More often than most people realize, employees steal from their companies. Employee theft can add up to hundreds of thousands of dollars each year. Not just monies are stolen. Thefts can include supplies, inventory and even company time. And, it’s not just limited to theft at the company’s office or job site. Thefts can occur when employees are on site at a customer’s home or business. Is there a product that can offer protection to cover employee dishonesty and theft? The answer is … [Read more...]
What is an ERISA bond?
The Employee Retirement Income Security Act of 1974, or ERISA, protects the assets of millions of Americans so that funds placed in retirement plans during their working lives will be there when they retire. ERISA is a federal law that sets minimum standards for pension plans in private industry. ERISA does not require any employer to establish a pension plan. It only requires that those who establish plans must meet certain minimum standards. The law generally does not specify how much … [Read more...]