Millennials Want Better Pay and Benefits, Not Perks | VA Employee Benefits Group

As a Millennial business consultant who helps companies create people-first company cultures, one of the most frequent questions I’m seeing pop up among employers during the pandemic’s labor shortages is: “What perks can my company offer to attract and retain top Millennial talent?” Then, they’re inevitably disappointed when I tell them that perks like nap pods, … Continued

As Cybercriminals Act More Like Businesses, Insurers Must Think More Like Criminals | Virginia Benefits Consultants

Cybersecurity is no longer an emerging risk but a clear and present one for organizations of all sizes, panelists on a panel at Triple-I’s Joint Industry Forum (JIF) said. This is due in large part to the fact that cybercriminals are increasingly thinking and behaving like businesspeople. “We’ve seen a large increase in ransomware attacks for the … Continued

Benefits for a Multigenerational Workforce | VA Employee Benefits Advisors

If only everyone valued the same things, benefits planning would be a lot easier.  If. Only. However, most employers have five generations of employees active in the workplace who want different things.  With generation gaps spanning more than 75 years, finding a one-size-fits-all benefits package can be challenging.  However, there are certain things to consider … Continued

Understanding Your EOB | VA Benefits Agents

Let’s say that you visited the doctor and you are wondering how much that visit is going to cost.  A short while later, you receive something in the mail that looks like a bill – and even says “amount you owe” at the bottom.  However, it doesn’t have a return envelope or tear-off portion for … Continued

Say Hello to Generation Z | VA Employee Benefits Partners

In the last few years, members of Generation Z—those born between 1995 and 2010—have begun to enter the workforce. They are remarkably different than their millennial predecessors and their arrival should force businesses to change their marketing strategies and rethink recruitment and retention techniques. The following article examines the typical characteristics of Generation Z and … Continued

What Employees Want: Well-Being Programs| VA Employee Benefits Firm

Workplace wellness programs have increased in the past several years to promote healthy diets and lifestyle, exercise and other behaviors such as quitting smoking.  As of 2020, most employers had wellness programs of some kind, including 53% of small firms (those with 3-200 employees) and 81% of large companies.  Since employees spend most of their … Continued

Upcoming ACA Reporting Deadlines | Virginia Benefits Partners

Affordable Care Act (ACA) reporting under Section 6055 and Section 6056 for the 2021 calendar year is due in early 2022. Specifically, reporting entities must: Furnish statements to individuals by March 2, 2022; and File returns with the IRS by Feb. 28, 2022 (or March 31, 2022, if filing electronically). Penalties may apply for reporting … Continued