January 5, 2024
Lyceum Insurance ServicesBenefits of a Business Risk Assessment in Monrovia, MD
It’s unpleasant to consider accidents, professional errors and other incidents impacting your organization, but responsible leaders and decision-makers must consider these possibilities to avoid potentially catastrophic consequences. Preparing for unexpected difficulties can go a long way in minimizing resulting ramifications, including financial losses. Assessing your business’s risks should be integral to your company’s operations. What […]
January 4, 2024
Lyceum Insurance ServicesUnveiling the Future: Trending Benefits in 2024
As we enter 2024, employment benefits are changing rapidly. Employers are realizing the importance of a good workplace and offering extra benefits. However, the challenges that shaped the benefits landscape of 2023 are still here—maybe even more so. This blog explores benefit trends to look out for in 2024, outlining potential effects on employers and […]
December 28, 2023
Lyceum Insurance ServicesStay Insured for Winter Preparedness
While cold weather mainly has associations with health problems, there are some well-being benefits in these frigid winter months. Maryland Primary Care Physicians highlights some of these benefits, such as reduced inflammation, fewer allergies, improved brain function, better emotional health, and more. Even though there are these benefits, it is still important to invest in […]
December 20, 2023
Lyceum Insurance ServicesWhy Is Professional Development Important in Business?
Retaining talented employees is crucial for an employer’s productivity and overall success. With industry trends and labor market conditions constantly in flux, employers can remain competitive by prioritizing employee professional development efforts. Such initiatives have increased in popularity and demand to support today’s workers and changing workplaces. What Is Professional Development in the Workplace? Professional […]
December 19, 2023
Lyceum Insurance ServicesDecoding Employee Preferences: Holiday Bonuses vs. Enhanced Benefits
Holiday Bonuses vs. Enhanced Benefits Employers often wonder how to show appreciation to staff during the holidays. Contemporary workers value expanded benefits as a more durable and meaningful form of acknowledgment than holiday bonuses. Let’s dive into what employees want! The Appeal of Holiday Bonuses: A Classic Gesture Instant gratification: Holiday bonuses give workers a […]
December 18, 2023
Lyceum Insurance ServicesWhat Is Employee Well-being in the Workplace?
Many companies now offer programs and incentives that promote total wellness, also known as well-being. When a company culture prioritizes overall well-being, it can inspire employees to embrace and integrate the concept into the organization’s operations. From an organizational standpoint, an employee’s well-being is directly related to the quality of their work, as well as […]
December 15, 2023
Lyceum Insurance ServicesHow to Promote Diversity, Equity and Inclusion in the Workplace
Attraction and retention, workplace culture, employee productivity and compliance are some of an employer’s more significant challenges. Diversity, equity and inclusion (DEI) programs can be crucial in these workplace factors. While many organizations may already pursue diversity, equity and inclusion efforts, employers are rethinking their strategies and adding a renewed focus on belonging. What Is […]
December 13, 2023
Lyceum Insurance ServicesUnwrapping the Benefits of Holiday Giving and Matching Programs for Businesses
Joy, love, and generosity are high during the holiday season. Behind the cheery facade of the holiday season is a chance for businesses to do good in their communities while also boosting their bottom lines. A corporate donation matching gift program is a type of charitable giving program in which companies match the donations made […]
December 12, 2023
Lyceum Insurance ServicesAssessing the Adequacy of an HR Department for Your Organization’s Size
The management of a company’s most valuable asset, its people, is mostly the responsibility of the Human Resources (HR) department. It’s critical to assess if the HR department is adequately staffed to fulfill the demands of the workforce as firms expand and change. According to Indeed, an average HR staff to employee ratio is around […]
December 8, 2023
Lyceum Insurance ServicesACA Reporting Deadlines for 2024: What Employers Need to Know
“The clock is ticking… to 2024!” ACA Reporting Deadlines As 2024 draws near, it’s important for employers to know when the ACA reporting dates are. Certain firms are required by the Affordable Care Act (ACA) to disclose information on the health coverage they provide to their employees. The IRS uses this information to enforce adherence […]