Employee benefits are often defined as compensation paid by an employer to an employee over and above regular salary and wages. Employee benefits come in many shapes and sizes and are an integral part of an overall compensation package offered to employees. Employee benefits are essential in keeping current employees happy and loyal and have…
Read MoreTopic: Professional practice
Professional Liability Insurance: 2022 Trends
The AIA Trust together with the American Council of Engineering Companies (ACEC) and the National Society for Professional Engineers (NSPE) work annually to conduct an insurance carrier review and interview of professional liability trends and risk management issues. Following is a summary of highlights for 2022 in addition to complimentary useful resources made available to…
Read MoreProviding Pro Bono Services
Whether or not professional services are provided for a fee or on a complimentary basis, the professional liability risks are the same. Professional liability insurance coverage is also the same, even though no premium is calculated on the value of the free services provided. The general rule is that a professional performing voluntary services must…
Read MoreThe Effect of Economic Conditions on Insurance Rates
In today’s environment, when material prices are unpredictable, inflation is rising, claims are increasing, and disputes take much longer to resolve, that prediction of the cost of future claims becomes more uncertain. Learn how construction-related professional service firms may face certain future exposures, and how insurers must anticipate and prepare for losses from those exposures.
Read MoreBenefits in mind for 2023? Meet Kasa.
Providing employee health benefits doesn’t have to be unattainable. Kasa offers employee benefits solutions for just about every budget out there. Meet Kasa and register for their upcoming webinar.
Read MoreCopyright: Do you know?
Few put copyright at the top of their list of must-haves in contract negotiations. Fewer register documents for copyright protection. Copyright protections under current law exist for you and Practice Coach explains more:
Read MoreConnecting the Dots: Business Risks and Climate Change
The relationship between business and climate change involves both risks and opportunities. Three risks, in particular, deserve close consideration as each of them highlights future business opportunities.
Read MoreWhat’s Next
We’re all trying to figure out what’s next. Whether you’re considering a career move, an investment, or a retirement plan, it’s important to identify alternatives and their potential results – and plan ahead. If you want to make a change – whether it’s heading to the door for a well-deserved retirement or advancing your career…
Read MoreInfrastructure Opportunity Knocks for Architecture Firms
The opportunity created by the federal stimulus packages passed since 2020 is undeniable, but the capacity to optimize this truly historic moment remains unclear. Firms can now find substantial opportunity in the Infrastructure Investment and Jobs Act of November 2021 – and business opportunities for those in the design and construction markets are enormous.
Read MoreA’22 Roundtable: Practice Innovation
The AIA Center for Practice is hosting a firm roundtable discussion at the AIA Conference in Chicago, Rising Strategies for Practice Innovation, building on sessions held at A’18 and A’19. This extended Friday afternoon session will include presentations, facilitated roundtable discussions, and resources for practice innovation.
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