There’s a divide that has cropped up in talent management planning overtime. I refer to it as the Silo Approach. There are two main aspects that go into recruiting and retaining talent: compensation and benefits. In the past, compensation was given much of the weight and benefits was an easy box to check because [...]
Investing in better health benefits may seem counter-intuitive when one of the top HR priorities is controlling benefit costs. But another top operational priority is recruiting and retaining top talent, and good health benefits are critical to accomplishing this. Health Benefits v. Sign-On Bonus You may be asking yourself: Why not invest in something [...]
Expense reimbursed insurance is a type of supplemental health insurance that can be layered on to primary plans to provide additional coverage. While these plans aren’t as well known in the supplemental health insurance market, they are gaining prominence. In fact, ArmadaCare has a suite of three expense reimbursed insured plans with different coverage [...]
We are living in the prime of the cool office perks era. Catered lunches, foosball, puppies on-site. They’re all the rage. And you aren’t just finding them at startups or tech companies anymore. This kind of “culture” is being replicated in all industries. But some companies are making a fatal assumption: cool perks are [...]
Last week, Armada held our inaugural Day of Service. We spent the day beautifying the recess space of a local Baltimore school, painting hop scotch, 4-square courts, race tracks and more! This rewarding experience allowed us the hands-on opportunity to improve our community. Armada employees got to relive their recess days and experience the [...]
Voluntary insurance, also referred to as worksite voluntary insurance, is the most common type of supplemental health insurance. A few examples of voluntary insurance plans are critical illness, cancer and hospital indemnity. For years, voluntary insurance has dominated the supplemental market, which is why when employers and brokers think of supplemental insurance, their minds [...]
Today’s tight talent market has employers battling for the skilled employees they need, yet often times coming up short. The conventional strategies of talent management aren’t getting the job done. It’s time for a new approach. ArmadaCare is partnering with world-renowned business advisor and speaker, Ram Charan, to bring you a special online event [...]
Employee Benefit News recently published an article that told accounts of people with chronic illness unable to afford routine prescriptions even with their health insurance. One story, in particular, mentioned a woman with diabetes who said this of her prescription coverage: “Honestly, I’m still paying as much as I was paying in school without [...]
The tight talent market is creating a huge challenge for employers. It’s becoming increasingly difficult for them to recruit the talent they want and hold onto the talent they need to succeed. In fact, 80% of employers find recruitment and retention to be the top objective for creating a benefits strategy. Let’s look at [...]
The healthcare industry is facing a nursing shortage. Just as recruitment and retention is a top priority for all employers, recruiting and retaining nurse staff in particular is a top priority for healthcare facilities. Today’s tight talent market is making recruitment and retention difficult, but it is not the only contributing factor to the [...]
