MP Benefits Perspective
Since 2001, MP Benefits Inc. has operated as an independent group benefit consultant, specializing in designing strategic employee group benefit plans to align with the corporate, compensation, culture, and wellness policies of each corporation.
Productivity
The Three Keys to Strategic Benefit Planning
Seldom are you ever locked into one benefit approach or plan design. In fact, you can change up your benefit plan design at any point in the year. You need not wait for the renewal. Plan design is like fuel efficiency in a vehicle or home. How your benefits are...
Make your next hire an Olympian
To reach for gold on the Olympic platform requires consistent training to purposefully improve both physically and mentally. While this sporting feat is reserved for the elite few, achieving career success gold is a wide-open field. In the beginning, some may say, it...
Applying the Industrial Athlete concept to Benefits
Thanks to Dr. Anthony Harris for first introducing MP Benefits Inc. to the Industrial Athlete concept originally coined in the United States when the ergogenic theory of sports medicine was applied to manufacturing sectors to improve the health, safety, and ultimately...
Consulting
Table Stakes
Our value proposition is to align benefits to productivity for an effective return on investment. Too often, quality service, listening, responding to queries are tooted as a service promise or the “difference” on why a customer would work with a particular...
The $100 Hammer
Make no mistake, it is a balancing act for investment when it comes to innovation and productivity. Is new technology—artificial intelligence—the key to answering both of these issues or a means of complicating existing problems. Technology purchase Computer software...
Success in Transitioning
Like many, insurance is not my first career, nor do I anticipate it being my last. When I transitioned into insurance to be the best in class, I made it a point to align my skill set with other’s who would compliment what I do for clients. This is how I came to be...
Benefits
Reminders for Seniors on Benefits
Making up five per cent of the total labour force, Statistics Canada shows that nearly one million people employed are aged 65 or older. For those with access to the employee group plan through their employer, here are some reminders common to the policies. Disability...
Why employers and PC’s should not be covered under the Group LTD benefits
This may sound counter intuitive to placing employee group benefits, but it’s not. To my mind, disability is the most important aspect of an employee benefit plan. It is the protection of salary when a person cannot work. The critical theme is “employee” While...
Why Group Life Insurance Matters
…A case study While the sun shines For the sake of this outline, the employer will be called Company, the employee will be called Arthur, his spouse, Angela, and his daughter, Anne. Arthur is a professional in his field and accepted a position at Company in the fall....
Compensation
When we get to “why” are we forgetting the value of other questions?
I can pull a help wanted ad from just about anywhere geographically in Canada, doing any occupation and I am going to see the title “Benefits”. The salary is listed within a range and the benefits are normally listed in point form or use the terms like “competitive”...
Group LTD Reminders
Once we are no longer “dependent”, income is the foundation of the lifestyle not just for the “now” but for the future. That’s one of the main reasons we work—to provide for the things we need and want. (Personal fulfillment, engagement, etc. are the subjects of other...
How to GROW a Penny
We earn. We save. We plan. We live. We spend. Then we often ask, what happened to MY money? Despite the fact that Canada stopped minting the penny on May 4th, 2012, we do know, without a doubt, that you can’t get to a dollar without watching your pennies. AND every...
Culture
Between the financial lines
“Sell on price…lose on price” What does that really mean when it comes to a benefit plan? In all industries, there are always competitors out there willing to take on a new customer for a slashed costing. Undercutting the marketplace to gather new customers into the...
Performance Culture
According to experts in this field, a performance culture is one where the entirety of the organization shares a strong sense of purpose and alignment with core values. Productive and motivated members of the organization, at all levels from entry, to tenured, to...
WHOLE Person Benefits
An employee is typically defined as: “A person employed by a business in return for a wage/salary.” Does this mean that only what the person does on “paid” time impacts their performance on the job? Of course not. Just like an...
Wellness
Employee Mental Health Programs
This is a guest blog post from Benefits by Design (BBD) Inc. We're on a mission to help working Canadians promote and protect their health. wealth, and happiness, by delivering benefits by design. Employee mental health has been a hot topic since before the pandemic,...
The Principal of Honesty
Honesty is part of the human experience. We have an expectation that people will be truthful with one another in our dealings both personally and professionally. This virtue lends to a major component of our moral fiber. Not only does the practice of dishonesty erode...
Cancer Prevention: What can we do?
Cancer prevention is literally just “action taken to lower the risk of getting cancer.” This includes things like not consuming carcinogens, living a healthy lifestyle, and actively monitoring for cancer. Early detection being key to increasing the chances of...
