How to choose the perfect appraiser for your property, art, antiques, jewelry, and other valuables

appraiserIf you have highly valuable, treasured property or possessions, you may need to get them appraised for insurance purposes. Many insurance carriers will insist on accurate valuation of property, art, antiques, jewelry, and other items so they can ensure the correct level of coverage and premium payment.

When you’re seeking out a good appraiser, here are some areas to consider:

Talk to your friends and colleagues

If you know other people who need to insure high-value items, talk to them about their experiences. Get recommendations on good appraisers and create a shortlist.

Look at professional qualifications

There are a variety of professional accreditations and qualifications depending on the fields an appraiser trains in. These include:

  • International Society of Appraiser’s credentials for fine art, antiques, and personal property.
  • A diploma in gemology for jewelry appraisal.
  • Uniform Standards of Professional Appraisal Practice exam for members of the American Society of Appraisers.
  • Principles of Valuation courses for members of the American Society of Appraisers.
  • Property appraisers should have one of the following designations from the Appraisal Institute — MAI Designation, SRPA Designation, SRA Designation, AI-GRS Designation, AI-RRS Designation.

There are various other exams and certifications available. Always check an appraiser’s qualifications to ensure they’re qualified to provide expert advice.

Check if they’re members of professional appraiser organizations

There are several industry bodies for appraisers. They include:

Many of these websites have membership directories for their appraisers.

Professional appraisers are required to uphold a strong code of ethics, including:

  • Providing truly independent valuation services, with no external influences.
  • Have no outside interest in the valued item, other than as providing a professional service.
  • Only carry out appraisal work in their area of expertise.
  • Consider all relevant factors when arriving at a valuation.
  • Treat and document property with the right level of care and respect.
  • Ensure personal remuneration and pay is independent of the value of property being appraised.

Interview your shortlist

When you have a shortlist of appraisers, call each one and ask questions about their area of expertise, qualifications, professional standards, and membership of industry bodies. Get a feel for what each appraiser is like and use that to decide which one would be right for your needs.

Remember that valuations change with time, many carriers will require updated valuations on a regular basis.

As always, if you have any questions about your scheduled property or how to get your property appraised, we are a phone call away!

Mary McGrath
Personal Lines Manager
mmcgrath@srfm.com

Appraiser

High blood pressure — A hidden danger for your truck drivers

Doctor with patientIf you’re running a logistics business or division, you know how important it is to have reliable and healthy truck drivers. Although most health conditions are easy to diagnose and treat, there’s one in particular that’s tricky to spot — High blood pressure. That’s because high blood pressure (also known as hypertension) often doesn’t show any symptoms, and that’s a real problem.

Left untreated, high blood pressure can lead to significant problems for your truck drivers including:

  • An enlarged heart, a big risk for heart failure.
  • Aneurysms in blood vessels, which can be fatal.
  • Kidney failure.
  • Vision problems and blindness.

It’s estimated that over 65 million Americans (around a third of the adult population) have high blood pressure, and one in three of those people aren’t aware they’re affected.

Why high blood pressure is a real issue for truck drivers
Truck drivers have a greater risk of high blood pressure than others, mainly due to the nature of their work. Some of the causes of high blood pressure include:

  • A poor diet with too much salt — Eating healthily on the road is a real challenge, and many truck drivers will opt for fast food. Unfortunately, the high proportion of salt and lack of other nutrients is a risk factor.
  • Too much alcohol – We hope you already have drug and alcohol testing policy and procedures in place to ensure no drinking on the job, but you can’t control what happens after hours.
  • Lack of exercise — Spending almost all of their working life behind the wheel of a truck leaves little time for exercise. Being overweight or obese significantly increases the chances of high blood pressure.
  • Stress and anxiety — Dealing with other road users can create significant stress for long-haul truck drivers.

Dealing with high blood pressure issues for your drivers
As with most health issues, prevention is much better than cure. That’s why taking a few simple steps could reduce the risk of high blood pressure in your drivers, help them stay healthy, and reduce downtime due to sickness. Some of the steps you can take include:

  • Education and training — Let your truck drivers know about the risks of high blood pressure including why and how they could be impacted. Encourage them to get tested and provide clear, simple ways for them to get training on how to avoid the issue.
  • Policy changes — Introduce policies that encourage healthier behavior. Give truck drivers a 30 or 45 minute break each day that they can use to exercise. Incentivize them to eat more healthily by providing discounts for particular types of restaurants or meals.
  • Support and resources — Get some help in place. Arrange for a nurse to come on site to provide blood pressure testing and personalized advice on what your truck drivers can do. Provide maps of where to find restaurants with healthy eating options on the popular trucking routes. Introduce a formal wellness program into your workplace.
  • Health insurance and medication — Even with all these preventative measures, you will still have some drivers who develop high blood pressure problems. In those cases, you’ll want to ensure they have the right health insurance and get access to the doctors and medications they need to control their medical conditions.

If you want to keep your truck drivers healthy and happy, you can start right now. Just using one or two of these suggestions could significantly reduce the frequency and impact of high blood pressure problems. That means healthier employees, less time off sick, and a more efficient trucking operation.

Jonathan Belek
Risk Management Consultant
jbelek@srfm.com

blood pressure trucking

Ice dams, panty hose and ice melt – a winter trifecta

Ice DamsIf you’ve been listening to the predictions for this Winter here in the Northeast – we’re expecting a rough one! And along with a lot of snow comes those horrid ice dams – a serious problem that will not only do damage to your home, but also is a cause for many winter insurance claims.

If you happen to be new to the North – let me fill you in on what an ice dam is: When snow accumulates on a roof, a cycle of melting and refreezing occurs. In a perfect world, the snow would melt off the roof, enter the gutters, and flow harmlessly to the ground (before it gets too cold – make sure you clean those gutters and follow these other Fall cleaning tips). Or the snow would evaporate from the action of the sun, and never really melt off unless the outside temperature rose above the freezing point. However, two key factors interact to cause problems… the outside temperature and the temperature of the inside of your attic.

The warmer your attic is, the more melt off that occurs at the roof surface. This melted snow would normally flow off the edge of the roof. Under certain conditions, though, when air temperature is very low, the water refreezes at the edge of the roof, where the interior roof surface is not being warmed by the attic. This refreezing gradually forms what is fondly known as an “ice dam”, a growing heap of ice that blocks path of the melted snow.

Once this dam forms to a certain height, the melted snow that pools up behind it can suddenly leak back under the roof shingles and into your home! On a roof with a low slope, it only takes a small ice dam to cause water backup and leakage.I can tell you from personal experience – it’s not a fun situation, especially when water is leaking from the ceiling into your living room!

Now what do you do?

Fix the issue before it’s an issue: Increase the insulation, sealing and ventilation in your attic as soon as possible.

What if you already have an ice dam? Get rid of the ice damn as quickly as possible. A great quick fix is actually an “old farmer’s cures” from This Old House’s website.

  • Using a roof rake, remove snow 3-4 feet from the edge of your roof, being careful not to damage the roof covering or to allow snow to build up around walking paths or to block emergency exits.
  • Use a calcium chloride ice melt product, which you can generally purchase from your local hardware store. Be sure not to use rock salt or sodium chloride, which can damage your roof.
  • Fill a nylon stocking with the calcium chloride ice melt.
  • Safely place and position the calcium chloride-filled nylon stocking vertically across the ice dam so that it can melt a channel through the ice.

It’s a great way to reuse and recycle some old hose that may have runs or holes and it’s a heck of a lot easier than getting up on your roof trying to break apart the ice! Have a secret quick fix to dealing with ice damns – we’d love to hear it.

Stephen Davis
sdavis@srfm.com
Sinclair Risk & Financial Management

Ice Dams Steve Davis

Your Business Resolution — Time For a Fresh Approach

business resolutionsFor many, January is the perfect time for a new start. Resolutions to go on a diet, exercise more, pay off debt, get a new job, and otherwise improve our lifestyles are as popular as ever. But, there’s another area where a fresh start can make a big difference — Your business.

The fact is, you’re probably so involved in the day-to-day running of your organization that you don’t take a step back and get a better perspective. When you’re able to step away for just a little while and look at things objectively, the chances are you can find some good stuff to improve in your business. Here’s how to go about it.

Step 1 — Set aside the time

Get some time in the diary in early January to remove yourself from everyday operations and allow yourself to review how you could improve how your business functions, policies, and procedures. Encourage your leadership team, key managers, and a selection of employees to be involved.  Not only is their input critical, it will also remove some of the burden off your shoulders.

Step 2 — Get out of the workplace

You can’t do this with distractions. Go offsite and have an away day where you can minimize the chance of interruptions and actually get some initiatives in place, bring key members of your team along with you.  Make it engaging, fun and ensure you have white boards to capture your ideas.  Take pictures so you can save the details of your discussion.

Step 3 — Identify the main areas you want to improve

Have an honest and open discussion with your team. Let everyone bring up the main pain points in the business. What’s unnecessarily complicated or difficult to do? What policies, procedures, or functions could be improved? You’ll want to keep the discussion constructive, but don’t leave anything off the table.

Step 4 — Categorize the problems

You’ll want to split the various issues into categories, for example:

  • People related — More training needed, new team setup, staff handbook updates etc.
  • Policy related — New and amended policies to make your workplace easier to do business in.
  • Procedure related — Changes to business processes, ways of doing things, and functionality.
  • Technology related — Issues with technology, hardware, software, etc.
  • Other — Any other issues that don’t fit neatly into the previous categories.

Step 5 — Brainstorm fixes

Once you’ve got your categories, see if any of the problems are related. After you’ve done that, go through and generate ideas on how to fix the various issues, especially your policies and procedures. Don’t consider any idea to be too outlandish.

Step 6 — Prioritize

Once you’ve got your ideas, prioritize the fixes. Deliver on ideas that are easy to implement and will have a good impact. Follow that up with the harder implementations that will still make a big difference. After that, carry out the changes that will still have an impact, even if it’s minor.

Step 7 — Give people accountability

Once you have a list of ideas, get people in your business to take ownership of them. Get project management in place to deliver on the ideas and fix the broken parts of your business. Then, get regular updates throughout the year on how things are going. Give your project managers the resources and people they need to make a positive change.

This can be a great way to incentivize and fire up your people to change their working environment. Whether it’s removing bottlenecks in a process, rewriting a policy, enhancing training for team members, improving hiring methods, or replacing old technology, small changes can have a big impact.

Carry this out every January, deliver on your changes, and you’ll have a beautifully functioning, sleek, and efficient operation in less time than you think.

Matt Bauer
President
mbauer@srfm.com

Business Resolution

The Modern Office & Managing the Risk

modern officeToday’s employers are placing a premium on employee wellness and engagement. And rightfully so, hard working employees deserve some love. But in addition to doing right by their people, businesses that provide comprehensive wellness plans and lifestyle perks for their employees are realizing huge benefits from it. But with more unconventional and physical activities going on in the office, there comes a whole new set of risks for employers.

Let’s talk about what employers are doing for their people, how it’s working, and how to manage the risks involved in the modern office.

A New Age of Employee Engagement

Now more than ever organizations in business are truly investing in their people. Employee perks and benefits are evolving to an all new level thanks to forward-thinking companies like Google with state of the art fitness facilities, fully stocked game rooms, free bicycles and more cool perks for employees. Who ever thought we’d see a rock climbing wall at the office?  Googles’ perks go so deep that past and current Google employees have gone online to list their favorite perks working for Google.

Here are Some Common Contemporary Employee Benefits, Perks and Activities

  • Fitness gyms
  • Yoga, Karate, Pilates studios
  • Basketball courts
  • Table games: Ping Pong, Foosball, Billiards, etc.
  • Video games
  • Reading rooms
  • Massage chairs
  • On Site Pet Care
  • And yes, even rock climbing

A New Age of Risk

Not to be a wet blanket, but you can get hurt playing Ping Pong, and the bottom line is: If you’re putting perks and activities in place that present the potential for an accident or injury, you have a responsibility to manage the risk and provide the safest environment possible for your employees. So, before you put up the basketball hoop, put some basic risk management measures in place.

Here are some simple things that you can do to manage the risks involved with lifestyle perks:

Liability Waivers: If you’re offering activities with any level of physicality or potential for injury, it’s a common best practice to get signed waivers from participants…even if it’s only Ping Pong.

Medical Clearance: Depending on the physical level of the activities you make available, you may consider requiring clearance from a doctor before employees may participate in any activities.

Restrict Access: To reduce employer risks, allow only employees of the company (and not friends and family) to take advantage of the amenities (Gym, Sports Court, etc).

Safety Programs: Institute a safety education program covering the equipment and activities, and post safety guidelines in game rooms, gyms, and on ball courts or playing fields.

Get Covered: If you’re thinking of providing any new perks or benefits for your employees, make sure that you have adequate liability and workers’ comp  insurance coverage in place (yes, even if it’s ping pong).

The modern office landscape is changing, and with this new era of employee engagement and all of the perks that go with it, a new set of risks arise. So, if you’re considering taking your benefits package to the next level, talk to us at Sinclair. We specialize in measuring your risk and covering your exposure. We’re also Liability and Workers’ Comp experts, so this is right up our alley.

Shannon Hudspeth
Human Resource Director
shudspeth@srfm.com

Why your business needs a wellness program

Building Healthy Habits — Beat Holiday Indulgences and Feel Fantastic

healthy habitsEating and drinking is one of the great pleasures in life, and the holiday season is the perfect time to indulge. Celebrating with family and friends makes it easy to just have one more serving, an extra slice of cake, or another glass of wine. Of course, that can mean putting on a few more pounds than you’d like, so what’s the best way to shift that holiday weight?

Rather than starting up a new diet or exercise regime, it’s all about making small, positive lifestyle changes and building good habits — Here’s how to do exactly that.

Understand what you want to change most to get healthier

You can only change your lifestyle if you’ve got a good reason. Think about what your goals are when it comes to getting healthier — Is it losing weight, lifting a certain amount, walking up a steep hill without being out of breath, or something else?

Your goals should be short-term and easy to reach — If you want to lose weight it’s much better to aim at losing a couple of pounds a month than 25 pounds this year. So, choose one goal, write it down, and commit to it.

Focus on making one small change to your health at a time

If you try to do too much too soon, you’ll lose focus, get distracted, and it won’t last. That’s why getting healthier is all about making small, incremental changes that together add up to you feeling fantastic. Look at your goal and think about the one small thing you could do today to get towards it. For example:

  • Reduce your mid-afternoon snacks.
  • Drink one less beer during an evening out with friends.
  • Walk for 15 minutes each day.
  • Have one “meat free” day a week.

Then, make the change and stick to it.

Take pleasure in what you’re doing to create a healthier lifestyle

It’s important to feel positively about the changes you’re making, rather than seeing them as denying yourself. Be “in the moment” and conscious of how and why you’re making your choices. If you’re taking a walk each day, spend the time really enjoying and noticing your surroundings. If you’re reducing how much you drink, replace the beer or wine with a delicious fruit smoothie. Think about ways to positively reinforce what you’re doing.

When it comes to getting healthier, don’t do too much, too quickly

As you make changes, wait for them to become a habit and “stick” before you move onto something else. Ideally, you want your positive lifestyle changes to become effortless and part of who you are. That way, it will never feel like a chore.

Really feel the benefits of a healthier lifestyle

Positive reinforcement is vitally important. That’s why you want to notice the changes you’re making and the benefits they’re having. Appreciate the fact you don’t run out of breath when you’re hiking up a hill, or that you look great in the new clothes you’ve been able to buy. Reward yourself for creating healthy changes in your life.

It’s amazing how much you can do for your health if you set realistic goals, turn small changes into habits, feel the benefits, and take pleasure in what you’re doing. Of course, you can still have “cheat days” and overindulge from time to time. Now you’ll have the confidence you’re completely in charge of your lifestyle and the healthy choices you’ve made.

Heather Sinclair
Risk Management Consultant
hsinclair@srfm.com

Healthly Habits

Prepping Your Vehicle for Winter

Prepping Your Vehicle for WinterAs the temperature drops and the skies turn gray, natures’ animals prepare for the great hibernation that is winter. Squirrels stockpile nuts, bears fatten themselves up, birds fly south, and us humans head to the store and buy a new winter coat. For those of us with opposable thumbs, we also have to prepare other things for winter that are distinctly human…like our automobiles.

Owning a car, which most of us do, comes with the responsibility of regular maintenance and upkeep and for those of us living in colder climates, we have the added task of prepping our automobiles for winter. So as the cold front approaches, what do you need to do to get your car ready for the change of season?

Getting your car mechanically ready for the cold:

  • Fluids: Fluids are the life blood of your vehicle and as the temperature drops, the fluids in our vehicle respond. Frozen or broken down fluids are generally not good for a car. It’s critical to ensure that the fluids we’re using in our car can stand up to the freezing temperatures of winter. Specifically:
  • Engine Coolant/Anti-Freeze:  A coolant system flush and new radiator fluid is a good idea going into winter, and make sure you have anti-freeze in your radiator that’s rated for sub zero temperatures.
  • Engine Oil: Most engine oil these days are rated for two temperature ranges (10W 30 for example). The numbers signify the weight or viscosity of the oil. The more viscous the oil, the more easily it flows through the engine. With engine oil, lower numbers means the oil flows more easily. In winter you want a lower weight oil so the cold doesn’t thicken the oil and impede the flow through the engine. Be sure you have some 10W in your oil weight. Did you know that the “w” in 10w30 stands for winter? It does.
  • Transmission Fluid: Typically, the transmission fluid in your vehicle is rated for the cold but heading into winter is a good time to have a mechanic check the fluid, flush it out and replace it if needed.
  • Windshield Wiper Fluid: While it’s not critical to the operation of your vehicle, wiper fluid if not rated for the cold can freeze up and cause damage to the wiper fluid reservoir.
  • Tires: The obvious item to prep for winter is your tires. Have your tires inspected by a professional mechanic to ensure that there is sufficient tread to get you through the snowy days. If your area sees a lot of snow, you may want to consider putting on tires with snow specific tread. These tires have a more aggressive tread pattern and will reduce your gas mileage so consider the trade off. Here are some tips from the pros on winter tires.
  • Heater: None of us want to be stuck in the dead of winter with no heater in the car. Have your mechanic check your heater operation and make sure you’re ready for the chill.

 Preparing to drive and store your car in the cold:

Once your vehicle is mechanically ready for the cold weather, it’s time to prep yourself as a driver for the cold days ahead. Here are some things you can do to make your winter driving life easier.

  • Keep an emergency kit in the car: You never know when your car may break down or get stuck in the snow leaving you stranded in the cold. Act like a boy scout and be prepared with a winter emergency car kit with items like flares, a camping shovel for digging out of snow, and some cold weather gear.
  • Get an Ice scraper/Snow brush: Duh. I know, it’s obvious to have one but it’s also good to invest in a good quality scraper.
  • Get a car cover: If you’re not into scraping and brushing snow off the car in the morning, a car cover could make your life more enjoyable. A couple of minutes to put a cover on your car in the evening can save you several minutes of scraping ice and brushing snow in the morning. And who wants to do that on a cold winter morning when you’re late for work? You can purchase a car cover online that is made specifically for your car.

Here’s a tip: Always make sure that all of the snow is completely removed from your vehicle before driving. I know, you just want to get to work, but when you leave snow on your car, it blows off while you drive blinding drivers in cars behind you in a snow drift, which is unsafe, and not too friendly.

As winter approaches, do these few things to get you and your car ready for the cold and it’s going to make your life a whole lot easier. At Sinclair, we’re always preparing for the future and the unforeseen. We are Risk Management Specialists ready to handle whatever life brings your way.

Stephen Davis
sdavis@srfm.com
Sinclair Risk& Financial Management

Prepping Your Vehicle for Winter

Health Insurance and Large Groups — Understand How Your Premiums Are Calculated

?????????????????????????????????As an employer, one of the most valuable benefits you can offer to your employees is health insurance. For larger groups of 51 employees or more, you’ll likely have group health insurance coverage. This is a policy you’ll typically purchase from a broker (so you get the best deal) that you can then offer to all of your eligible employees. Around 98% of large employers (businesses with more than 200 employees) provide health coverage to some or all of their people.

These types of health insurance policies are great for your employees

Large group policies have several advantages over small group or individual health insurance plans:

  • The employer typically pays half or more of an employee’s premiums.
  • Premium only plans (POP) mean employees can pay premiums out of their pre-tax incomes.
  • This results in significantly subsidized premiums, meaning happier employees.
  • You get a healthier, better motivated workforce.

The health insurance cost is calculated slightly differently for large groups

The cost of large group policies is typically worked out when the employer decides to purchase, rather than being a fixed rate. The premiums, coverage, deductibles, and benefits are normally based on several factors:

  • The number of employees participating.
  • The type of coverage needed.
  • The amount of payments, deductibles, and benefits desired.
  • An employer’s prior claims history.

Individual employees don’t normally have to fill out health questionnaires, although employers may need to answer general questions on the health of their employees.

Other factors that can impact your health insurance premiums for large groups

Some insurers will also take the following into account:

  • The average age of the workforce.
  • Large claims that have been made by the employer previously.
  • The employer’s location — New York City is going to be more expensive than rural Wisconsin.
  • The gender makeup of the workforce.
  • The sector an employer works in — Premiums for constructions workers are going to be higher than for a retail shoe store.

All of these factors will feed into the calculations, coverage, benefits, and premiums.

Differences in health insurance premiums between small and large groups

If we look at a typical health insurance plan for a family, an employee will generally contribute:

  • In small groups — Around 35% of the premium.
  • In large groups — Around 25% of the premium.

There’s less of a burden on employees in large group health insurance plans.

If you’re a large employer, you must offer health insurance

The Affordable Care Act requires that employers of more than 50 people must offer affordable health plans to their ‘Full Time Equivalent” employees. The penalties for not providing this type of cover are:

  • Mandate Penalty — This comes into effect if an employer does not offer group health coverage. It’s calculated at $2,000 per employee, after the first 30 employees.
  • Qualification Penalty — This applies if an employer does not offer a “qualifying plan.” Qualifying plans must offer a certain minimum standard of coverage, and must be affordable to employees. The penalty is $3,000 per employee that does not get qualifying coverage and purchases a policy through the health insurance Marketplace.

The best way to make sure you get an affordable policy, and your employees get the coverage they need, is to use a specialist health insurance broker. They can help you navigate the complicated areas of health insurance and make sure you get the support you need to make the right choice.

Jill Goulet
Risk Management Consultant
jgoulet@srfm.com

Sinclair 7-22-15-14

Use caution when Decking the Halls!

Use caution when Decking the Halls!
Photo Credit: National Safety Council (nsc.org)

Every year without fail, insurance agents across the country handle thousands of claims involving home fires due to holiday decorations.  Sadly, most of these incidents could have been avoided saving the homeowners from heartache – and a lot of money.

Here are some great tips from the National Safety Council (Click HERE for the full brochure!)

TREES

Many artificial trees are fire resistant. Make sure when purchasing one, you look for a statement specifying this protection. Consider replacing your old tree if you aren’t certain it’s fire resistant

If you prefer a fresh tree, ensure it stays greener longer and is less of a fire hazard by keeping it watered.

To check for freshness, remember:

  • A fresh tree is green.
  • Fresh needles are hard to pull from branches.
  • When bent between your fingers, fresh needles do not break.
  • The trunk butt of a fresh tree is sticky with resin.
  • When the trunk of a tree is bounced on the ground, a shower of falling needles shows that tree is too dry.

LIGHTS

Regardless if you are using indoor or outdoor lights, make sure they have been tested for safety. Identify these by the label from an independent testing laboratory.

  • Check each set of lights, new or old, for broken or cracked sockets, frayed or bare wires, or loose connections.
  • Discard damaged sets or repair them before using.
  • Fasten outdoor lights securely to trees, house, walls or other firm support to protect from wind damage.
  • Use no more than three standard-size sets of lights per single extension cord.
  • Turn off all lights on trees and other decorations when you go to bed or leave the house. Lights could short and start a fire.
  • Never use electric lights on a metallic tree
  • Never use indoor lights for outdoor purposes

CANDLES

  • Never use lighted candles on a tree or near other evergreens.
  • Always use non-flammable holders.
  • Keep candles away from other decorations and wrapping paper.
  • Place candles where they cannot be knocked down or blown over.

TRIMMINGS

  • Use only non-combustible or flame-resistant materials.
  • Wear gloves while decorating with spun glass “angel hair” to avoid irritation to eyes and skin.
  • Choose tinsel or artificial icicles or plastic or nonleaded metals. Leaded materials are hazardous if ingested by children.
  • In homes with small children, take special care to:
    • Avoid decorations that are sharp or breakable.
    • Keep trimmings with small removable parts out of the reach of children. Pieces could be swallowed or inhaled.
    • Avoid trimmings that resemble candy or food. A child could eat them!

LAST BUT NOT LEAST – UNPLUG! Please don’t leave your tree lights plugged in or any holiday decorations plugged in when you are sleeping or away from your home.  Shorts and accidents can happen and will cause a fire.  Even a well hydrated Christmas tree will go up in flames quickly.  Take a quick peek at this video.   Christmas Tree Fire

Have a happy and safe holiday season!

Rachel Winslow
Personal Lines Account Executive
rwinslow@srfm.com

Deck the Halls

Keeping Up With the Evolving Workplace

???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????With the age of Millennials gaining a stronghold in the workforce comes the dawn of the modern workplace. Times are changing surrounding how we hire and train, what we do to retain employees, and the dynamics within the office environment itself. Employees are seeing companies through different lenses these days, and employers have to rethink their employee strategies in order to attract and retain the best new talent.

Change is good, and if you want to keep up it’s time to let go of the past, embrace the present, and see into the future. The business landscape is evolving, and we’re going to discuss some things you can do to make sure you’re positioned to grow with it.

The Office in 2016

Increased technology, a path for growth, and a fresh view from management of workplace dynamics are what employees are expecting in today’s modern office. Millennials are vetting employers more deeply than ever and making choices on where they want to work based on culture, values, perks, and growth opportunities. Millennials want more than just a paycheck, and to attract the best up and coming talent, employers have to offer more. Let’s talk about what that means.

Keeping Up With The Times

One of the top criteria that Millennials use for deciding whether or not to sign on with a company is the quality of the management. Quality of management comes in many forms and is relevant on multiple levels. Here’s what I mean:

Technology: Does it seem like technology developments are moving faster and faster with each passing year? It seems that way, because it is that way. A company that doesn’t embrace and leverage new technology sends a message to employees (and potential employees) that you’re ok remaining stagnant and not so interested in embracing growth and change. This is a red flag for discerning Millennials who are ever-so-searching for upward growth.

Flexibility: As the workplace changes, so do our workdays. The traditional 9 to 5 is a thing of the past in many business settings, and employers are embracing more unconventional methods like implementing 4 day work weeks and allowing more telecommuting. This tells prospective employees that management takes a smart approach to cutting costs and streamlining operations which also allows for a more balanced work-life dynamic for the employee. It’s a winner with Millennial for sure.

Wellness: Employees expect more from the workplace in terms of personal development. They ask the question: If I spend 8 to 10 to 12 hours a day at my job, what am I getting out of it besides a sense of achievement and a paycheck? Wellness programs are an essential part of any companies’ employee strategy. An investment in the health and wellbeing of employees not only improves the quality of life for workers, it’s proven to increase productivity and it lowers insurance rates for the business.

What can a company do to keep up with the times?

Don’t be Fred Flintstone: Nothing is more frustrating for employees than outdated technology that slows down their day. Provide the right tools for your people and it goes a long way in improving their happiness and increasing their productivity. Assess and upgrade equipment as needed like; Phones, Computers, and Printers and if they say “Made in Bedrock” on the bottom, get an upgrade.

Limber Up: Consider some alternatives to the 8 hour workday if they make sense for your business model. Will a four day week work fly? Can some of your people telecommute part of the time? If the answer is yes, test out some of these options, they could save you money and increase productivity.

Take Care of Your People: If you don’t have a dedicated Wellness Program, get one started. A comprehensive wellness program is an attractive benefit for prospective employees and it will pay you back in spades, by way of:

  • Lowered health care costs.
  • Reduced absenteeism.
  • Higher employee productivity.
  • Reduced workers’ compensation and disability-related costs.
  • Reduced occurrences of injuries.
  • Improved employee morale and loyalty.

Step up Your Game: If you have a wellness program in place, great, you’re on the right track. Consistent growth and improvement of your wellness offerings tells employees that they mean something to the company and are worth the investment. Think about expanding your program and even throwing in some lifestyle benefits in the office like; Yoga classes, fitness areas, and even allowing pets in the office.

Millennials love to see that a company is invested in their personal and professional growth; I think we all like to see that. So, especially in this age of the evolving workplace it’s important for employers to stay up with the times, embrace the changes, and provide a culture that’s attractive to up and coming talent.

At Sinclair we’re dedicated to Employee Wellness. We look at an organization from every angle and we will customize a wellness program focused on developing a healthier and happier workforce in your business. Get in touch with us today to see what we can do for you.

Matt Bauer
President
mbauer@srfm.com

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