4 years ago ·
by Shawna Kreis ·
Comments Off on Employee Advocacy: Strategies to boost employee participation
It is no secret that your employees are you most valuable asset, but do they know that? As the lines between professional and personal life become even blurrier with each passing day — thanks in large part to social media — it is crucial to your business’s success to harness the power and knowledge of your happy employees. Here are some ideas to get them more involved in the process.
1. Encourage your employees to own your company. Employees who feel like they are part of the success of a business are more likely to engage in positive social media interactions about that company. Position your employees as thought leaders within your business as well as the industry.
2. Trust your employees. When you use your employees to engage on social media platforms about your business, you are handing over a certain amount of trust to them. While that can be difficult to do — and, yes, sometimes it does backfire — because they are your employees, encouraging them to be advocates for your brand brings an increase in respectability as well as trust from those who are reading their postings.
3. Allow employees to have free reign. When people post about a company, it has a different feel than when the owners do so. There is a more intimate feeling involved when one of your employees posts to their friend’s timeline, for example, about how her employer — your business — offers the exact services he finds himself in need of. This casual and friendly interaction helps your business name and brand reach a larger audience, a methodology that has proven to increase sales and profits.
You’ve went all year waiting to file your taxes, but now that it’s time, you can’t remember where you stashed all those receipts you need to provide proof for your fuel expenses. If this sounds like you, there’s no need to fret. Simply keep these last minute income tax filing tips in mind and you’ll not only lessen your stress, but you can also save money on your taxes.
Gather the documents you need
If you’re self-employed, you’ll need 1099s from your clients. However, even if you don’t get one, you can still report the income. Simply tell your tax accountant how much your total income was and he can figure your taxes for you. If you’re not self-employed, make sure to bring all of your W2s with you to your tax appointment. Other important documents to bring include:
- Out of pocket medical expenses paid
- Job-related expenses
- Failure to pay documentation (where clients failed to pay you for the services you provided)
- Savings and retirement account information
Don’t forget student loan expenses
Did you pay interest on a student loan? If so, you need to let your tax accountant know how much interest was paid. This amount in itself can bring forth huge tax savings.
Want your tax refund fast? If so, take comfort in knowing that 90 percent of tax filers are going to receive their refunds within 21 days after filing as long as they e-file. This means if you want your tax refund fast, you need to e-file, too. All this requires is that you allow the government to deposit your refund into your checking or savings account automatically. Its as simple as that.
Most people are always on the lookout for ways to save money. You might think that items that are mandatory, such as auto insurance, do not offer you many options to do so. However, you could be overlooking a quick and easy way of saving money each year on your insurance premiums simply by not accurately reporting your annual mileage.
Low Mileage = Discount
Insurance companies look at the risk you bring to the table when they determine the rate you pay. The lower your risk, the lower your premiums. If you drive fewer miles than their benchmark figure, you will likely get a discount. While the actual mileage varies with each insurance provider, most use a figure between 7,500 and 15,000 miles annually.
Annual Mileage Reporting
There are a few life circumstances that make it more likely that you are driving under the cap of annual miles set by your insurance company. Adding a second car that is only used for errands is one such example. Retirees who no longer commute to work each day could be eligible for a discount. If you work at home, your annual mileage figures could be reduced enough to allow your annual mileage to fall under the cap. Seniors that do not drive often are another segment of the population that could qualify.
Taking Advantage of the Discount
Depending on your insurance company, you could receive a survey in the mail about your driving habits. Filling this out and returning it to your insurance company gives them the tools they need to they can determine if you are eligible for the discount. Alternatively, you could also contact your insurance company and ask them if you qualify for the low-mileage discount.
With the new year comes the tendency to make resolutions that are designed to help a person address what they perceive to be as their own shortcomings. While resolutions such as “exercise more” and “lose weight” are often at the top of the list, these types of resolutions often fall by the wayside all too soon after the first of the year. The following insurance resolutions for the new year are simple to implement and can have long lasting effects.
1. Purchase Life Insurance
This is a resolution that should be on everyone’s list but it does not always seem to make it to fruition. Make 2015 the year you talk to your insurance agent and find the ideal life insurance plan for your circumstances and your budget. You’ll rest easier at night knowing that your loved ones are taken care of and your assets are protected.
2. Take a Fresh Look at Your Homeowners Insurance
Did you or a member of your family receive an expensive gift this holiday season? If so, you might want to take a look at the deductibles that you previously chose for your homeowners insurance. While a high deductible often looks attractive because it can make your payments lower, if it is too high it can be difficult to replace items that are covered unless you dip into savings or other monetary reserves.
3. Does it Make Sense to Bundle?
If you have insurance with more than one company, you could be missing out on significant savings. Most insurance companies have a bundle plan that allows you to save money if you have more than one policy with them. Much like car insurance policies that give you a multi-car discount, bundling your insurances with one company can often allow you to enjoy savings on your policies.
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.
The leaves are changing colors and Starbuck’s famous Pumpkin Spice Latte has made its official appearance for the fall season. Everyone is getting ready for fall, so should you.
A major stipulation of your homeowner’s insurance policy is maintenance of your home. It is not uncommon for carriers to deny payment of a claim for any damage to your home, if it has been found that your home has not received the proper maintenance. Here at Scurich Insurance Services, we don’t want to see that happen, so here is your fall checklist of home improvements.
- Grab a ladder and clean out the gutters. Yes, those fall leaves are pretty but if your gutters are clogged with them, any rain or snow could create a bigger problem in the future.
- Get your caulk gun out and start sealing up all the cracks you see around the windows and doors.
- Winterize your pipes. This is the perfect time to do it, before it gets too cold.
- Repair your drive before the winter comes. This is actually a better spring project, but if you didn’t get around to doing it before now, do it now.
- Call the chimney guy. Fall means the start of colder weather. You need to make sure your chimney is clean before lighting your first fire.
- Replace or clean your furnace filters.
For more information about your homeowner’s policy, contact Scurich Insurance Services today.
Content provided by Transformer Marketing.