Author Archive for: Beckham Insurance Group

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How to Design & Implement a Wellness Program

Workplace wellness is something that many companies try to achieve, but it can be difficult to start new health incentives if you don’t know what you’re doing. You need to make sure you have the right people for the task, give them access to information in order to make educated decisions, and implement programs that […]

Should You Offer Unlimited Vacation PTO?

Unlimited PTO vacation plans are becoming more and more popular these days, but are they really the best option for your business? These plans can do wonders for boosting employee morale and attracting the best candidates for your business, but they can also hurt productivity levels and result in more employee burnout. Let’s take a […]

Part-Time Employee Benefits: The Ultimate Guide

Everyone loves employee benefits. In fact, most applicants will equally consider salary and benefits when considering employment with your company. Some will even choose to accept a lower salary than another position may offer if the benefits are better. These benefits can cover a range of advantages from better healthcare, provided meals or gym services, […]

2021 HSA Contribution Limits: Everything You Need to Know

HSAs are incredibly valuable tools in insurance, but it’s important to be aware of contribution limits, which are updated every year. Sometimes, these updates change little, if anything, but for 2021, the IRS chose to increase HSA contribution limits, giving individuals the opportunity to add more money into their medical expense accounts. Here’s everything you […]

Employee Benefits Compliance Guide

Employee benefits are an essential part of your business. Without them, you will have a hard time finding the best, most qualified employees for your business. But employee benefits can be tricky to navigate–especially if you’re not up-to-date with current employee benefits compliance guide. To ensure you’re keeping up with all ACA compliance rules and […]

HRA vs HSA vs FSA: What’s the Difference?

Health Reimbursement Arrangements (HRAs), Health Savings Accounts (HSAs), and Flexible Spending Accounts (FSAs) are three different types of employer-sponsored benefit accounts that benefit employees in different ways. These accounts feature many similar benefits including healthcare assistance, tax advantages, and more, but their differences can be quite tricky to understand.   Because each of these accounts […]

The Best Employee Benefits for Small Business

There are many fantastic advantages when it comes to employee benefits– and not all of them are solely for employees. In fact, when you offer great benefits, your business will be able to stand out from competitors, attract and retain the right employees, and develop a sense of loyalty in your employees who see that […]

Benefits Enrollment Best Practices

Open enrollment provides employees with a chance to review their healthcare benefits plan for the year. It can last anywhere from a few weeks to a few months, and it can take an overwhelming amount of work from businesses and carriers if they don’t engage in the right practices to prepare and see themselves through […]