5 Benefits of Working with an Employee Benefits Broker
Are you considering implementing an employee benefits plan in your workplace? Before starting to evaluate any employee benefits plan, here are 5 benefits of working with an Employee Benefits Broker at Benefit Strategies Inc.:
- Benefits brokers offer you a Comprehensive Evaluation
- There’s more flexibility in putting the Employee Benefits Plan together
- Benefits brokers have extensive industry awareness
- Brokers understand the best investment opportunities
- Employee benefits brokers provide sound, knowledgeable advice
You Get a Comprehensive Evaluation
Employee benefits brokers discuss your benefits needs without pre-determination. After evaluating your long and short-term goals, employee benefits brokers further examine your employee demographics, compare your benefits plan to other similarly-sized companies, consider the costs versus benefits of different plan designs, then provide you with an innovative solution that addresses your specific needs.
You Get the Best Flexible Plans
Employee benefits brokers have a distinct advantage over specific benefit carriers. Brokers can draw on a wider range of services from an extensive group of Canadian benefits providers. This allows your benefits broker to create a tailored employee benefits package, pooling from a variety of sources simultaneously. This approach allows us to blanket all of your particular considerations and broker a flexible plan that specifically meets your company’s needs.
You Benefit from a Broker’s Wide Industry Awareness
Because of their extensive industry knowledge of available benefits plans and plan carriers, registered employee benefits brokers can provide the most widespread and economically priced solutions for your company. Brokers also keep you up to date on any policy changes, as well as provincial and federal laws that may affect the coverage policies of your employee benefits plan.
Investment Understanding
Employee benefits brokers understand that benefit plans are an investment in your employees. Specifically tailored benefit plans can help ease the financial burden for those that need to use them, creating happier employees, which in turn, helps to increase productivity and employee motivation. Offering benefits also help make your business a more attractive place to work, enticing the best employees in your field of need.
You Benefit from Sound Advice
After appraising your needs, employee benefits brokers provide easy to understand explanations of the available benefit options and help you appreciate the value of each benefit so you can make an informed decision on a benefits plan that is right for you and your employees.
Benefit Strategies Inc., now has over three decades of service, providing group and employee benefits plans to companies across the western provinces and Canadian territories.
For more information on the benefits of working with an employee benefits broker, contact Employee Benefit Strategies Inc. today at 780-437-5070 or send us an email.
