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robintek

A SNAPSHOT OF HR EXECUTIVES IN SMALL TO MID-SIZED COMPANIES

By Your Employee Matters

In a recent HR webinar, I asked three highly revealing polling questions. Here they are:

    1. What have you done to show your value?

Nobody knows that you’re doing a great job unless you tell them. It’s not that they don’t care about you; it’s just that they’re running 75mph and barely have time to pay attention to anything but their own work. What effort have you made to get noticed by delivering a report or giving a workshop? Unfortunately, only 21% of respondents said that they created a strategic plan. As Mary Kay once stated, “most people spend more time planning their vacations better than their career.” Or, as I might add, their HR department.

    1. How excited are you about the HR opportunity on a scale from 1-5 (5 being very excited)?

Half of the respondents described themselves as fairly “excited.” Unfortunately, some 43% were just “ok or worse” with HR. Most organizations find the whole idea of HR boring. My guess is that is not the case at the 7% of companies where people said they were very excited about HR! I believe that if 7% can be excited, so can the 93%. It’s simply a choice. What have you done in HR lately that goes beyond administrative or compliance requirements? What have you done to help improve the quality of the workplace (getting rid of poor employees and replacing them with great ones is a start), increasing performance management (having a performance management system that actually works), boosting retention, and giving greater love to that 20% of your workforce that produces 80% of results? What are you helping your company do to become more creative, innovative, and interesting?

    1. What’s stopping you?

I often ask this question in workshops and in webinars. Time is always the most common response (one of those buts again), followed by the company or management. A survey of HR That Works members found that 84% of respondents said they would make better use of the service if they had more time.

Time management is a major issue!

Go to the time management training on HR That Works. Watch the two videos and then start putting them into practice. I would recommend that you start by tracking where your time is going and then eliminate five hours of the uncool, un-valuable work you do every week.

EDITOR’S COLUMN: GET YOUR ‘BUT’ OUT OF THE WAY

By Your Employee Matters

I recently listened to a great interview with Dan Hardy and Sean Stephenson, author ofGet Off Your But. This guy has an amazing story. He’s all of 3 feet tall, wheelchair bound – and has become a YouTube sensation as a motivational speaker.

Sean says that his life’s mission is to rid the world of insecurity. I love it!

His interview got me thinking about where I might have insecurities and need to get off my “but!” Where do you feel insecure? Where haven’t you taken your career to where you had hoped it would go? What is the “but” that’s stopping you?

The logical response often has to do with a lack of time. Most people I’ve coached do a poor job of managing their time. In The Effective Executive, management guru Peter Drucker says that time management was the first item he discussed with executives throughout his illustrious career. Is one of your career goals to master the concept of time management? If not, why not? HR That Works Members should take advantage of the Time Management training module.

Often, our greatest “buts” have nothing to do with logic – or we would be accomplishing our goals. Most of our “buts” are emotionally driven nonsense. One of the greatest insights in this area is this: if it doesn’t make sense, don’t try to make sense out of it! For example, if you want to become a more strategic executive, why haven’t you? If time is an issue, why haven’t you mastered time management? Why haven’t you improved your ability to communicate your desires to upper management or your clients? As Sean mentioned in his interview, the worst that could happen is to fail. He said that he’d much rather see his clients fail than sit on the couch. I can tell you that my greatest successes grew out of my greatest failures – resulting either from stupidity or from going for it. This might well be the case for you, as well.

We can tackle these emotional challenges by using three magic words: coax, encourage, and inspire.

When you coax yourself, you take the first safest step. It’s our most natural way of moving forward. Success can only come one step at a time, anyway. If you want to improve your heath, you can put together a six-month total exercise and nutrition plan – but you’ll still have to implement it one step at a time. So, although it might be wonderful to see the “end in mind,” we have to start at the beginning. For example, I might propose to my clients that we do a “drive-by”. Let’s put on our sneakers and drive by the gym! Try that and see how it feels. I’m trying to get past any emotional blockages, and, if it doesn’t feel good, it gives you an emotional “out.” One of my favorite coaxing mechanisms is education. It usually feels pretty safe to learn something. After going through a financial debacle many years ago, I bought every book I could find with the word “millionaire” in the title. This was a safe first step that gave me the confidence to take action.

The second step is to encourage yourself. We do this by feeling good about ourselves and moving that energy to where we need it. This means you have to spend the time finding the good in you. For example, after I was bummed out about hitting the financial floor, my good friend, Loy Young, helped me find the good in myself and move it to where I needed it. She asked me what it took to be the good trial lawyer that I was. I told her it took me three years of study, followed by three years of practice, to get really good. She said it would likely take me three years of study and three years of practice to get really good about managing my money too. She was right!

Where have you done good things in which you can take pride? Maybe it’s how you raised your kids or coached their team, or ran a project, or helped a client. Why were you able to do this? How did it make you feel? What actions did you take? If you take the same energy and bring it over to where you need it, you will become a master of self-encouragement.

Encouragement involves continually finding things for which you’re grateful. Experience tells me that you can never run out of these things.

Finally, we want to inspire a new story. Our stories have been gifts to us from the outside; be it from our parents, siblings, teachers, friends, social networks, TV, or other sources. If we want different results, we have to give ourselves a different story. I had to get myself a different story about money that finally gave me the ability to keep any of it! If you want different results about your money, career, health, relationships, or spirituality, you’ll need a different story about these things.

The stories we tell ourselves will come to fruition – just never when or how we expect it. Unless you have the right story, you’ll produce a life of regret. Don’t do this; tell yourself a great story!

I hear far too many “buts.” There’s a great deal of blame and justification and not enough taking responsibility. Play the responsibility game: coax, encourage and inspire yourself to get off your “but” – and live a life for which you can truly be grateful!

HOW TO ACE YOUR LIFE INSURANCE MEDICAL EXAM

By Life and Health

When you apply for Life insurance, you’ll need to undergo a medical exam that measures your height, weight, and blood pressure, collects blood and urine samples, and checks your general physical condition. The results will become part of your insurance application. Unfavorable results, such as a high blood pressure reading, will probably result in higher rates.

To ensure that your exam is accurate and garners the best possible results, we’d recommend following these guidelines:

  • Stay well-hydrated. Drinking water before the exam can make it easier to draw your blood, which is necessary for obtaining cholesterol readings.
  • Fast for four to eight hours before the exam.
  • Limit salt intake for an hour before the exam.
  • Refrain from physical exercise and alcohol for 12 hours before the exam.
  • Avoid caffeine and nicotine, which can elevate blood pressure. Black coffee is okay up to an hour before the exam, but adding cream and sugar is like going off your fast.
  • Get a good night’s sleep. Being well-rested won’t necessarily affect your exam results, but might ease “white coat anxiety” — the tendency to exhibit elevated blood pressure readings during an exam.
  • Know your medications. Generally you will be asked questions about your medical history during the exam, including whether you’re currently taking any prescription or over-the-counter medications.
  • Test outside menstrual periods. Female applicants should not take the test when they’re menstruating.

Best of luck with your exam!

HEALTH CARE REFORMS: Rx FOR COLLEGE MEDICAL PLANS?

By Life and Health

As the Affordable Coverage Act (ACA) is transforming the nation’s health care system from top to bottom, consumers are raising a wide variety of questions. For example, many college-age students, and their parents, might be wondering how these reforms will impact their need for carrying Health insurance through their schools.

The answer: In most case, Medical policies sold through colleges remain as important as ever. Students need to speak with their parents about what coverage they require, and determine whether they need it through their school as they leave home for the first time or can remain covered through their parents’ plan.

The ACA permits children to remain under the parental Health policy until the age of 26, regardless of whether they’re enrolled in college (full or part time) or wherever they live. College-sponsored plans remain important if a student’s parents are either uninsured or don’t have good Medical coverage. Under the ACA, any student who lacks adequate Health insurance must purchase a plan through the college or university where he or she is enrolled. The intent is to provide affordable health care for the college-age children of the millions of Americans who lack a Medical plan that will cover these young people when they leave the nest.

If you have (or will have) children in college, our agency’s professionals would be happy to provide a complimentary review of their Health insurance needs – and yours. Please feel free to get in touch with us.

HAVE YOU CHECKED YOUR MIB FILE?

By Life and Health

No, we’re not talking about what The Men in Black might have on you. The MIB Group keeps records of every applicant for an individual Life, Health, Critical Illness, Disability, or Long-Term Care policy to some 470 U.S and Canadian participating insurance companies during the past seven years.

MIB (originally the Medical Information Bureau) maintains this database to ensure underwriting standards that curb fraud. For example, if one insurance company rejects an applicant because of a congestive condition and he or she “forgets” to mention this diagnosis when applying to a second company, the person’s report would raise a red flag.

When you apply for coverage, the insurer will have MIB send you a pre-release notice and authorization for release of your report to sign and return, together with your application. Your report does not contain detailed medical records – just codes that identify medical conditions or tests which might affect underwriting your policy. However, MIB specifically prohibits companies from relying solely on the report to make a coverage decision.

You’re entitled to one free report a year – don’t fall for online scams that try to charge you for this information! To receive your copy, call (866) 692-6901 and provide proof of identity (name, address, DOB, Social Security number, etc. If you think information in your file is incorrect, you can send a written dispute to MIB, which will investigate the discrepancy.

MORE BUSINESSES ENCOURAGING EMPLOYEE WELLNESS

By Life and Health

A recent nationwide study found that a growing majority of businesses are providing financial incentives to workers who take part in health improvement and wellness programs. According to the Aon Hewitt 2012 Health Care Survey of more than 2,000 employers, nearly three in five (59%) gave employees cash to promote participation in these programs – that’s nearly twice the 37% rate in 2011. Companies are also encouraging participants to stick with these programs. More than half of the respondents (58%) who offered these rewards also gave workers a bonus for completing the program.

Taking an active role in modifying their lifestyle provides employees with obvious humanitarian benefits. In addition, the businesses that provided these programs saved a healthy $700 a year for every participating employee by reducing the incidence of risky behaviors that worsen chronic conditions – such as diabetes, back pain, obesity, coronary artery disease, high cholesterol and asthma – which account for $.80 of every $1.00 spent on health care. According to Aon, these behaviors include:

  • Unhealthy diet
  • Lack of sleep
  • Poor stress management
  • Physical inactivity
  • Smoking
  • Excessive consumption of alcohol

There’s still room for improvement. To change employee behavior, more companies need to associate rewards with program outcomes, as well as basic enrollment. Even though the vast majority of employers in the survey (more than 80%) offered workers cash payments to complete health questionnaires, only10% used incentives to motivate behavioral change. Providing workers with the results of health questionnaires and biometric screenings will give them a sense of participation and of accountability.

We’d be happy to help you create, and maintain, an employee wellness incentive program that can help your workers live healthier lives – and reduce your Health care costs. Just give us a call.

BUILDING THAT NEW HOME? WHAT ABOUT INSURANCE?

By Personal Perspective

As traffic increasingly approaches gridlock in urban areas, and higher housing costs cause workers to push their homes ever further from work, it’s no surprise that commuting times have lengthened considerably. Longer trips to work mean that more and more car-bound commuters are looking for ways to pass that seat time either productively or pleasantly. Hands-free cell phones, enhanced stereo systems, laptop computers, PDAs, and (hopefully only in the back seat) DVD players and video games are standard equipment in many vehicles.

Have you considered how your Personal Insurance coverage will cover losses to these often-expensive additions?

To determine how much coverage, if any, your Auto or Homeowners policy will provide for these tech “toys,” you’ll need to determine:

  • The value of the device.
  • Whether it’s “built-in” to the vehicle, or powered through an adapter.
  • The value of any media (such as CDs, DVDs, or game cartridges) used with the device.
  • Whether the device is for personal or business use, or both.

Be sure you have the coverage you want before a loss reveals a possible gap in your protection. Contact one of our Personal Insurance professionals today.

SHOULD YOU DROP COLLISION COVERAGE ON YOUR OLD CAR?

By Personal Perspective

If you’re building a new home, congratulations! However, if you don’t insure your new residence during construction, you’re exposing yourself to a huge risk if a fire, theft, or other event damages or destroys your partially-completed home.

You can protect yourself by buying a standard homeowners policy on the new dwelling. This will cover you for any damage to the home as it’s being built, and might also provide some coverage for theft of building supplies (although the building contractor’s insurance should also cover this). The policy includes liability insurance, which would come in handy if one of your friends trips during a “tour” of your dream house and decides to sue you. However, homeowners insurance will not cover your personal property until the building is secure or “lockable.” Once construction reaches this point, you can add coverage for your personal property.

As an alternative, consider a dwelling and fire policy, which covers damage to the physical structure, but provides no theft coverage. This might be an appropriate choice if you’re living in your old house during construction, because the homeowners policy on this dwelling would cover theft of items from the construction site. Dwelling and fire insurance also provides liability coverage.

Once your new home is complete, it makes sense to re-evaluate your coverage. If you chose dwelling and fire coverage, you might want to replace it with a homeowners policy. If you have a standard homeowners policy, make sure that you have insured the home to its full value, especially if you have altered the original building plans (for example, by adding a room or upgrading building supplies).

If you have any questions about protecting your new home while it’s being built, just give our insurance professionals a call. We’re always here for you.

IDENTITY THEFT: IT’S A JUNGLE OUT THERE

By Personal Perspective

Despite the explosive growth of online identity theft, the great majority of personal information is stolen or lost in other ways, according to one recent study.

A nationwide survey of claims data by Travelers insurance company found that nearly three in four cases of identity fraud (73%) did not involve cyber-crime. According to Travelers, such stolen or misplaced items as wallets and pocketbooks were the most common known causes of these claims. The theft of drivers licenses, Social Security cards, or other forms of personal identification ranked second. Burglaries ranked third, followed by cyber breaches, including Internet scams and old-fashioned forgeries.

To protect yourself against all varieties of identity theft, experts recommend these guidelines:

  • Check your monthly financial statements to detect any suspicious activity (in case you find any discrepancy, contact the financial institution immediately).
  • Carry only essential credit cards
  • Keep critical documents in a secure place
  • Avoid scams by not disclosing personal information if you receive an unsolicited request
  • Shred old bills and financial statements
  • Store purses and wallets in a safe place
  • Never print account information on an outgoing mail envelope
  • Be careful about sharing personal information on social media
  • Ask for a free report annually from the national credit reporting agencies.

You might also consider purchasing Identity theft insurance. Many policies provide coverage for lost or stolen funds; long distance calls to resolve, report, or discuss the fraud; the cost of notarizing fraud affidavits, certified mail, or other documents needed to restore compromised credit; loan re-application fees due to incorrect credit information; and attorney fees (if pre-approved).

For more information, please get in touch with our agency.

SPLITTING UP? KIDS, CUSTODY AND INSURANCE

By Personal Perspective

Divorce is a fact of life.

If you should find yourself needing to divvy up assets and liabilities during a divorce settlement, you’ll have to consider insurance coverage for your kids.

Determining how to deal with your teen’s auto insurance can create problems because there’s no set formula. The decision should be something that’s negotiated between both parents. If Mom has sole custody, the teen driver should be on her policy. However, if Mom and Dad share custody, both should include the teen under their coverage.

The premium you pay for your teen’s auto insurance will depend on where you live. When setting rates, insurance companies look at the claims history in the locale where the car is garaged. Premiums vary from city to city, and even among ZIP codes in the same city. So, if you’re moving from a rural to an urban area or from a low-crime neighborhood in a city to one where there are more vehicle thefts and auto burglaries, your premiums will increase.

Homeowner insurance is linked to ownership of the property and who is listed on the mortgage. If the home is in both parents’ names, coverage would also be under both names. In this case, you should have a written agreement dividing responsibly for mortgage and insurance payments.

If you move from the family home into an apartment, you’ll need renters insurance to cover your belongings, as well as your children’s personal items and additional liability protection – even if you’re still named on the homeowners policy.

To receive expert advice from our agency’s personal lines specialists during this difficult period, free of charge, please feel free to give us a call.