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Oasis Outsourcing, the nation's largest privately held professional Employer Organization (PEO), provides clients with Human Resource Services, Payroll Administration, Employee Benefits Administration and Risk Management Services. Oasis is a nationwide PEO with clients in all 50 states and many different industries. Oasis tailors its HR solutions to address specific challenges within a number of industries. To learn more, please click below.
No manager likes to deliver negative feedback to their employees and no employee likes to be told they are performing below expectations. However, such feedback is fundamental to performance management and is essential for operating a successful business. After all, how can an employee change their behavior if they don’t know they are doing something wrong?
Understanding the implications of the new Healthcare Reform legislation will be critical in developing a successful strategic plan for providing medical benefits to employees. Historically, employers have taken a short-term strategic view to providing healthcare benefits. However, the long-term implications of Healthcare Reform will now require an extended view as decisions made now will have a definite impact on medical costs and on your employees’ overall benefits package down the road.
This old adage reminds us that it’s always better to take reasonable precautions to prevent a crisis, versus having to spend a lot of time and effort fixing the problems created after it has occurred. Prevention is the proactive side of insurance that is often neglected and sometimes even forgotten. We can easily become so involved with “the cure (insurance premiums, rates, claims and coverage), that we forget the very important loss prevention strategies that are so beneficial. Insurance is absolutely necessary, and in some cases statutorily required; however, the preventative measures can be easily achieved and help to reduce risk and ultimately costs for our businesses.