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In the world of finance and risk management, surety bonds and letters of credit (LOCs) are two essential tools that serve to protect parties involved in contractual agreements. While both mechanisms provide a form of financial assurance relating to your performance obligations they operate differently and are suited for ...

In the fast-paced and often hazardous environment of the construction industry, ensuring the health and safety of workers is paramount. One effective way to enhance workplace safety and streamline incident management is through the implementation of a nurse triage program. This program provides immediate access to a registered nurse ...

Resident transfers are a routine part of care in senior living facilities, yet they carry inherent risks. Improper transfers can lead to serious injuries, including head trauma, broken bones, and even more severe consequences like spinal injuries. In fact, failed transfers are among the leading causes of lawsuits in ...

Many HR leaders are cautiously optimistic about how AI will help streamline their hiring, recruitment, and interviewing processes. Currently, one in four organizations are already integrating AI into their HR departments, which can assist in performance management, employee engagement, and workforce planning. AI also can empower HR leaders by ...

Due diligence is a critical part of mergers and acquisitions (M&A) for staffing firms. It helps identify potential risks, assess value, and ensure a smooth transition. Here are the key areas staffing firms should focus on during the due diligence process: Financial: Analyze revenue, EBITDA, accounts receivable, and payroll ...

Convective storms are when warm, moist air rises and cools, leading to severe weather conditions such as heavy rain, hail, and tornadoes. These storms pose significant risks to properties and can have devastating financial implications for property owners. According to a recent Swiss Re report, in 2024 natural catastrophes ...

Staffing agencies are unique in many ways, and property insurance is often overlooked as a core insurance coverage. While your central business operates from an office, your workforce is frequently mobile and may be placed in higher-risk industries. Below are key property considerations for your exposure(s) as a temp ...

In today’s competitive business environment, many companies are turning to Professional Employer Organizations (PEOs) for essential human resources (HR) solutions, including employee benefits, payroll processing, regulatory compliance, and risk management. However, choosing the right PEO is not a one-size-fits-all decision. This is where niche-focused brokers come into play, offering ...

Are you noticing an increase in vehicle or driver fitness violations? Commercial drivers are responsible for conducting thorough pre-trip inspections and maintain their vehicles and credentials. However, drivers face tight deadlines and challenging environments, which can sometimes lead to safety being overlooked. One effective solution is the implementation of ...

A great workplace culture is the foundation of any successful credit union. While mission-driven values and community engagement play a significant role, employee benefits are equally crucial in shaping workplace culture. Offering competitive benefits not only helps attract and retain top talent it also fosters a motivated, engaged workforce ...

Discover how meeting the diverse needs of today's multigenerational workforce and embracing AI can help HR leaders attract and retain top talent.