Identity theft is a growing problem in our modern world. As businesses transition to digital platforms, data breaches and cyberattacks continue to rise. Cybercrime cost the United States $6.9 billion in 2021. For businesses, identity theft can be an expensive problem to deal with. For employees, it can have life-altering consequences. There are hidden costs of identity theft, and these expenses are why identity theft protection plans are essential employee benefits.
In today’s competitive business environment, maximizing employee productivity is crucial for the success of any organization. As a human resources professional, you understand that employee benefits are an essential part of motivating and engaging your workforce. Recent research conducted by The Bersin Group has revealed that companies with comprehensive service benefits experience a significant boost in productivity. In fact, these organizations witness a remarkable 14% increase in productivity compared to their counterparts. Additionally, the study also found productivity is accompanied by a notable 43% improvement in quality.
While standard benefits such as group health insurance are essential, a comprehensive employee benefits package can offer even more value. One such valuable benefit that can significantly impact employee productivity is pre-paid legal services. In this blog post, we’ll explore five hidden benefits of pre-paid legal services and group legal plans that can help increase productivity in the workplace.
Pre-paid legal services will usually cover some essential needs. Drafting a will or helping with government agencies is something that anyone can expect. However, there are times when special types of legal expertise are needed. It may be above and beyond what an ordinary attorney can do. A group legal plan must be able to respond to such a need. Continue reading
You can hope and vote for smaller government but do not count on that. The government is very much a part of our lives, and you will be dealing with public agencies at all levels. It sometimes gets very annoying and also very frustrating. There are so many ways government influences your life. A group legal plan with the right benefit options could be a lifesaver. Continue reading
The Emotions Behind a Will
Anger can Change Decisions
There is considerable emotion wrapped up in drafting a will, which is perhaps why so many people delay doing it. It is more than just the thought of death. The will means assigning to certain people portions of the estate. This can result in the feeling that you are picking favorites and that doesn’t always sit right. A group legal plan offering will assistance can be crucial
Anger Causes Problems
An individual maybe angry with a family member and not have that person in the will at all. Later on, those feelings of rage are gone but the decision is still on legal paper. A commonly used benefit of a group legal plan is drafting a simple will. Countrywide Pre-Paid Legal Services offers this type of assistance. Continue reading
Knowledge Ends Confusion
Owning a house is the great American dream. Even though there’s been a lot of financial turmoil, folks are still buying homes, and it remains one of the best financial investments. A difficulty that surfaces is a lack of understanding about house buying. This type of purchase is not the same as buying a dishwasher. There’s a lot of paperwork and quite a few actors involved. A sound financial wellness plan is going to help a person better understand what is required.
New employees fresh out of college should be full of enthusiasm and ready to work. Sadly, quite a few of them are a little bit anxious and depressed. It is because of the college debt they are forced to carry. Many of them have tens of thousands of dollars in loan debt which needs to be paid. They’re also afraid of what this payment could due to their credit rating. It is not easy to start out in the business world, and it is made much harder when college debt hangs over your shoulders.
The problems are not as great as they may seem, but a young person does not have enough experience to understand that. They also rely a lot on hearsay and secondhand information. It can cause them to enter into debt payment arrangements which are not in their best interests. An employer who wants these young people to succeed in careers is willing to lend a helping hand. The best way to do this is with a financial wellness benefit program. Continue reading
Legal support is not an automated service
Legal assistance is important in this society. It isn’t just a situation of filing torts and necessary paperwork with the right public agencies. There are contracts and leases that need to be understood and sections explained. Consumer protection is important because product integrity can no longer be assumed. A good group legal plan is going to have a number of options but these mean nothing unless there is provision for effective communication.
People Want to Talk to Their Lawyers
New Regulations take Effect on January 1
So many things change with the New Year and it is not just the calendar. Many people are not aware of this but the first of the year is a time when many new government regulations go into effect. These govern public agencies and were enacted either by the state legislature or the federal government. To put it mildly, a lot of rules are going to change. It comes as a shock to some people who need to work with the public agencies. Anyone who is a member of a group legal plan can call on help to understand the new rules.
Companies still give out small gifts during the holiday season. These help build up employee morale and are very appreciated by the staff. While this is all very nice those gifts rarely last beyond the end of the year. A forward-looking company that values its employees should be willing to go one step further when it comes to holiday presents. One of the best possible gifts to give to a workforce is a group legal plan.