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How a Major Discount Retailer is Transforming Its Culture

… push with new topics each month would keep the program both fresh and engaging. This monthly, evolving program ran for a full year. As a true multi-channel program, it included a mix of digital and print material to accommodate facility and access limitations, while craftfully driving home the message. Leadership buy-in also helped set the stage. We kicked off the program with a personal message from a senior executive team member to start strong with an endorsement.   64% drop in safety-related incidents   64% drop in workers’ compensation claims Mission Accomplished in Just One Year The program achieved …

https://www.epicbrokers.com/insights/how-a-major-discount-retailer-is-transforming-its-culture/

EPIC Reduces Roofer's Loss Ratio from 56 Percent to 3 Percent

The Power Of Loss Control A Construction Company with 10 Workers’ Compensation claims in one policy year knew something had to change. In an effort to reduce overall injuries, EPIC Loss Control worked with management to provide training at the supervisory level. This training involved Safety Leadership where foremen were provided skills on leading by example, the importance of safety in efficiency, and how to motivate employees to engage in safe behaviors. EPIC Loss Control began visiting to lead safety meetings at the company every two months. Topics were selected based on exposures observed at jobsites, along with seasonal topics …

https://www.epicbrokers.com/insights/epic-reduces-roofers-loss-ratio/

EPIC Named a “Best Place to Work” in Birmingham

EPIC Insurance Brokers is proud to announce that our Alabama location was named a “Best Place to Work” in Birmingham. Read about the employee recognition and our excellent benefits at EPIC. EPIC leadership provides exceptional communication to all employees via regular “All Hands” and “Town Hall” meetings to make sure everyone stays engaged and informed. Feedback from employees is valued and received by one-off surveys; communication is key. EPIC lays out a path for success to employees by providing employee resource groups, tuition reimbursement, incentive recognition programs and mentorship programs. Having an empowered culture is crucial to success. In …

https://www.epicbrokers.com/insights/epic-named-best-place-work-birmingham/

Checklist for Strategic and Compliant Employee Benefit Plan Communications

… two ways to categorize various groups in an employee population: Segments are self-selected. Employees respond to surveys or other interactive media to report their job function and specific interests. Subgroups are determined by employers and relate to more concrete classifications such as employee class (customer service representative, sales, and leadership, etc.), age (more likely to be starting a family or thinking about retirement) or geography (remote workers vs. office workers). Carefully targeted benefit communications can help engage employees, steer enrollment, increase perceived value and lead to a successful enrollment season. When crafting benefit communications, announce important messages, repeat and …

https://www.epicbrokers.com/insights/checklist-for-strategic-and-compliant-employee-benefit-plan-communications/

Community Wellness: Considering Paid Sick Leave

… accomplish your important work much more efficiently. You don’t stop paying for the internet while it’s down, but understand the overall value of the service it provides. Yes, it’s pretty much that simple. The bottom line? Employees need to be paid when sick to stay out of the office to protect colleagues and get healthy faster, AND employees need to be paid for time off when they are well to enjoy life, family, travel, or just to recharge. Senior leadership and decision-makers may have overlooked much of this when it was just about a cold or

https://www.epicbrokers.com/insights/community-wellness-considering-paid-sick-leave/

EPIC Client Showcase: Burger Lounge

… high-volume stores. Miguel and the others on the leadership team have found a way to keep employees engaged even if they are temporarily out of work. They have a weekly newsletter to update all employees on what is being done to prepare for on-premise to resume, to keep employees and guests safe. They want all employees to feel connected to Burger Lounge even if some employees are not currently working.  They want them to be excited to return to the workplace. Employee morale is up as they see what the leadership team has done to emerge in …

https://www.epicbrokers.com/insights/epic-client-showcase-burger-lounge/

Unrealized Potential: Missed Sales Opportunities & Profit Protection

… the economic impact caused by the current pandemic crisis is unknown, we know companies will continue to look for ways to increase profitability and growth. In the short term, expect to see a 25-30% reduction in operating budgets. This will create challenges for loss prevention (LP) departments if organizational leadership views their LP team simply as security guards who catch thieves and regard shrink only as a line on the profit and loss statement. An effective profit protection model views shrink as a resolutely complex and interwoven problem transcending company and departmental boundaries that requires a multi-faceted and …

https://www.epicbrokers.com/insights/unrealized-potential-missed-sales-opportunities-profit-protection/

Survey Highlights Accounting Industry's Response to SBA Paycheck Protection Program

… addition to modifying engagement letter terms and conditions, firms also reported taking additional action to ensure appropriate risk management and quality control procedures were in place when providing PPP-related advisory services to their clients including: Issuing written policies or guidance to its professionals regarding engagement acceptance (64%) Issuing written policies and guidance for planning, performing and reviewing the work (45%) and Creating internal templates and toolkits (91%) 91% of respondents indicated their firms had published toolkits, guides or other thought leadership regarding the PPP for use by their clients and the general public. Please contact Owen Bailitz at …

https://www.epicbrokers.com/insights/survey-highlights-accounting-industrys-response-to-sba-paycheck-protection-program/