Many small business owners are under the mistaken impression that their business insurance policies will cover them for damages arising from floods. This is not correct. Just like residential flood insurance, commercial flood coverage must be purchased separately, in a dedicated policy.

Workplace wellness programs are benefits that employers offer voluntarily or mandatorily to their employees to promote wellness and fitness. Employees benefit from these programs that encourage employees to quit their unhealthy habits such as drinking and smoking and take up exercise.

Employees care about benefits, and the package you offer can make the difference between maintaining a top-notch staff and losing your best workers to the competition. While federal law mandates some perks, including time off to vote and serve jury duty, others are purely voluntary offerings intended to improve the health, happiness and productivity of your workforce.

As the economy improves and labor markets begin to pick up the pace of hiring, workers around the world are beginning to seek out new job opportunities. According to research conducted by HayGroup, a global management-consulting firm, worldwide employee turnover will reach 23.4 percent by 2018. The firm predicts more than 161 million employees are already preparing to leave their employers.

As anyone with more than a handful of employees knows, enrollment and management of employee benefits is a frequently tedious, time consuming process. Between the constant fight to remain in compliance with HIPAA and other federal and state laws, open-enrollment periods that can keep HR professionals tied up for weeks at a time, and the usual demands of hires, fires and COBRA issues, you have a major man-hours project on your hands.