Hundreds of thousands of U.S. consumers fall victim to tax identity theft each year. If it happens to one or more employees within your organization, the consequences are amplified as it’s worse than having a delayed refund. Whomever is affected will have to spend dozens to hundreds of hours out of work to file paperwork, send emails, make phone calls, and remedy the situation. This extra work, combined with the stresses of experiencing a highly-personal crime, leads to collateral damage in the workplace: lost productivity and even distrust. Continue reading
It’s been quite a year already. Global data breaches have already compromised 4.5 billion records in the first half of 2018, a 133% increase compared to the same time last year.
This disturbing trend is cause for concern not only for consumers but especially for your business and employees. Continue reading
Unexpected expenses can be crippling. According to a recent report, only 39 percent of Americans say they would be able to pay for a $1,000 unplanned expense.
Inevitably this financial stress hits the workplace, making the employer collateral damage. According to the world’s largest human resources consulting firm, Mercer, “Improving employees’ financial wellness can lead to healthier employees, reduce absenteeism and lower turnover rates while raising employee satisfaction and improving the employer’s brand.” Continue reading
Current State of the Workforce
According to key indicators, the economic outlook for 2018 is moderately healthy. Experts forecast steady growth, with total employment expected to increase by 20.5 million jobs over the next two years.
Of course, with growth comes demand. As the economy improves, hiring has seen a steep increase resulting in a candidate driven market. Top candidates are also more likely to be employed and content in their current position. In other words, competition for the best candidates is higher than ever. In fact, 2018 is the first year that the number of jobs available exceeded the level of unemployed. Continue reading
As we make our way through the first quarter of 2018, it’s fair to assume that most of us are still striving to stick to our New Year’s resolutions. Some of us want to ditch bad habits, while others want to spend more time with family. And for many, resolutions require a renewed focus on career growth.
Driving success at work directly involves you, the employer. How well do you know your workforce? Continue reading
How do employees learn best?
Well, it’s kind of a complex answer…
Employers are increasingly aware of the importance of professional development and employee training. In fact, Training Magazine reports that U.S. companies spend an average of $4.5 billion annually on employee education programs.
However, these initiatives go much deeper than just skill development. Effective programs can increase productivity, improve accountability and enhance employee satisfaction. Ultimately, these benefits even combat turnover and add a real boost to your bottom line.
As the leader in identity theft protection, EZShield is incredibly proud of our success in helping employers roll out valuable employee benefit programs. In terms of participation and engagement, our identity protection solutions are second to none.
‘Tis the season for IRS limit research, presentation prep and collateral creation. After all, it’s open enrollment season for many employee benefits brokers and companies alike.
This is easily one of the most exciting (and honestly, confusing) times in the industry. With new mandates, rising pressures to cut costs, emerging benefits to consider and a competitive landscape — it can be hard to boil everything down into one streamlined package.
Here’s what benefits professionals need to know: