Power of Two: Employee Benefits as a business growth strategy

Power of Two: Employee Benefits as a business growth strategy

By Arrow advisors Rosario Avila & Andrew McNeil, North Bay Business Journal Columnists

By treating benefits as a selling point companies can maximize their return on investment.

Benefits are often viewed as a necessary expense; an HR function aimed at compliance. But forward-thinking business leaders know that they are more than just a major cost center; they understand that they are a strategic tool that can drive business growth, improve employee satisfaction, and enhance the bottom line.

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North Bay Business Journal – April 2025

EBN Benefits Think: Power juggling the roles of broker by day, dad by night

By Andrew McNeil, Senior Benefits Consultant

How being a parent improved one broker’s time-management skills and gave him a deeper understanding of the work-life challenges many face, “When I started in this industry, my biggest concern was mastering the insurance industry…fast forward to 2025 and any professional challenge I now face is intertwined with the joys and demands of raising three enthusiastic kids.

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Employee Benefit News – March 2025

The Power of Two: A new perspective on retaining key employees

The Power of Two: A new perspective on retaining key employees

By Arrow advisors Rosario Avila & Andrew McNeil, North Bay Business Journal Columnists

Do you have a star player on your team? Remember, championships aren’t won by a single player. Losing key employees is costly and disruptive, but is avoidable…in sports, championships aren’t won by just one player, they are won by a well-balanced team. The same holds true in business. No matter how talented an individual contributor may be, a company’s success depends on a cohesive team, where key players feel valued and engaged.

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North Bay Business Journal – March 2025

Top 10 employee benefits priorities for 2025

Top 10 employee benefits priorities for 2025

By Arrow advisors Rosario Avila & Andrew McNeil, North Bay Business Journal Columnists

The top 10 priorities employers should focus on in 2025 to support their workforce. When it comes to benefits, employers should implement technology platforms that allow employees to customize their benefits packages based on their stage in life as well as their personal needs.

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Photo credit: (Deemerwha/Shutterstock)

North Bay Business Journal – January 2025

Why the benefits user experience matters most

Why the benefits user experience matters most

By Arrow advisors Rosario Avila & Andrew McNeil, North Bay Business Journal Columnists

When it comes to benefits, if employees feel that cost-cutting comes at the expense of their well-being, then it may be time to revise your benefits package. Savings on employee benefits is one thing, but If a cost-saving tool requires multiple steps, complex logins, or difficult-to-understand processes, employees won’t use it.

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North Bay Business Journal – February 2025

How to Keep Your Best Employees

How to Keep Your Best Employees

By Arrow advisors Rosario Avila & Andrew McNeil, North Bay Business Journal Columnists

The resignation letter lands on your desk from someone you least expected — one of your top performers. As you read their diplomatic words about “pursuing other opportunities,” you wonder if this could this have been prevented. The answer, often, is yes.

Leadership development, competitive compensation, and recognition programs can foster engagement and loyalty within the workforce.

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North Bay Business Journal – December 2024

EBN Benefits Think: The double-edged sword of working for a family operation

By Mariah Shields, Senior Benefits Consultant

Senior Benefits Consultant Mariah Shields talks opportunities and challenges associated with being the boss’s daughter and striking the right work-life balance. I will always be seen as the boss’s daughter, regardless of my achievements. On the other hand, I’ve been gifted an unrelenting and unwavering mentor. It’s a distinctive blend of inspiration and disintegration of work-life-balance that keeps things interesting.

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Employee Benefit News – November 2024

The Power of Two: Understanding Your Hispanic Workforce

The Power of Two: Understanding Your Hispanic Workforce

By Arrow advisors Rosario Avila & Andrew McNeil, North Bay Business Journal Columnists

We just celebrated National Hispanic Heritage Month, the perfect time to focus on understanding this rising — yet often underserved — segment of U.S. workers. By 2050, one-third of U.S. residents will be Spanish speakers – well-informed employers will build a work environment that values and honors this component of the labor force.

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North Bay Business Journal – October 2024

Benefits Think – Cultural understanding unlocks engagement of Hispanic workforces

By Rosario Avila

Our nation ranks as one of the largest Spanish-speaking countries in the world. By 2050, one-third of U.S. residents will be Spanish speakers, and all this rapid growth is reflected in the workforce.

Benefit advisers realize that Hispanic and Latino employees represent an important segment across their book of business. As this population continues to grow, the demographic shift demands a more tailored and inclusive approach to employee benefits — one that recognizes and addresses the unique challenges faced by Hispanic workers.

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Employee Benefit News – September 2024

The Power of Two: Breaking down rising health care costs and options

The Power of Two: Breaking down rising health care costs and options

By Arrow advisors Rosario Avila & Andrew McNeil, North Bay Business Journal Columnists

As health care costs rise, organizations must remain vigilant in evaluating their options and adapting benefits program strategies.

Two popular options are fully-insured and self-insured plans. However, with double digit increases driving costs sky high, another option is gaining more interest: captive insurance arrangements. Each operates on fundamentally different principles — understanding each is crucial to optimize a long-term benefits strategy.

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Photo credit: (Chompoo Suriyo / Shutterstock)

North Bay Business Journal – August 2024