Employee Benefit Guidance & Compliance Solutions

Posts by Brandi Bowers

Monthly Newsletter January 2019

Posted by on January 1, 2019 in Newsletters

Dear Valued Clients and Associates, Happy New Year!! I sincerely hope your holidays were amazing and your new year has started off brilliantly! As I celebrate my one-year anniversary with PF Compass I am thrilled to say it has been a fantastic year of learning, meeting wonderful people, creating great partnerships and helping some fantastic businesses across the region with their group benefits needs. We are currently helping our clients get ahead of 2/1, 3/1, 4/1 and 5/1 renewals that sometimes get pushed to the last minute due to end of the year business and open enrollment responsibilities. Our complimentary benefits evaluation can provide your group with significant opportunities to save money and stay compliant. Please email me by using the contact button or call to schedule a time to meet. Scrambling to figure out how to handle your end of year 1094/1095 filings? Let me know, we may...

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Is It Time To Check Out Check-Ins?

Posted by on January 1, 2019 in Human Resources

Is It Time To Check Out Check-Ins? By Maggie Johnson     As we have just entered a new year, you may be planning or already planned performance goals with your employees. These employee performance goals more than likely tie to the 2019 goals for your organization. Thus, employees’ performance is integral to a company’s success. It would seem reasonable then that steady progress toward completion of those established employee goals, and general employee performance and productivity, would be at the forefront. Yet, more than 70% of employers still conduct only annual performance evaluations for their staff. There is, however, a strong trend to move to more meaningful discussions or “check-ins” with employees. It began in 2012, at Cargill, a worldwide food producer and distributor, with the launch of its Everyday Performance Management system, followed by Google, Adobe and Accenture with similar practices that redefined performance management. Check-ins can...

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Monthly Newsletter December 2018

Posted by on December 1, 2018 in Newsletters

Dear Valued Clients and Associates, This week I learned who the Franklin High School Madrigal Singers are. They put on a holiday performance for The Franklin Woman’s Club and they were incredible. If you have the opportunity to see them perform, I highly recommend it. As we continue rolling through the holiday season and the new year approaches, I am looking for any feedback on how to improve this newsletter in 2019. Your feedback is greatly appreciated. Here is your last Newsletter in 2018 with a combination of HR and Health related news. I hope you enjoy! Sending peaceful and joyous holiday wishes to you and yours!     3 hours of HR Consulting/ DOL Audit, complimentary For all NEW clients joining PF Compass (new plan, renewal or off renewal BOR) until 1/31/19, we offering 3 free hours of HR Consulting/ DOL Audit. Use the contact button below or...

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Monthly Newsletter November 2018

Posted by on November 14, 2018 in Newsletters

Dear Valued Clients and Associates, As we lead up to Thanksgiving and the Holiday Season we would like to express our gratitude to our clients, prospects and colleagues for their continued support. Would you like a simpler way to manage benefits at open enrollment and throughout the year without added expense? Give your employees the opportunity to review and enroll in their benefits online! Whether you are a current client or a prospective one, give me a call or email to find out how we can help. Don’t forget, we are offering 3 free hours of HR Consulting/ DOL Audit for all NEW clients joining PF Compass (new plan, renewal or off renewal BOR) from 10/1/18-1/31/19. To receive this offer you must reply to this email or call me at 732-258-1032 Here is your November 2018 Newsletter with a combination of HR and Health related news. I hope you...

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Acronyms!

Posted by on October 30, 2018 in Human Resources

Acronyms! By Maggie Johnson     Medical plan terminology such as HMO, EPO, PPO, etc. can be confusing if you’re unfamiliar with health insurance abbreviations. Understanding the meaning of these and other health insurance terminology can be helpful, especially when you are deciding which health benefits are best for your company. Below is a simple explanation for several health insurance terms, beginning with medical plan acronyms: HDHP/CDHP (High Deductible Health Plan/Consumer Directed Health Plan): This plan type typically has significantly lower premiums than other plan types, but also requires much higher deductibles with a minimum deductible of $1,350 for single coverage and $2,700 for family coverage for both 2018 and 2019. A health savings account (HSA) can be used in conjunction with an HDHP/CDHP to pay for any qualified out-of-pocket medical expenses, including deductibles. (Also see HSA below.) HMO (Health Maintenance Organization): An HMO is a network of healthcare...

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