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If your company is between 2 and 500 lives, PF Compass has you covered. Employers today are blindsided by double-digit renewal increases because their current representation hasn’t provided them with a blueprint to manage their employee benefit options.
Many of today’s broker/consultants are only seen at renewal or when a claims issue arises. Unfortunately, many businesses are unaware that there is so much more their broker/consultant should be doing. At PF Compass we go well beyond what has become common broker responsibilities.
We work with all types of businesses, large and small, across a wide range of industries. Over the years we have created a reputation of providing quality group benefits and unmatched service for all our clients.
Employers that are looking to change furloughs into permanent layoffs need to be sure that they are doing so in accordance with regulations set by COBRA and the Worker Adjustment and Retraining Notification (WARN) act. It is important to stay in compliance with the WARN Act and COBRA to ensure your security from fees! When the WARN Act Applies: The WARN Act requires covered employers to provide at least 60 calendar days’ advance written notice of a worksite closing affecting 50 or more employees, or a mass layoff affecting at least 50 employees and one-third of the worksite’s total workforce or 500 or more employees at a single employment site during any 90-day period. An employment loss is defined as a situation where an employee: Is terminated, other than a discharge for cause, voluntary departure, or retirement. Has been laid off for more than six months. Suffers a reduction in...read more
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