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 […]
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 […]
March 26, 2024
Lyceum Insurance ServicesHow to Build an Effective Communication Strategy for Employees
How do you build an effective communication strategy for employees? All organizations rely on clear and efficient communication, regardless of size or sector. Whether you own a small business or make decisions for a large commercial enterprise, establishing reliable communication between members of your organization plays a critical role in ensuring smooth and streamlined operations. […]
March 19, 2024
Lyceum Insurance ServicesMaryland 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 […]
February 27, 2024
Lyceum Insurance ServicesBenefits of a Consulting Provider
Benefits consultants can help your company source, select and manage employee benefits. Human resources (HR) consulting services fall under the umbrella of business coaching and can help your company overcome numerous internal challenges, such as poor communication, high turnover and unmotivated workers. Value Added by Benefits Consultants Benefits consultants are experts assisting companies in sourcing, […]
February 27, 2024
Lyceum Insurance ServicesHow 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 […]
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 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 […]
November 23, 2023
Lyceum Insurance ServicesAn HR Guide to Managing Holiday Stress in the Workplace
The merry season is coming, but we can’t get away from being weary. The holiday season often brings joy and celebration, but it can also be a source of stress for employees. As an HR expert, you need to be aware of and prepared for problems like these. According to the APA, nearly 50% of […]