What is your employee turnover?

Employers are often left in the dark when determining what the actual costs they are absorbing when an employee leaves their organization whether voluntary or involuntary. For example, a recent¬†study found average costs to replace an employee are: 16% of annual salary for high-turnover, low-paying jobs (earning under $30,000 a year). For example, the cost…

$17,000 paid to hackers

During 2013, the number of attacks each month rose from 100,000 in January to 600,000 in December, according to a 2014 report by Symantec, the maker of antivirus software. A report from Intel Corp.’s McAfee Labs released in November said the number of ransom ware attacks is expected to grow even more in 2016 because…

Employee engagement is vital

Don’t fool yourself. Not all of your employees are always engaged and running at a high level. You must understand the importance of efficiency and inefficiencies when relating to your employees engagement. This risk is a significant vacuum of cost to businesses. Image the opportunity to identify, quantify and address this risk within your business…

Should I Pay?

Every now and again an owner will ask me…if my employee has a small cut or injury should I go ahead and pay the claim versus turning it over to my insurance carrier? It never fails. It is a great question and one that should be asked. My response is always the same. Yes, report…

“The top 10 risks to the world in 2016”

We find ourselves glued to the television to receive vital information on current events not only domestically but internationally. The international events are impacting our economy more and more each day. Take for example the destabilization in China and how that has driven insecurities throughout the stock market. The crisis in the middle east, North…

What will 2016 bring?

We have all officially crossed over into a new year. The holidays are over, the champagne has stopped flowing and we’re now playing Monday morning quarterback to a clean slate. A fresh start. With 2015 now in the rear view mirror it is time to forge ahead and establish a new path to success. The…

What Scares You?

In a recent article by National Underwriter (Nov. 2015//Volume 119//No.11 edition) Travelers released their 2015 “Consumer Risk Index” which is an annual poll of the risks the U.S citizens believe are most prevalent to them. The Top 5¬†Risks are: Financial Security 66% worry about their finances and 30% say they worry about it a lot…