and unique points of view helps avoid the common trap of ‘groupthink’ and empowers a collective […]
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August 5, 2023
Lyceum Insurance Services

Managing Remote Teams: Best Practices for Employers

Managing remote teams has become increasingly prevalent in today’s dynamic work environment. As more companies embrace flexible work arrangements, it’s essential for employers to adopt effective strategies to successfully lead and support remote teams. As of 2023, 12.7% of full-time employees work from home, while 28.2% work a hybrid model. Clarity in expectations and goals […]
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August 1, 2023
Lyceum Insurance Services

Celebrating Black Business Month: Honoring Entrepreneurship and Economic Empowerment

  August is dedicated to celebrating and recognizing the achievements, contributions, and resilience of Black-owned businesses. In 2020, there were an estimated 140,918 U.S. firms with majority Black or African American ownership, up 14% from 124,004 in 2017. Black Business Month provides an opportunity to honor the entrepreneurial spirit and economic empowerment within the Black […]
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July 25, 2023
Lensey Wilson

Experiencing High Turnover? Here’s Why – and What You Can Do About It

HIGH EMPLOYEE TURNOVER can be a significant challenge for companies, leading to increased costs, decreased productivity, and a negative impact on company culture. The cost of turnover is extremely high: it’s estimated that losing an employee can cost a company 1.5-2 times the employee’s salary. Understanding the underlying reasons behind turnover and implementing effective strategies […]
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July 20, 2023
Lyceum Insurance Services

The Impact of Summer on Companies: Embracing the Seasonal Dynamics

SUMMER BRINGS WARMTH, longer days, and a shift in energy that can uplift our moods and give us fun things to do—as well as significantly influence companies across many different industries. As employees enjoy vacation time, customers change their purchasing habits, and businesses adapt to the unique characteristics of the season.  Summer often brings a […]
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July 14, 2023
Lyceum Insurance Services

Navigating the Challenges for Small Businesses in 2023

RUNNING A SMALL BUSINESS has always come with its own set of challenges, and as we continue through 2023, new obstacles and opportunities alike continue to come up. From technological advancements in AI and automation to changing customer expectations, small businesses face a constantly-changing market that calls for quick adaptability and strategic thinking.  Whether we […]
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July 13, 2023
Lyceum Insurance Services

Why Are Health Insurance and Employee Benefits Important to Employees?

As an employer, you depend on your employees to maintain daily operations and pursue future aspirations. If you cannot attract top candidates, retain valuable contributors or help your employees maintain their health and wellness, your business’s bottom line may suffer. With that in mind, your organization should prioritize understanding the importance of employee benefits. What […]
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