Category Archives: Employee Benefits

Why You Should NOT Market your Benefit Plan

Many business owners make a point of reviewing their employee benefits plan every couple years or so. This involves engaging brokers and consultants and pitting them against each other to see who presents the best options from other insurers. This is normally done in an attempt to reduce costs, but in the end it can…
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Group Retirement Education

Financial Literacy and Group Retirement Education for your Employees Studies have consistently shown that over 55% of the Canadian workforce is stressed about money. Over 40% of Canadians say that money stress affects their productivity at work. Which makes sense when you consider that 42% of Canadians lack basic financial literacy. High school graduates in…
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Why you need to Outsource your Group Benefits Administration

Outsource Your Group Benefits Administration Managing employee benefits is a difficult task with the ever changing landscape of group benefits. Delivering competitive and cost effective benefits to your employees is a key requirement to any business that wants to attract and retain top talent. However, administrating a group benefits plan is time consuming and confusing,…
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Integrating Benefits, HR and Payroll in One Cloud Based Solution

The sophistication and intuitiveness of technology today is amazing, however, it wasn’t that long ago that carbon paper was the leading edge of information sharing technology. It was a big time saver and changed the way we share information, just as software has changed the way we operate our businesses (and lives) today. Integrating benefits,…
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Why You Need a Lifestyle Spending Account

A Taxable Spending Account (TSA), also referred to as a lifestyle spending account, is an effective solution for enhancing your core group benefit plan. A TSA functions as a personal health and wellness account for plan members, serving to attract top talent by offering coverage for services not normally covered under a standard group benefits…
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Understanding Employee Benefits Technology

Keeping up with technology has become a necessary component of growth in any industry. The same applies to employee benefits technology. New tools, devices and online platforms make it much easier to administrate an employee benefits plan, compared to the recent past. For the younger generations who are constantly online and using mobile devices, implementing…
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Synchronize your Corporate Culture and Employee Benefits Strategy

Your corporate culture and employee benefits strategy should align to reinforce your core values and business objectives. Many business owners view their employee benefits plan solely as a means to attract and retain top talent. While this is true, the structure and content of a benefits plan can be designed to reflect a company’s corporate…
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Paramedical Services – Are they Valuable?

Paramedical services are generally defined as services provided by professionals not in the public health system, i.e. not a doctor. These services include chiropractic services, physiotherapy, massage therapy, naturopathy, acupuncture, etc. Paramedical services such as these require a certified professional to perform the service, then provide an insurance receipt for reimbursement from an employee’s group…
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Vancouver Employee Benefit Plans

Vancouver Employee Benefit Plans What makes Vancouver employee benefit plans so important to your company’s bottom line? Rarely do we stop to wrap our minds around the tremendous impacts on productivity and the bottom line caused by a valuable team member being forced to miss multiple days at the office. Lost days are often due…
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Group Retirement Benefit Plans – Why You should Offer Them

As a follow up to our previous article on Group Benefits, we wanted to dive into the wonderful world of group retirement benefit plans. Any quality benefits package will include a comprehensive retirement plan as well, however many business owners in British Columbia, Alberta and Saskatchewan still do not have a decent group retirement option.…
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