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The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.

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Today’s Top Compensation Trends

Today’s Top Compensation Trends

November 27, 2022
Although some organizations may cut jobs or reduce hiring as economic growth slows, some are paying higher employee wages to keep and win top talent. More than ever, compensation is top of mind for employers and employees alike. Today, workers can demand higher pay and better benefits as many employers face a worker shortage and…
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4 Employee Engagement Tips to Prevent Quiet Quitting

4 Employee Engagement Tips to Prevent Quiet Quitting

November 12, 2022
“Quiet quitting” continues to be an emerging trend where workers only do what their job description entails without going above and beyond. Or, this could mean only doing work directly assigned to them by a manager, while not looking for other ways to contribute to a team. When employees feel undervalued for the work they…
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Employee Leave for Voting During Elections

Employee Leave for Voting During Elections

October 31, 2022
As 2022’s Election Day approaches on Tuesday, Nov. 8, employers may be curious about how to best prepare. While federal law does not require employers to provide their employees time off to vote, many states have voting leave laws that allow employees to take time off to vote in certain circumstances. Further, employees may desire…
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5 Onboarding Tips to Help Reduce Employee Turnover

5 Onboarding Tips to Help Reduce Employee Turnover

October 12, 2022
The employee onboarding process is crucial for retaining employees after the first 90 days. During the first three months at a job, about 1 in 3 workers would leave it without having another job lined up, according to recruiting firm Jobvite. However, an effective onboarding process can help employees be excited and engaged, which helps…
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The Lingering Impact of Long COVID-19 on Employees and Workplaces

The Lingering Impact of Long COVID-19 on Employees and Workplaces

October 4, 2022
Unfortunately, some people who test positive for COVID-19 can experience long-term effects from their infection, known as “long COVID-19.” The effects of long COVID-19 can vary; individuals may experience mild symptoms or suffer near-debilitating health concerns. Long COVID-19 has impacted both employees and their employers. Specifically, some employees have not been able to work at…
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Expanding the Talent Pool With University and College Recruitment Strategies

Expanding the Talent Pool With University and College Recruitment Strategies

August 28, 2022
A common misstep in attracting or recruiting talent is setting narrow restrictions on who to interview or where talent is sourced. Often, highly talented job candidates are overlooked due to inexperience. Employers have an opportunity to expand their recruiting reach by pursuing entry-level candidates at universities, colleges and trade schools, but it comes down to…
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Proposed Overtime Rule Expected in October 2022

Proposed Overtime Rule Expected in October 2022

July 9, 2022
In its recent spring regulatory agenda, the U.S. Department of Labor (DOL) announced its plans to issue a proposed overtime rule in October 2022. According to the agency’s regulatory agenda, this proposed rule is expected to address how to implement the exemption of executive, administrative and professional employees from the Fair Labor Standards Act’s (FLSA)…
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7 Tips for Keeping Young Employees Safe

7 Tips for Keeping Young Employees Safe

June 23, 2022
The U.S. Department of Labor (DOL) recently reminded employers hiring youth-aged workers to review workplace practices and comply with federal child labor laws to ensure these hires have a safe and beneficial experience. In 2021, the DOL indicated workplace injuries and illnesses among youth-aged employees—those who are under 18 years old—have been rising since 2017.…
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What Employers Should Know About On-demand Pay

What Employers Should Know About On-demand Pay

May 17, 2022
The traditional weekly or biweekly concept of “payday” is engrained in many workplaces. However, some employers are exploring ways to pay their workers faster, especially those in industries that provide hourly wages or have high turnover rates. As Americans face rising costs for everyday essentials, health care and other emergencies, on-demand pay—also known as earned…
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HR’s Role in Preventing Cyberattacks

HR’s Role in Preventing Cyberattacks

May 1, 2022
Cyberattacks are a growing concern for employers across the globe but especially for those in the United States. According to the Identity Theft Resource Center, the number of reported U.S. data breaches rose 68% between 2020 and 2021, increasing to a record-setting 1,862 incidents. Of these breaches, 83% involved sensitive information, such as Social Security…
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