Stay Home When Sick: Flu Epidemic

Stay Home When Sick Flu EpidemicStay Home When Sick: Flu Epidemic

Flu season is out in full force It’s hit unprecedented levels in almost every state across the country. Now, more than ever, it is time to hammer in a simple truth that business owners should pass on to their employees. If you’re sick, stay home.

There are many honorable reasons why your employees come into work when they are sick. They only have a limited amount of personal days. Maybe they are on a deadline, or have a huge project going on. They don’t want to let down their coworkers or burden them to pick up the slack if they take a sick day. However, when you weigh the pros and cons of staying home when sick, it paints a different story.

Coming to work when sick significantly increases the chance that you will get your coworkers sick. Not only that, but you will work at a lower productivity level than you would if you were at your normal level of good health. There are options to missing a minimal amount of work, even if you’re sick.

Here are some tips from CNN on working during flu season. Take a sick day. If you get sick, take the day off. Giving your body a chance to recover will help you return to work quicker and at full strength. Work from home if your boss and job allow it. Wi-fi, cloud drives, video chat, and our mobile devices allow us to work from pretty much anywhere these days. If you can take a day or two and work from home, you won’t lose any sick leave, and no one else gets sick. Limit contact with others. If for some unavoidable reason you can’t work from home, try and limit your contact with others at the office so you can avoid spreading germs.

Make appropriate arrangements. Taking a moment to organize yourself will make taking a sick day easier. Definitely let your boss know if you’re going to be sick, but you should give a heads up to your coworkers as well. Send them an email to let them know if you won’t be in, so they aren’t surprised when they go looking for you.

Making health and wellness a permanent staple in our clients’ companies.
Wellness programs not only deliver proven returns on investment for employers through reduced costs and improved productivity, they can also help drive loyalty. Let Sinclair help you enrich your benefits plan with a connecticut wellness program that is designed to bring health back to people’s daily lives. Give us a call at 203.265.0996, email us, or return the form on this page.

Source: http://www.cnn.com/2009/LIVING/worklife/02/02/cb.do.not.work.sick/index.html

Aviation News: Boeing Boosts 777 Production

Aviation News Boeing Boosts 777 ProductionAviation News: Boeing Boosts 777 Production

Boeing recently ramped up the production rates for their 777, setting the fastest rate for a wide-body aircraft.

According to Aviation Week, a Korean Air Boeing 777F became the first airframe last week to go through the 777 final assembly line in Everett Washington since the production rate was increased. Previous production rates were seven aircraft per month; the new rates increases output to 8.3 aircrafts per month on average.

Boeing says the new rate is the highest ever for any wide-body aircraft, no easy task for the aircraft that has 50,000 subassemblies and approximately three million individual parts. A newly assembled 777 leaves the factory every 2.5 days on average, averaging about 100 completions per year.

The rate change has forced airline workers to improve the assembly process in order to meet the new production guidelines. Much of the faster production rate is attributed to new automated technologies and improvements based on suggestions from the workers on the assembly line. A new automated flex track systems for drilling holes has been introduced. Not only does it speed the drilling process, but eases physical strain on the mechanics.

The team also came up with new ways to wire the center aisle stand in the flight deck and under the pilot cabin. Where previously workers had to spend hours, even days stripping and sorting wires, the new bracket system comes with the wires pre-sorted. The new approach now takes minutes to install versus days.

Sinclair Risk & Financial Management has the depth and breadth of understanding of the Aviation insurance industry to provide insurance and risk management solutions to address a multitude of aviation-related risks. Contact us today for more information about our aviation insurance or manufacturing insurance programs. (877) 602-2305

Employee Benefits: Health Perception Vs. Reality

Employee Benefits Health Perception Vs. RealityEmployee Benefits Health Perception Vs. Reality

A new survey indicates that many American workers and their families have inaccurate perceptions about their weight, health condition, and how much their healthcare actually costs, according to Employee Benefit News.

Over 2,800 employees and their dependents were asked question about their thoughts, attitudes, and behaviors regarding health and wellness. Eighty-seven percent of respondents reported being in good health. However, half of those who reported being in good health (53%) had a body mass index that would fall in the overweight or obese categories. Only 23 percent believed they were overweight, compared to an actual value of 34 percent.

This staggering gap between reality and perception can have a significant impact on a company’s healthcare costs. It has long been agreed that preventative methods, such as regular exercise and maintaining a healthy diet, can lower an individual’s risk of disease and improve their overall well-being. They are less likely to miss work due to illness, and their overall health costs are likely to be lower.

In the survey’s analysis, the total healthcare costs per employee were $10,522 last year, according to the survey. Employers paid approximately $8,318 of that. However, when asked how much of the bill their employer assumed, employees guess about half the amount.

This is where employers come in. Part of the challenge in offering healthcare and wellness services is engaging employees to ensure they utilize the resources available. Offering tools and resources to employees to give them a realistic picture of their health has benefits both for themselves and the company.

At Sinclair Risk & Financial Management, we’ve developed a comprehensive risk management platform that integrates different approaches to property and casualty and employee benefits. We understand that an effective employee benefits plan is key to retention. We’ll help you find the right balance in offering an attractive plan with multiple choices, flexibility, and customization for your employees while still maintaining a price point that works for your budget. Contact us today for more information. (877) 602-2305

Millennials Challenge Human Resources

Millennials Challenge Human ResourcesMILLENNIALS Challenge Human Resources

Millennials have entered the workplace. The first generation to come of age in the new millennium, they come on a wave of technology upheaval, and with a new constantly changing landscape of social media sites. But as with each generation, their unique experiences and perspectives will alter the workplace and challenge the HR industry to adapt with them.

Pew Research Center broke down an analysis of millennials. They are confident, self-expressive, liberal, and open to change. They are set to be the most educated generation in American history, despite economic setbacks in finding jobs. The study suggests that they are self-centered, unmotivated, disrespectful, and disloyal. In the workplace, they enter new jobs feeling entitled and that their opinions should be heard.

They have also grown up in the social media revolution. Over 75 percent have a social media profile, and one in five have posted a video of themselves online. As a result they have become extremely versatile. They are able to adopt and utilize new technologies quickly. Change comes easier to them.

Millennials don’t have the traditional loyalty to their jobs or careers that previous generations do. Where as baby boomers typically stay at a job for years, millennials are likely to change jobs and even careers several times over their lifetime. They aren’t loyal to a job, and don’t hold the same 60 hour a week work ethic, instead valuing a work-life balance.

This sense of entitlement comes as a grating disrespect towards baby boomers. Because of their more transient lifestyles, millennials are entering the workforce with different expectations than older generations. Work-life balance is important. millennials expect a healthy balance or work and personal life. They have confidence in their ideas and expect to be heard. This can be grating to baby boomers who value long work weeks and “paying your dues.”

Integrating millennials into the workforce will be a challenge. HR professionals will have to address communication difficulties between generational workers, adapt to millennials desire for work-life balance, and fine new creative combinations of benefits and resources to find and retain employees.

At Sinclair Risk & Financial Management, we understand that human resource issues are an important component of an employer’s risk profile. We’ll help you evaluate HR issues and exposures and help you implement programs to ensure your company’s growth in today’s challenging and highly regulatory environment. Contact us today for more information on our Connecticut HR Consulting services. (877) 602-2305

Sources:
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2868990/
http://articles.washingtonpost.com/2012-08-16/opinions/35490487_1_boomerang-kids-modern-workplace-privileged-kids

Art Insurance: Protect Your Valuables with Private Client Coverage

Art-Insurance-Protect-Your-Valuables-with-Private-Client-CoverageArt Insurance: Protect Your Valuables with Private Client Coverage

Superstorm Sandy caused devastating wreckage across the East Coast. As businesses are beginning to recover their losses and rebuild, the art industry has been hit particularly hard.

Fine art insurers are facing claims up to half a billion dollars for artwork destroyed when waters flooded the Chelsea district of Manhattan, where many New York art galleries are located, according to Reuters. One insurer expects to pay out $40 million in claims, and brokers and underwriters say the total loss could reach $500 million.

The value of high net worth coverage can be seen in the damage caused by Superstorm Sandy. Despite the damages, up to 60 percent of individuals who qualify for high new worth policies remain with standard insurance carriers, leaving them exposed and underinsured. Art insurers previously expressed concerns that art storage warehouses had accumulated too many costly pieces in a single location, exposing them to significant losses if the facilities flooded or caught fire.

Part of the issue is a lack of knowledge about an item’s worth. Many homeowners amass collections of art, antiques, jewelry, and other collectibles, but are unaware of how much their collections are actually worth. To protect your collectibles, an appraiser should assess your collection every few years, so you have reliable, updated reports on how much everything is worth.

Standard homeowners policies do not cover valuable art collections, jewelry, or any high worth collectibles. To make sure you are covered in the event of damage, you need an additional floater or high net worth policy to get adequate protection.

At Sinclair Risk & Financial Management, we have access to particular markets that enable us to craft custom art Insurance, as well as homeowners and auto insurance programs that reflect the true value of your property, your risk profile, and your personal circumstances throughout the world. We’d love to sit down with you and discuss more about the special programs we can develop just for you. Contact us today for more information. (877) 602-2305

Source: http://www.reuters.com/article/2012/12/21/us-art-insurance-idUSBRE8BK0P820121221?feedType=RSS&feedName=lifestyleMolt

Lessons from Sandy: Protect Your Valuables with Private Client Group Insurance

Lessons from Sandy: Protect Your Valuables with Private Client Group Insurance

Superstorm Sandy caused devastating wreckage across the East Coast. As businesses are beginning to recover their losses and rebuild, the art industry has been hit particularly hard. The damage shows the importance of protecting your high end valuables with private client group insurance. Lessons from Sandy Protect Your Valuables with Private Client Group Insurance

Fine art insurers are facing claims up to half a billion dollars for artwork destroyed when waters flooded the Chelsea district of Manhattan, where many New York art galleries are located, according to Reuters. One insurer expects to pay out $40 million in claims, and brokers and underwriters say the total loss could reach $500 million.

The value of high net worth coverage can be seen in the damage caused by Superstorm Sandy. Having such high value collections also significantly increases your risk. Art insurers previously expressed concerns that art storage warehouses had accumulated too many costly pieces in a single location, exposing them to significant losses if the facilities flooded or caught fire. Yet despite the warnings and seeing the damages from Sandy up to 60 percent of individuals who qualify for high new worth policies remain with standard insurance carriers, leaving them exposed and underinsured.

Standard homeowners policies do not cover valuable art collections, jewelry, or any high worth collectibles. To make sure you are covered in the event of damage, you need an additional floater or high net worth policy to get adequate protection.

Part of the issue is a lack of knowledge about an item’s worth. Many homeowners amass collections of art, antiques, jewelry, and other collectibles, but are unaware of how much their collections are actually worth. To protect your collectibles, an appraiser should assess your collection every few years, so you have reliable, updated reports on how much everything is worth.

At Sinclair Risk & Financial Management, we have access to particular markets that enable us to craft custom homeowners and auto insurance programs that reflect the true value of your property, your risk profile, and your personal circumstances throughout the world. We’d love to sit down with you and discuss more about the special programs and private client group insurance coverage we can develop just for you. Contact us today for more information.