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Higginbotham is an independent insurance brokerage firm founded in 1948 in Fort Worth, Texas. It offers insurance, financial and HR services to businesses and individuals in 16 states and has acquired over 20 agencies since 2007.
Employee benefits are non-wage compensation provided to employees in addition to their normal wages or salaries. They can be mandated by regulation or discretionary, and include housing, insurance, retirement, tuition, leave, and other benefits.
An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. Learn how insurance brokers are licensed, regulated, and distinguished from agents in different countries, such as Australia, Canada, the UK, and the US.
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. HR department performs human resource management, overseeing various aspects of employment, such as hiring, evaluating, compensating, and developing employees.
Learn about the sub-discipline of human resources that deals with employee compensation and benefits policy-making. Find out the basic components, types, and theories of compensation and benefits, as well as their impact on employee satisfaction and organisational justice.
Lockton is a private company that provides insurance, risk management, and employee benefits services worldwide. Founded in 1966 by Jack Lockton, it is the world's largest privately held insurance brokerage firm with more than 130 offices and $3.1 billion in revenue.
Competition exists between exclusive agents and independent agents. Exclusive agents, who are salaried employees of the insurance company, write a majority of the personal lines business. [8] However, because of the complexities involved in commercial risks, independent agents capture approximately 80 percent of the commercial lines market. [9]
Employment is a relationship between two parties regulating the provision of paid labour services. Learn about the different types of employment, such as employee, independent contractor, and employer, and the legal, economic, and social aspects of employment.
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