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Employee Benefits

April 12, 2024
Lyceum Insurance Services

The 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. […]
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April 6, 2024
Lyceum Insurance Services

Affordable 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 […]
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March 19, 2024
Lyceum Insurance Services

Maryland Paid Sick and Safe Leave

In an effort to prioritize the well-being of employees, Maryland has implemented the Paid Sick and Safe Leave law.   Employers with 15 or more workers are required by Maryland’s Healthy Working Families Act to offer paid sick and safe leave to their workers. Employees are required by law to accrue one hour of paid […]
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March 9, 2024
Lyceum Insurance Services

Spring Cleaning Your Insurance Policies: Tips for Optimization

The flowers bloom and the days grow longer; spring is the perfect time not only to declutter your home, but also to assess and optimize your insurance policies.   As the seasons change and nature undergoes a renewal, it’s the perfect time for businesses to engage in some financial spring cleaning. The evaluation and optimization […]
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March 5, 2024
Lyceum Insurance Services

The Luck of the Irish (or Should We Say, the Insurance) – How to Take Luck Out of Your Employee Benefits 

An Irish saying:​​ “Wherever you go, whatever you do, may the luck of the Irish be there with you!”    One of the best-known events on the March calendar is St. Patrick’s Day. What exactly is “the luck of the Irish”, and does it apply to us?   In the ever-changing world of employee benefits, […]
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February 29, 2024
Lyceum Insurance Services

Taking the Extra Leap for Employee Health Initiatives

Buckle up for an unconventional ride through the corporate calendar—it’s Leap Day! Let’s seize this once-in-four-years opportunity to leap into a workplace transformation that goes beyond the ordinary. We get an extra day on our calendars every four years: February 29th, often known as Leap Day. Though some may find this day unremarkable, it offers […]
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February 27, 2024
Lyceum Insurance Services

How to Make Sure You Are Providing Your Employees the Best Health Benefits

Employee benefits are an increasingly essential part of the employee-employer relationship in modern workplaces. Employee benefits include various programs, incentives and insurance coverages that may compensate your workforce beyond their direct wages or salary. Furthermore, offering the right employee benefits can directly impact your attraction and retention efforts, meaning that you may be better positioned […]
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January 11, 2024
Lyceum Insurance Services

What Is Employee Benefits Management and How Can it Help Employers?

As an employer, employee benefits represent integral parts of compensating, caring for and retaining your workforce. These various perks and incentives, such as group health insurance options, employer-sponsored life insurance, financial assistance programs and training and educational opportunities, can all be critical investments for employers. However, employee benefits can often be complicated and nuanced, making […]
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January 4, 2024
Lyceum Insurance Services

Unveiling 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 […]
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December 18, 2023
Lyceum Insurance Services

What 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 […]
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