Financial Advisor Insurance – Overview | Types of Insurance

The Corporate Con/noisseur

Financial advisor insurance is on top of the list. And so, we’ve dedicated today’s article to help you understand why you need insurance and which ones do you need. Professional liability insurance. General liability insurance. Commercial property insurance.

Changing Careers and Health Insurance

Career Alley

Employer-Based Health Insurance Statistics. When employers offer their workers’ health insurance coverage, it not only raises the caliber of employees applying for open positions, it also ensures a healthy, more productive workforce. Because of this, more and more employers are offering health insurance plans to their workers. Roughly 57% of small businesses in the United States with 49 or fewer employees offer health insurance plans to their workers.

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Top 5 Workers Compensation Claims

Jobacle

For this reason, companies are required to carry workers’ compensation insurance. Workers Compensation Insurance 101. For those who are unfamiliar, workers’ compensation laws are set in place to make sure an employee injured at work will receive compensation to replace lost wages and medical expenses. Each state has its own workers compensation laws, so if you are unsure about your stat’s laws, visit WorkersCompensation.com.

Workers Compensation Bureau and Resources by State

Workology

Workers Compensation Definition. Workers compensation is defined as a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee’s right to sue his or her employer for the tort of negligence. The Division also administers the rules and regulations for individual self-insurers and group self-insurers. Maine – Maine Compensation Board.

Navigating Workers Compensation Claims After an Injury

Ms. Career Girl

The post Navigating Workers Compensation Claims After an Injury appeared first on Ms. While you should do what you can to avoid injury, it would be in your best interest to know about the workers compensation process before the injury occurs. The sooner you file, the sooner you will receive your workers compensation benefits. File the Workers Compensation Claim. In South Carolina that organization is the Workers’ Compensation Commission.

Staff Development, Benefits & Compensation for Low-Wage Workers

Workology

Those working in these jobs make up a large portion of the workforce, so it is imperative that we think about them when creating staff development programs, compensation structures and benefits. The answer to how we better engage and develop our low-wage employees is a mix of compensation, benefits and staff development. Compensation & Benefits. Even if you are a small business that is not covered by the employer mandate, consider offering insurance.

“Compensation lowered; can I resign and collect Unemployment Benefits?”

Sklover Working Wisdom

Answer: Dear Rob: Many, many people worldwide are having their compensation cut, and so I am receiving many questions like yours. You might want to view our Free YouTube Video entitled “ Unemployment Insurance Benefits – The 12 Basics You Need to Know.” Miscellaneous Compensation Raise, Bonus, Compensation Resigning from Your Job Unemployment Benefits

4 Types of Compensation You May Be Owed from Your Company

Career Alley

When a person is employed by a company, they are almost always entitled to some sort of compensation from the employer according to employment laws. This usually takes the form of financial compensation, unless the employee is an unpaid intern. However, in addition to these wages, there are other forms of compensation that you may be owed by your company. Varieties of Financial Compensation. Compensation Conundrum – When You Should Compromise on Compensation.

“Employer’s Sole Discretion” in Contracts, Handbooks and Compensation Plans: Six Strong Arguments to Defeat It

Sklover Working Wisdom

On this basis, Brandon felt confident he would achieve an overall increase in compensation. The company Bonus Plan provided that any issues as to eligibility, entitlement or calculation of bonuses would be “determined with finality by the Company Compensation Committee in its sole and absolute discretion.”. Brandon’s attorney helped him appeal these decisions to the Company Compensation Committee. “Everyone is entitled to their own opinion.

How to Fight Unemployment Insurance Benefit Hearings

Workology

Our economy is strong, however, unemployment insurance remains a cost that employers and businesses should evaluate and understand in order to remain profitable and growing. Unemployment insurance benefits first appeared in Wisconsin in 1932 as part of an effort to provide relief to workers who were unemployed as a result of the 1929 financial collapse. The length a state offers unemployment insurance benefits varies. Fixed and Managed Costs: Unemployment Insurance Taxes.

Offer Letter or Company Plan – Which One Governs?

Sklover Working Wisdom

ACTUAL CASE HISTORIES : Case History 1: Joseph signed an Offer Letter that said the following: “The Company will provide you and your family with health insurance coverage, subject to the terms provisions and conditions of the Company Health Insurance Plan.” When Lemuel insisted on an explanation, she responded, “Your Offer Letter stated clearly ‘Your compensation consists of a base salary, an annual bonus and health care coverage.

2017 100

6 Skills Recent Graduates gain working in Insurance.

Corn on the Job

No matter what role you have within the insurance industry you will have to interact with other people. You will have to interact both in person and over the phone with customers looking for different types of insurance. Working in insurance you may be responding to a client about their child’s health insurance or about their small businesses workers compensation insurance policy. Critical-thinking skills are crucial in the insurance industry.

“If my company is sold, can I collect unemployment insurance.

Sklover Working Wisdom

Blog » “If my company is sold, can I collect unemployment insurance benefits?” “If If my company is sold, can I collect unemployment insurance benefits?” Salary, Raise, Bonus, Compensation G. Kossoff – Executive Advice LJL Seminars – Public Speaking Payscale.com – Compare Your Salary Resume Service, Best Resumes of New York Salary.com – Compensation Info Become Part of What We Are Doing.

Justice Department Sues Nation's Largest Mortgage Insurance.

HireCentrix

Justice Department Sues Nation’s Largest Mortgage Insurance Provider for Discrimination Against Women on Paid Maternity Leave. WASHINGTON – The Justice Department announced today that it has sued the Mortgage Guaranty Insurance Corporation (MGIC), the nation’s largest mortgage insurance company, and two of its underwriters, Elgina Cunningham and Kelly Kane, for violating the Fair Housing Act by discriminating against women on paid maternity leave. Be our Friend.

Aging Parents – The Truth You Need To Know

Ms. Career Girl

Life Insurance. Life insurance, like most insurance, is one of those things we love to hate. Insurance in general is designed to protect against large losses that would be detrimental or even catastrophic. It provides money to compensate for those losses if or when they happen. With auto insurance, it’s an if. With life insurance, it’s a when, because you’re mortal and you are going to eventually die.

2018 152

Are You Committing Unemployment Insurance Fraud By Accident?

Career Realism

Unemployment Insurance Fraud takes place when an individual conceals or misrepresents some information to get or increase unemployment insurance payments. Using another individual’s identity (social security number andor name) to work and file for insurance payments. Not reporting other types of reimbursement (for example, Workers’ Compensation payments). Helping some person to file a fraudulent insurance claim. How Can Unemployment Insurance Fraud Be Detected?

You’ve Got The Job! What’s Next?

Ms. Career Girl

Insurance. When you’re young and still have that youthful delusion of invincibility, insurance can seem like an unnecessary financial burden. What’s important to remember is the basic reason behind insurance. Insurance is meant to back you up in the event of something happening that is not only unexpected but would be a financial burden. So it’s important to have the kinds of insurance that you and a professional advisor deem appropriate.

2017 124

Employment Benefits: Negotiating For Life Insurance As Part Of Your Salary

Career Realism

Salary negotiations can be complex and have to be considered seriously, at different times in your career, so that you are sure to be receiving fair compensation for your time and energy investments. There are several solid reasons to include life insurance into your overall strategy for negotiating your salary package. Reasons to negotiate for life insurance coverage at your job: Life insurance is more than just a vehicle to gain a death benefit payout from.

Unemployment and How We Can Help

Workology

The American public is often unaware that employers are responsible for covering much of the cost associated with unemployment through what is called unemployment insurance as well as the employment taxes they pay and are responsible for. Unemployment benefits for workers who lose their jobs or qualify can provide up to 26 weeks of weekly benefits though an unemployment compensation supplement. How We Can Help Those Receiving Unemployment Compensation.

2012 97

my employer might drop our health insurance — what can I do?

Ask A Manager

A reader writes: Yesterday, I overheard a conversation between the owner of the company and our accountant where they discussed dropping the company’s health insurance plan. If past experience with the way the owner handles things like this is indicative of future behavior, it is likely that she’ll tell us just a few days before the change, and offer little or no compensation to make up for it.

Defining Commensurate: It’s not so easy…

Workology

You have most likely heard or read the words “compensation will be commensurate with experience and/or academic preparation” What does this mean? . Many may see those words in a job posting or job description and think this means they will receive a compensation package which is comparable to what everyone else in the world with a same or similar job title makes. Each hiring organization gets to determine what they will pay and how they will compensate their employees.

2014 101

“Can my employer reduce benefits without any limit?”

Sklover Working Wisdom

Question: About ten days ago, without notice, my employer sent out an email to all employees telling us that, effective immediately, our health insurance will cost us more, our 401k contributions will be cut in half, and if we are laid off, our severance will be eliminated – entirely. One common mandated benefit is workers compensation insurance, which provides employees injured on the job with wages, benefits and medical reimbursements.

Job Change? Ten Tax Tips – Things to discuss with your tax advisor

Sklover Working Wisdom

COBRA and unemployment benefits are taxable, as well – Regardless of whether an employee resigned or was terminated, sometimes former employers pay health premiums or reimburse their former employees’ insurance premiums for a period of time. Those whose former employers are paying either all or some portion of their post-employment health insurance premiums should understand that any such employer payments are taxable income to the employee.

2017 100

Unknown Job Benefits and Perks – Are You Missing Out on Any?

Sklover Working Wisdom

That is how employer-provided health insurance, disability insurance, life insurance, paid vacation days and retirement benefits, just to name a few, came to be commonly expected employment “benefits.”. The word “perquisite” – or “perk,” for short – means “a gratuity, privilege or right of employment that is incidental to usual compensation.” “ Once you get that two-way energy thing going, everyone benefits hugely.”. – James Taylor.

2016 100

3 Reasons You Should Pursue Passion AND Work

Career Realism

Erik Freeman is a benefits advisor representing Aflac insurance. Knowing that if I work harder and I am compensated for that directly correlates to my productivity.”. Career Advice Career Happiness aflac aflac insurance career advice career happiness career satisfaction job search passion and work reasons to pursue passion and work3 Reasons You Should Pursue Passion AND Work. Work It Daily. Working is part of your life, but it does not have to consume your WHOLE life.

2017 81

5 Questions: Should Amazon Employees Take the Company Offer (10K, 3 Months Pay) to Quit?

The HR Capitalist

You’re going to burn the f###ing trucks by month six, end up in jail for arson, insurance fraud and divorced. Compensation Economics Employee Relations ManagingI’ll give you $10,000 and 3 months of pay if you quit today and do something else. . Who’s interested? Everyone! Who takes me up on my offer? Well, that’s where it gets interesting. If the whole “we’ll pay you to quit” sounds familiar, it was the rarified air of the HR culture darling, Zappos.com.

2019 90

“How does an offer of ‘equity’ from an employer work?”

Sklover Working Wisdom

Private Equity firms invest “private equity,” meaning monies of very rich individuals and institutions, such as college endowments, pension funds and insurance company investments. Miscellaneous Compensation Q & A Raise, Bonus, CompensationQuestion: I am being made an offer from a company owned by a “Private Equity” firm. They have said the offer will include “equity” – which is new to me. How does that work? What terms will that piece of the offer come in?

Equity 133

Obamacare Really Isn’t That Big A Deal

Workology

There is opportunity to change and improve so many things about how employees are recruited, compensated and rewarded as a result of the looming PPACA-lypse. HR employer health insurance hr world humanities management politics the spin turnoverIf you’re looking for more information on Obamacare, Blogging4Jobs is hosting a free Webinar entitled Cutting Through the Noise on the Affordable Care Act on January 17th, 2014.

2012 97

Don’t Throw Your Career Under the Bus Chasing the Almighty Dollar

The Job Quest

The knowledge and experiences gained at the job with highest salary now don’t position you to maximize your compensation in the future. The full compensation package matters. Think about it — that choice pay isn’t going to mean as much if you are paying $500 for your monthly health insurance premium, copays are through the roof, and you don’t have much in the line of other benefits. Career Compensation Experience Job Fit Job Offer Money

2014 153

“Can I be fired for having a sick child?”

Sklover Working Wisdom

Our health insurance paid medical bills of over $2 million for his treatments. Because of the way my employer’s insurance works, my employer suffered financial setbacks because of this. Salary, Raise, Bonus, Compensation G. Kossoff – Executive Advice LJL Seminars – Public Speaking Payscale.com – Compare Your Salary Resume Service, Best Resumes of New York Salary.com – Compensation Info Become Part of What We Are Doing.

2010 109

“To be eligible for COBRA coverage, must I be on my employer's.

Sklover Working Wisdom

Published on June 10th, 2010 by Alan Sklover Question: Regarding COBRA, to be eligible, is there a minimum time period you need to be covered under an employer’s health insurance plan to be eligible for COBRA? Salary, Raise, Bonus, Compensation G. Kossoff – Executive Advice LJL Seminars – Public Speaking Payscale.com – Compare Your Salary Resume Service, Best Resumes of New York Salary.com – Compensation Info Become Part of What We Are Doing.

COBRA 100

Looking at the Full Package for the Salary Range Question

The Job Quest

Why would you give a set number without knowing more about the full compensation package or other factors that come under consideration? Here’s a list of benefits that could come into play when looking at a compensation package: Health insurance premiums, co-pays, and deductibles. Dental/vision insurance. Life insurance — What amount is offered by the company? How much additional insurance are you able to purchase, and what is the premium for it?

Salary 119

Looking at the Full Package for the Salary Range Question

The Job Quest

Why would you give a set number without knowing more about the full compensation package or other factors that come under consideration? Here’s a list of benefits that could come into play when looking at a compensation package: Health insurance premiums, co-pays, and deductibles. Dental/vision insurance. Life insurance — What amount is offered by the company? How much additional insurance are you able to purchase, and what is the premium for it?

Salary 113

4 Tips for Navigating Workers’ Comp in Your Business

Evil HR Lady

According to GTM Payroll Service’s list of Workers’ Compensation Requirements, it’s mandatory for your company to have workers’ compensation insurance in most states. Even if coverage isn’t mandatory for your business, it’s still wise to have the insurance. If an employee is injured — even if it’s a small injury — your company will be responsible and you will want insurance to cover it.

2018 142

Important Things to Consider When Hiring a Personal Injury Lawyer

Jobacle

When you are searching for one, you should consider the reputation of the law firm, their experience, and how responsive they are during negotiations with insurance companies. Personal injury cases are a type of civil litigation that can cause significant stress and financial hardship.

2021 130

Financial Advisor Firms in the U.S | Types | Services & More

The Corporate Con/noisseur

Well, the market is flooded with businesses offering financial services, which range from Registered Investment Advisors (RIAs), Planning firms, banks, Insurance Companies, and even CPA firms. Who They Hire, Products, Compensation & Risks. The Insurance Firm Financial Advisors.

2021 52

Are Company Sponsored Fitness Programs Good or Bad?

Evil HR Lady

HR introduced a wellness program at the beginning of the year, administered by a third-party company, that gets you discounts on health insurance premiums. But if it's about more than saving money on insurance then the time on the clock spent on lifestyle or fitness issues would be better spent, imo, by being more efficient at work so people can work normal hours and exercise (or not) as they see fit. Evil HR Lady Why am I evil?

2010 117

Should I Ask About Benefits During an Interview?

Career Alley

Kevin Murphy is a freelance writer and former insurance industry professional. He spends most of his time in his native Australia, and he writes about Health Insurance for Frank Health Insurance. Because benefits can comprise up to 30 percent of your compensation, and because your salary is also extremely important (nobody wants to work for free), it might seem pertinent in your first interview with a prospective employer to ask about health care benefits and salary.

2013 259

We overestimate the gap between nonprofit and for-profit jobs.

Penelope Trunk

He rarely got health insurance. At one point, we were completely stressed out about not being insured, and he asked his boss what everyone else was doing, and she said, “Can’t you get insurance from your spouse? Not only are many of us behind desks isolated from the populations we originally wanted to serve, but we put in ridiculous hours with poor compensation. Health insurance is crucial for me because I have a pre-existing medical condition.

2009 78

4 Essential Steps To Take When An Injury Happens In The Workplace

Jobacle

However dire the situation, it is also advisable to contact your insured medical provider for steps on how to manage the situation. Claims should immediately be reported to the workers’ compensation insurance carrier. An estimated 2.3

2020 164

Outside Territory Manager

Job Shoe

Compensation. •Health insurance, car allowance plus gas. There are those who like to get their hands dirty and need to play a significant role in the success of a company, entrepreneurial that understand compensation reflects on their efforts and success. Other Sales allowance atmosphere insurance manufacturing minnesota performance sales success wisconsinCompany. Sales Recruiters Chicago, Inc. Location. Chicago, IL 60607. 50000. Education. Bachelor of Science.

Iowa 40

Should I Ask About Benefits During an Interview?

Career Alley

Because benefits can comprise up to 30 percent of your compensation, and because your salary is also extremely important (nobody wants to work for free), it might seem pertinent in your first interview with a prospective employer to ask about health care benefits and salary. The biggest blunder made by job applicants is the tendency to jump to the issue of compensation too quickly,” says Deb Koen, vice president of a nonprofit group called Career Development Services.

2014 252

Entrepreneurs: Looking to Hire? Avoid These 3 Hiring Mistakes

Ms. Career Girl

Remember that hiring new staff comes with paying the necessary taxes and insurance, in addition to a salary. Be clear and upfront about compensation and any opportunities for growth or promotion.

2020 237