Are there benefit plans for seniors now that retirement is a thing of the past and more employees in Canada are working over the age of 65? Baby boomers in the workplace have a variety of reasons for continuing to work. For some, it is an economic necessity. For others, it is by choice. According to […]
This last month Benefits Canada asked the question, “Are massage therapy benefits for employee worthwhile?” The question comes up frequently as many benefits plan sponsors are being pressured to deal with rising drug costs and forced to find other places to reduce benefits costs. Is a massage therapy something that benefits plan sponsors can no […]
This week, Benefits Canada is asking “Is your vision care benefits coverage too low?” The online Canadian poll questioned if the common $200 vision care coverage included in most employee benefits plans is too low. Another recent survey performed by Sanofi found that employees have very low satisfaction with vision plan coverage when compared to […]
Have you ever wondered what is the best employee benefits by industry and how your package compares to employee benefits in other industry sectors? A recent study by Glassdoor (an employer rating website) looked at over 470,000 reviews on company websites for businesses that fall into 8 leading industries. The objective was to see how […]
One of the most frequently asked questions in regards to disability insurance in Canada is, “Do I really need to buy long term disability insurance?” There’s no way to know if or when an injury or health issue will occur that might prevent you from being able to work for an extended period of time. […]
You’ve probably heard about self health monitoring apps. Some health-related companies are now offering select groups of customers deeply discounted Apple Watches as rewards for adhering to long-term exercise plans. As of March 21, 2016, the scope and range of personal health care just changed once again. Apple recently announced CareKit, the next step in […]
The oil bust effect on benefits plans is a real cause for concern for employers. The decline of oil prices over these past few years has not only negatively impacted the Alberta economy but it has also had a detrimental impact on employee benefits according to Benefits Canada. This decline has made it difficult for HR […]
Could it be time to reassess your employee benefits plan design? In a Benefits Canada article written by Brian Lindenberg, we are presented with five compelling reasons for improving and/or designing employee benefits programs in your workplace. Your employee benefit plan risks are changing or have changed. The whole purpose of custom employee benefits plan design […]
The Canadian Payroll Association (CPA) polled nearly 4,000 payroll practitioners to determine the country’s top employee benefits in Canada. Do you offer any of these most popular employee benefits in your workplace? Health and Dental Insurance Group Life Insurance Training Expenses Vehicle Allowances Gifts and Awards Cellular Phone Service Counselling Services Disability-related Employment Benefits Income […]
For many small businesses, budgeting for employee benefits may seem like building your own Fabergé egg, representing money and resources that perhaps you feel could be better spent elsewhere. Instead of viewing it as an expense, if you consider employee benefits for staff retention and employee satisfaction then it can really be viewed as employer […]