The Canadian Payroll Association (CPA) recently polled nearly 4,000 payroll practitioners in Canada to determine the country’s top employee benefits. 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 Maintenance Plans and other Insurance Plans
- RRSP Contributions
Benefits Canada reports that each year over $901 billion in wages and taxable benefits are administered by Canada’s 1.5 million employers. If you provide employee benefits in your workplace or are considering adding a competitive benefits plan you will need to review each type of employee benefit for tax implications when reporting employee income. Read more here.
Do you know how to properly administer both taxable and non-taxable employee benefits in your workplace? Call one of Alberta’s most trusted employee benefits companies, Benefits Strategies Inc., at 1-780-437-5070 to speak with one of our benefit advisors.