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What’s the Difference Between an Employee Benefits Broker, Consultant and Advisor?

Jeff Griffin

Crafting an employee benefits program for your workforce can be a daunting task, not to mention a great deal of work that often falls outside an employer’s area of expertise. After all, we don’t meet many small to midsize business owners who cherish having to become experts in human resources and employee benefits.

This is precisely why most companies (even and especially large ones), lean on outside resources and subject matter experts for assistance with their employee benefits program.  

While some very small businesses bundle the procurement of benefits with their payroll provider or property/casualty broker (a practice we’d strongly recommend against - and a topic for a future blog post) most businesses elicit the assistance of a professionally licensed and trained employee benefits expert. 

There’s only one problem: most HR professionals are confused as to whether they need an employee benefits broker, an employee benefits consultant, or an employee benefits advisor. Many are also unclear of the difference between these professionals - and many wrongly assume it’s just merely semantics.

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Topics: Administration, Strategy, Corporate Communication, Account Management, Human Resources

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Some of Our Favorite Resources For HR Professionals

David Rook

HR professionals know the value of staying connected and informed better than almost anyone else in the workplace.

Often asked to stretch resources and "make do" with limited budgets, HR professionals have learned to survive by being resourceful and self-sufficient.

Life-long learners at heart, those who work in the field of human resources often tap into the wide range of information resources now available at their fingertips, thanks to the internet. 

As follow-up to a blog post we published last year, "Best Twitter Hashtags for HR Directors to Follow", here are some of our favorite resources beyond Twitter, spanning associations, books, podcasts and blogs.

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Topics: Education, Employee Retention, Strategy, Culture, Training, Human Resources

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