Do the rewards of genetic testing of employees outweigh the possible risks it presents to their financial stability? This article by Carol Harnett, president of The Council for Disability Awareness, was recently published in Human Resource Executive. I became intrigued with genetics in sixth grade. I still recall being fascinated when Mrs. D’Amato described Gregor Mendel’s…
The first week of April is National Young Adult Cancer Awareness Week. This is a good time to review your company’s policies toward accommodating both young and older employees alike who are being treated for cancer. There is a high probability that someone in your organization will receive a cancer diagnosis this year. According to…
Disability insurance provides critical financial protection to American workers. Yet it’s a highly misunderstood form of insurance. You probably have health insurance, home or renter’s insurance, and car insurance. But what about your need for income protection insurance? Disability insurance pays you a portion of your income when an injury or illness takes you out…
Let’s face it, as a business owner, you’ve got enough to worry about. According to a recent survey by Paychex, 42 percent of professionals experience moderate stress levels on a regular basis — and money and work are key contributors to that stress. The Bank of America Business Advantage Small Business Owner Report in 2017…
Chronic pain is affecting more and more Americans. A 2015 study by the National Institutes of Health’s National Center for Complementary and Integrative Health revealed that chronic or severe pain affects nearly 50 million American adults on a consistent basis. What impact does chronic pain have on the workforce, and how can your HR team better…
Many people dream of starting a company or joining a startup. It’s your chance to make something of your own or to start on the ground floor of something important and potentially world-changing. It also offers the flexibility and culture many people value. But there’s high risk with that reward. Startup founders and early employees…
Becoming a parent is an extraordinary and, at times, stressful endeavor. Your life is about to fundamentally change. And as you plan the myriad dimensions of this new reality, you may be wondering how you’ll cover all the bills while you take time off work. Family leave is a complex issue and it requires a…
No one plans to have cancer. Aside from the shock and anxiety for the future a diagnosis brings, cancer also presents a financial situation that few people fully consider. Huge medical bills, on top of the typical expenses like college loans, mortgages, and car payments, can leave survivors concerned about their finances. Despite this, there…
In last month’s blog post, I wrote about how the non-occupational disabilities covered under salary continuation or disability insurance plans are more common than the occupational disabilities covered under workers’ compensation. I suggested that your benefits team should be as focused on managing the costs of non-occ disabilities as your risk management team is on…
Buying a home can be one of the most exciting experiences that life has to offer, especially when all the stars seem to align. As consumer confidence continues to build and mortgage rates continue to fall, the housing market is seeing an uptick—especially among millennials. While buying a home can surely be an exciting experience, it…
