Safeguard Business Risk | The Great Resignation Resource Center

Amid talk of rising inflation, “quiet quitting,” and skyrocketing health care costs, the Great Resignation seems to have fallen off the radar. However, it is not over. In fact, executives have joined the Great Resignation in droves, prompting employers to seek creative ways to hold on to high-level talent. One solution involves enhancing your executive benefits program. In this episode of BIZTips, we spoke with Anne Long, President, CBIZ Life Insurance Solutions, about the importance of executive benefits and the must-have executive perks employers should be offering in 2023.

While health care costs may be increasing slowly now, it’s highly likely that the pace will begin to pick up over the next few years. With inflation hitting record highs, it’s only a matter of time before benefits costs catch up. Insurance providers and carriers will feel the effects of inflation on health care first, but employers will be next in line to incur skyrocketing expenses.

Labor shortages have become an increasing concern across all industry lines.

Historically stable, worker’s comp costs are rising. Here are ways your business can keep costs down as claims and expenses rise.