All architects share the need for proper financial and retirement saving planning. For women architects, creating a sound financial and retirement plan is even more essential since issues like increased life expectancy, unforeseen changes in family structure, caring for aging parents, and the likelihood of outliving your spouse all present significant challenges for many female […]
Employee Benefits Articles
We are pleased to announce that GEICO is now part of the special AIA member benefit offerings offered to you by the AIA Trust for members and component staff of the American Institute of Architects.
The new Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that was just made into law may provide economic assistance for architects who are self-employed.
Financial wellness is one of the top trends in employee benefits right now because it has a good return on investment. When done right, it benefits both the employees of small businesses and their employers.
Small firms are the most vulnerable to crises, disasters, and lawsuits. In fact, according to the US Chamber Institute for Legal Reform, more than 40 percent of small businesses were either involved in or threatened with a lawsuit due to A) administrative oversights or errors, B) undelivered services or C) poor quality of service, much […]
A Professional Employer Organization, or PEO, is a business model that helps small to mid-sized businesses manage the everyday HR needs that smaller businesses struggle to handle alone, such as paying employees, filing payroll taxes, providing health insurance (and other benefits), getting workers’ compensation coverage, developing employee policies, managing employee issues, and more.
Do good relationships drive success? Architects have many tools available as practitioners, but often cannot hear each other. How can we learn to truly and honestly exchange ideas and information with others?
If you’ve worked hard, been successful and gained the trust of your superiors, you may at some point in your career receive an invitation to become a principal in your firm. While it may seem like evidence of your overall success, there are upsides and downsides to an ownership role and you should thoroughly understand […]
Until you are left reeling from the untimely death of a loved one, you may not fully understand or appreciate the importance of life insurance and the critical role it can play during that difficult time. Your children, spouse or significant other, parents or other family members, are the ones whose futures you want to […]
If you’re invited to become a principal in your firm, do you know what that requires? A recent study on internal ownership transition sheds light on how architecture firms are handling the ownership succession process when founding principals near the end of their tenure. If you’re tapped to become a principal in your firm, this […]