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PEO vs. Insurance Broker: 6 Differences Business Owners Need to Know

Zenefits

In 2021, a reported 57% of non-elderly people were covered by employer health insurance.¹ While a small business isn’t required to provide health insurance to its employees, as it grows and scales, this changes. To provide these health benefits, employers can work with either a PEO or an insurance broker. What is a PEO?

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Now What? Post-SVB, CEOs Need To Exercise Strategic Vision, Tactical Wile

Chief Executive

One possibility, Scheef said, is checking out cash-management platforms such as IntraFi ICS, a service that allows thousands of banks to spread out a company’s funds in increments of $249,000 to as many banks as necessary to get the amount covered by FDIC insurance in toto. The cost is roughly 15 basis points, he said.

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15 Best Global HR Certifications To Enroll In [2024 Edition]

AIHR

Candidates with a thorough knowledge of global labor laws and those who have had exposure to multicultural talent management are highly sought-after assets for multinational companies in the globalized business world. Earning this certification validates your competencies and skills in managing HR disciplines in a global marketplace.

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Transferring Risk Helps Relieve Leaders’ Biggest Fears

Chief Executive

But rather than focus on the potential for doom and gloom, we offer one avenue companies can explore to be better prepared to face those risks: sell them to someone else. Some companies perceive buying insurance purely as an expense, a drain on profits. Almost all companies already have commercial property insurance.

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Capital Expenditure Budget Examples In The Healthcare Management Industry

Walk Me

Whether this is your first job in the role or you’re already a seasoned professional, the gap between the vision and the reality of being a healthcare manager can make the first year a real challenge. By monitoring this variance, hospital managers can choose cheaper suppliers to meet demand without hurting profits.

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Preparing For The Big One

Chief Executive

For those that did, cyber insurance helped defray the remediation expenses and the loss of business income. He’s referring in part to the decision by one of the world’s largest cyber insurers, London-based Lloyd’s Market Association, to exclude coverage for state-sponsored cyberattacks. Today is a different story.

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What To Know As You Consider Outsourcing Manufacturing

Chief Executive

Manufacturing outsourcing raises profit margins, improves inventory management and gets new products to market faster. Manufacturing outsourcing allows you to utilize assets that others already have in place, without having to make a heavy investment developing your own capabilities. This frees capital to grow your business.