Category Archives: Group Retirement

How can Your Business be Competitive in Alberta’s Job Market?

As of November 2017, Alberta’s economy was on pace to grow by 6.7 percent, which is better than any province in Canada. Since Alberta has surged out of the recession with rising oil production, quality employees will be at a premium. So how can your business be competitive in Alberta’s job market? It is probably…
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Tax Advantages of Employee Benefit Plans for Your Fiscal Year-End

Employee benefit programs are designed to attract and retain top talent to your company. Having the right incentives will boost employee job satisfaction and retention. When you consider the cost of recruiting and training employees, you realize how much money a long-term productive employee saves you. Compared to an employee who might leave after a…
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Tax-Efficient Employee Compensation – How DPSP’s help Your Small Business

Incentive compensation has long been used to recruit and retain talent while staying competitive in the market place. There are several different options available, it is important to consider which option will help achieve your business goals. For this article we want to focus on tax-efficient employee compensation – how DPSP’s help your small business.…
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Advantages of Group RRSPs for your Business

There are many advantages of group RRSPs for your business. As a follow up to our recent article on Deferred Profit Sharing Plans (DPSPs), we want to discuss the power of group retirement plans to give you the competitive edge in the job market. Whereas DPSPs only allow contributions from the employer, group RRSPs allow…
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How can Your Business be Competitive in BC’s Job Market?

How can your business be competitive in BC’s job market? It is probably a question you have asked yourself while reading about the newest tech start up that features a plethora of incentives to entice young Millennials. You have likely heard about the nap rooms, fully stocked bars, basketball courts, endless vacations, etc. But realistically,…
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How to get Millennials Excited about Group Retirement Plans

Millennials (also known as Generation Y) are the demographic following Generation X. Although the exact time period is up for debate, most researchers use the period between 1980 and early 2000’s when referring to Millennials. Getting Millennials excited about group retirement plans may seem impossible given retirement is a distant problem, making it easy to…
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Fraser Valley Group Retirement Services Set Your Business Apart

Fraser Valley group retirement services can set your business apart from the competition, attract top talent and result in overall job satisfaction for your employees. Until computers and robots replace us all, your employees will remain your greatest asset. Your employees are the face of your company and represent your vision with every customer interaction.…
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Top Group Retirement Package Myths for Small Business Owners

Small business owner’s account for 45% of Canada’s GDP and continue to be a leading source of economic growth in this country. Despite the massive impact they have in their communities and national economy, many small businesses are without an employer-sponsored group retirement package. Canada’s economy depends on small businesses as they are a major…
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How to Build a Competitive Corporate Benefits Package

Successful business owners are often judged on their profitability, sustainability and new products they bring to the marketplace. Another key factor is the health, wellness and overall satisfaction of their employees. Employee happiness is affected by salary, corporate culture, work/life balance and corporate benefits. If you are looking to improve employee satisfaction, productivity and retention;…
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The Biggest Employee Pension Plan Mistakes made by Business Owners

Offering an employee pension plan is a key components to any retention strategy. Whether you offer it to all employees or just executives, thinking that retirement funding is the sole responsibility of the employee is a short-sighted strategy. In the long-term, not having a comprehensive employee retirement package can result in higher turnover rates or…
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