- About PS&F
- Industry Focus
- Client Tools
- Education & Events
- Case Studies
May 22, 2013
One of the obstacles many organizations face, in regard to employee benefits, is implementing an effective approach to employee communication. The average employer spends 41 cents per dollar of payroll on employee benefits, which equates to 29% of the employee’s total compensation package. One study suggests employees only understand/appreciate between 31% and 68% of the cost or market value of their benefits.
May 14, 2013
According to Parker, Smith & Feek Principal and Vice President of Risk Management Consulting Lynne Seville, there are numerous ways that companies can mitigate risk.
May 13, 2013
Volunteers are essential to the operations of many non-profit organizations to fulfill their mission. Whether it’s an event or general operations, first or second-time volunteers are usually walking into a position with little to no training. Unfamiliarity with the environment and workflow can increase the risk of injury to the volunteer.
April 29, 2013
Commercial insurance rates for Washington businesses are on a slow-paced assent. Like most industries, price inflation has a lot to do with supply, demand, and profit. The insurance industry makes money two ways, premiums and investments. Money is lost through claims. The insurance industry is currently experiencing high claims–especially in property coverages–and weak investment yields.
March 26, 2013
The Center for Disease Control (CDC) warns that 48 million Americans contract foodborne illnesses and 3000 people die from 31 known pathogens annually. They say many of these illnesses are caught in the home. The CDC cites dairy as the #1 cause, quickly followed by contact with animals. Salmonella in vegetables is also on the rise.
March 20, 2013
An internship program can be a fantastic way to meet smart and ambitious people who display a sincere interest in your organization. However, some organizations only have the resources to create unpaid internship programs. The inability to offer compensation can make it harder to attract quality candidates, but offering some incentives that fall within the rules of unpaid internships may help.
March 8, 2013
Borrowing equipment is a common occurrence in the construction business as it can save time and costs to do so. However, whether it’s for an hour or a week, there is always the risk of damage to the borrowed equipment. The question then arises as to who pays for the damage.
January 10, 2013
The start of a New Year is also an opportunity for renewal of initiatives, of goals and objectives. In October, I attended the American Society for Healthcare Risk Management (ASHRM) national conference.
December 21, 2012
In the wake of Superstorm Sandy, many individuals and small businesses are finding that federal funding is slow in coming, and not totally guaranteed in some cases. Many insurance companies are also struggling to react to the overwhelming volume, delaying the recovery process further. This has left some business owners sorely in need of immediate assistance in order to get back to the business of earning a living.