As the coronavirus (COVID-19) outbreak evolves, businesses face growing uncertainty as to how this pandemic will affect their operations long term. This is especially true when you consider that many organizations—including bars, restaurants, entertainment venues, retailers and manufacturers—have had to close their doors or cease operations as a result of COVID-19.
A recent article on Weather.com shows how warmer temperatures in springtime increase risk for spring flooding. This time last year, massive flooding triggered in the middle of the country lingered for months, causing extensive damage to homes and businesses.
Keeping tabs on competitors and industry trends is a key strategy for business success. Applying this principle to benefits offerings – both company-paid and voluntary – provides a calculated way to attract talent, increase employee loyalty, and, ultimately, provide value to employees.
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