Annuities: What Are They and How Do They Work?

| posted in Blog

An annuity is a contract with an insurance company. The insurer promises to provide a certain stream of income – which could start immediately or at some point in the future – in return for your contributions, or premium. If the stream of income begins immediately, the product is called an immediate annuity. If the income stream is to commence at some point in the future, the contract is called a deferred annuity. Annuities vs. mutual funds Because annuities are contracts, they are very different products from mutual funds, which are simply baskets of securities run by a professional money…
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CoreMark dishes out awards for client services at its annual “EGPP” celebration!

| posted in Blog, Newsletter

Last month CoreMark had its annual “EGPP” celebration! “EGPP” refers to our service mantra and our commitment in delivering “Excellence, Value and Trust” to our valued clients. This occasion allows us to celebrate the accomplishments of our team’s #1 priority: meeting and beating our client service performance goals. Each year, the CoreMark owners review the prior year’s accomplishments, milestones, and goals as well as present profit-sharing checks to the our service team, only if we meet our client service goals, and based on individual performance metrics. Our EGPP celebration is a fun and creative way to keep everyone focused on the…
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Fall Protection Training Makes Debut on OSHA’s Top 10 Citations List

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There’s a newcomer to OSHA’s top 10 list of violations that it cites every year: Fall Protection – Training Requirements. While physical fall protection violations, like failing to install guard-rails or provide fall protection equipment, continue to feature at the top of the list, this is the first time that training requirements as a stand-alone category has made it onto OSHA’s preliminary list of most-cited violations has featured. The fact that OSHA has doled out so many citations for such training-requirement violations reflects its increasing commitment to reduce injuries and deaths from trips, slips and falls – the most common…
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’Surf-by’ ADA Lawsuits Could be Next Legal Trap for Businesses

| posted in Blog, Newsletter

No doubt you’ve heard of the “drive-by” Americans with Disabilities Act lawsuits that are filed by plaintiffs who see ADA violations at businesses (like entrances that are inaccessible by wheelchair) just by driving by the location. Now, recent court decisions could pave the way for a new class of ADA claims where disabled individuals have trouble navigating a company’s website – call them “surf-by” claims. Courts recently ruled in favor of plaintiffs who have sued retailers – in two separate lawsuits – claiming violations of Title III of the ADA by having websites that could not be used by disabled…
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As Competition for Talent Increases, More Employers Offer Benefits

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As competition for talent heats up, more companies are not only offering higher salaries, but also boosting their employee benefit offerings, according to a new study. Nearly 33% of organizations surveyed said they had increased their overall benefits in the last 12 months, a Society for Human Resource Management (SHRM) study found recently. The majority of benefits increases were in health insurance and wellness programs. On the flipside, only 6% of firms said they had reduced benefits, mostly citing the need to remain financially stable, whether it was due to increasing costs of benefits, economic factors or poor organizational performance….
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