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 When employees are unable to work because of a disabling injury or illness, Short-Term Disability Insurance helps by replacing part of their income.
An employee’s savings might not be enough if an illness, injury or pregnancy keeps them out of work beyond their paid sick days. Short-term disability insurance (STD) helps protect employee income during extended work absences and can help employees pay the bills when they cannot work due to a covered claim. Short-term disability insurance replaces a portion of an employee’s income for covered illnesses and injuries sustained outside of work.
Contact Us to help your employees get covered now. Call or Text: 714-900-2363
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CalSavers is California’s new retirement savings program for workers in the private sector who do not currently have a way to save at work. Eligible employers with at least five employees that do not already have an employer-sponsored retirement plan will be required to begin offering one via the private market or provide their employees with access to CalSavers by the following deadlines:
The cost of CalSavers investments (consisting of an underlying fund fee, a state fee, and a program administration fee) could be approximately twice the cost of a typical 401(k) investment. Please contact us for more information on starting a company retirement plan that works best for you and your business.  Here are some key features of CalSavers that eligible California employers should be aware of:
Employers that do not already have an employer-sponsored retirement plan may want to examine implementing one based on the following considerations:
Which retirement plan is right for your business? Businesses with no employees As a business owner, you know your company’s success takes preparation and effort. Your retirement years are no different. The appropriate business retirement plan can incorporate the flexibility you need while helping you to prepare for your retirement – as well as attract and retain quality employees. Once you’ve determined your objectives, you can evaluate your options based on the needs of your business and employees. Then you can begin selecting the right retirement plan for your business. If you’re like many other self-employed individuals, you probably want to know how much you can save for retirement each year and how your contributions will affect your taxes, now and in retirement. There are three primary options available to help you achieve your goals:
Whether you have employees or not, the retirement plan you choose may have a large impact on your personal and professional life. I can help you weigh your options and educate you on the different plan types available for you and your business. For More Information, Contact: Derick M Roberts Financial Advisor – Edward Jones 2223 East Wellington Avenue Suite 310 Santa Ana, CA 92701-3161 714-543-9632 derick.roberts@edwardjones.com Thorough documentation is a critical part of performance management. It’s also a vital component when building an employer’s defense against complaints. While an absence of documentation can be devastating to an employer’s defense, poorly written documentation can be just as damaging. And how do you document performance when managing remotely. Learn WHAT to say and HOW to frame the feedback message to correct performance deficiencies and if necessary provide a legal basis for discipline.
WhenMonday, May 4, from 2:15pm - 3:15pm PT WhereOnline Webinar **Free for EVERYONE This presentation will explore:
 IMPORTANT INFORMATION - For Business Owners in Brea, Fullerton, Santa Ana, Irvine, Costa Mesa, Newport Beach
For those businesses that are working hard to keep their employees, you need to know that Group Health Insurance Plans are available in your area that may save you thousands of dollars a month in premiums and reduce your overhead costs. With little or no change in amount of benefits, you could start saving as soon as May 1. There are new benefits options available in these cities, that can reduce costs of benefits compared to Kaiser, Blue Shield, Health Net and United Healthcare plans with similar benefits, with improvements as follows:
A Small Change in your health and Benefits Plan Now, can help the company with thousands of savings over the next 12 months. Contact Us ASAP for more information: Call or Text: 714-900-2363 - OR - Schedule a 10 Minute Phone Call Here From Our Friends at Accrew Bookkeeping... An interactive workshop on how to keep businessing when the world is not business as usual. Sign up to join here: https://bit.ly/2Vw6mK8  As business owners, we’ve felt overwhelmed by the information coming at us on a daily basis. There are new rules and opportunities like never before, but it’s hard to sift through to get practical steps to take.
That’s why we’re providing a weekly workshop to help businesses get information quickly and questions answered so they can apply it in their business today. This week, Joe Gutierrez will be going over the PPP and EIDL loans and how to navigate them. Sign up to join here: https://bit.ly/2Vw6mK8 A recent announcement form OSCAR Health explains that all care related to COVID-19 or Coronavirus will be covered in full. See the announcement below.  Questions? Call/Text Us at 714-900-2363
 We’ve got the latest information on what you need to know—and some myths you should ignore.As the new coronavirus continues to spread, it’s important to reduce risk by educating yourself and your family about the facts. (After all, knowing the facts can help reduce anxiety.) There’s plenty of conflicting, misleading, and confusing information out there, with false rumors and bad advice spreading all the time. In fact, the World Health Organization (WHO) described this as an “infodemic.” It’s hard to know what’s true and what isn’t. We’re here to help. Click here for the full article... Questions? Call/Text Us: 714-900-2363
 How Can I Save Money on Insurance, Now! During hard economic times, we are all looking for ways to save money. Here are some tips on how you might make small adjustments to your insurance plans in order to save money right away. Auto Do you have more than one car and don't need to use one or more right now? You can place one or more vehicles on "non-op" status. Non-Op or Non-Operational status allows you to remove all coverages except comprehensive coverage from those parked vehicles. That could save hundreds of dollars per month, starting now! There are some rules: 1. You must notify DMV that the vehicle is not being driven. Otherwise your registration will be suspended for lack of insurance. 2. The vehicle must be parked out of view of the street. Park it in the garage, behind a fence or gate or in a warehouse. 3. Some insurance companies have their own rules, so check with them on the best way to do this. 4. BEFORE YOU DRIVE your parked car again, Contact your insurance company and DMV to let them know it will be in use so that your insurance and vehicle status is up to date! Home Homeowners insurance does not have many areas for savings; however, you can save by changing your deductible. If it is $500, consider $1000. Is it $1000, consider a $2500 deductible. This will save 10-20% off your monthly bill. Health 1. Individual Plans - If your income has dropped, Covered California (the state exchange) has opened up a special enrollment period that will allow for new applications to find coverage. Based on Income, there are discounts (tax credits) available or you may qualify for Medi-Cal, Low income health insurance. 2. Group Plans - If your business has a group plan. Consider changing to a lower cost plan temporarily to reduce your overhead expenses. A group can change plans any time during the year. As things improve, you could increase the coverage again later. 3. Most Importantly - Do not go unisured! The right plan is available for everyone, reach out for help to find the best plan for you. Business Some business insurance plans are based on revenue, number of employees or square footage. Talk to your agent or broker and review your most recent application. Is your income lower, fewer employees, smaller warehouse? Those can all affect your rates. Making corrections could reduce your insurance expenses. Workers Comp If you are using fewer workers during this crisis, contact your insurance broker to adjust your plan. This may lower your premiums until business picks up again. When it does, be sure to tell your agent right away. Otherwise, you may owe money at the end of the year audit. Life Life insurance is one plan you do not want to touch. Keep it as long as you can. If you must make a change to reduce cost, contact your agent or insurance company. You may be able to change the term or amount of coverage to lower your costs. Final Note: Be sure to review your coverages with your agent every year. Annual reviews will take 20-30 minutes and will make sure you have the right coverage based on the correct information. Questions? Contact Us: 714-900-2363
 Employers must be very careful with the transition involved in moving employees home to work. Remote employees raise significantly more challenges with Workers’ Compensation, particularly since the employer has little to no control over the home premises of the employee. Here are some best practices to ensure your company’s work from home policy benefits the employee AND the employer: • Physically inspect the employee’s home office to make sure it is safe. • Clearly define the physical boundaries of the home office. If the boundaries are not well-established, an employer might be liable for an injury that happens anywhere on the employee’s property. • Set specific work hours. Otherwise, an employee could argue that an injury occurring at any time of day or night is work-related. • Specifically describe the scope of the employee’s activities. This reduces the possibility a clerical employee could successfully present a claim for doing a physical activity while in the home. The policy should make it clear that activities falling outside the employee’s job description are not the employer’s responsibility. • Teach employees about injury prevention. The largest injury exposure for employees working from home is ergonomic type injuries. Questions? Contact Us: 800-846-5902
AFLACTo Our Valued Clients, Colleagues and Friends: During these unprecedented times, we want to reinforce our commitment to you and the service standards that you expect from us. Our top priority is to minimize any service disruption to our customers, while ensuring the safety of our employees. We want to reassure you that we are operational and ready to provide you with superior customer service. Our staff is working remotely and remain ready to take your calls, emails and texts. Our Health Insurance Carriers are not charging members for medically necessary screening and testing for COVID-19. Important Health Insurance Contact Numbers: United Healthcare 866-414-1959 COVID-19 Info Blue Shield (800) 393-6130 COVID-19 Info Kaiser Permanente 800-464-4000 COVID-19 Info Oscar Health 855-672-2788 COVID-19 Info HealthNet 800-522-0088 COVID-19 Info AFLAC 800-992-3522 COVID-19 Info Our first priority is the safety of our staff and our customers. During these events surrounding the Coronavirus situation, we encourage you to do all that is necessary to remain safe and healthy. Take Care, George Varela, Pacific All Risk Insurance Brokers, LLC |
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