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
Heart Healthy Culture
A recent article from "Word on Benefits" served to reinforce how important it is to align the benefit plan design with EXPECTED Safety and Productivity results if you want your business to thrive. 1 in 12 (2.6 million) Canadian adults age 20 and over live with...
Employee Benefit Education, “Just in Time” Part #2
Comprehensive, Consistent, Communication is key to how we offer benefits to clients and the end-users—the employees. Benefits Boosts Productivity When corporations take the time to align their business strategy, culture, and compensation with expectations on...
Employee Benefit Education, Part #1
Because we are in the business of benefits, we strive to constantly understand and educate the target end user—the employee. Whether staff are contributing to the benefit premium (via payroll deduction) or not, when corporations want to ensure the benefit program adds...
Consulting
Understanding the “J’ Curve in Benefits
There is a fascination with the “hockey-stick” notion of being innovative and implementing change in business. However, the economic notion of the “J curve” is more the reality and never more so than when implementing a benefit program for staff. The Hockey-Stick...
Comparing “mainstream” benefits to the “hour bank”
…A case study What is the hour bank? Primarily focused on the construction industry, the hour bank meets the needs of the seasonal and transient worker but allow coverage to be maintained during the in between times, layoffs, and the like. Loosely explained, an hour...
Administrative Services Only (ASO)
A benefit tool by many names. First things first, there is often confusion between what is insurance and what is not. Insurance is when the “risk” of claim—life insurance, disability, pharmacy, health care—is under contract with an insurance provider. Financial...
Benefits
Undeclared
… incomplete and inaccurate … lack of disclosure We’re not alone in stating that loss of a loved one is tragic, made all the more acute when due to a clerical error or undisclosed pertinent information, the expected insurance is no longer payable. Too often the...
Balancing Act
Whenever there is an employee group benefit program in place, corporate ownership and plan administration must always weight the pros and cons. Typically the cost of providing a benefit to the return on that investment. This runs into a bit of a looped narrative as...
REMINDERS on Disability in your Benefit Plan
Connecting communication strategies to business (benefit) objectives, recruitment, retention, safety, and productivity requirements are necessary to effectively drive the overall purpose of the organization. ...that's where there's “power” in conversation. The...
Compensation
There’s more to Employee Compensation than Salary
Let’s work together to build an organization that intentionally merits the gifts of creativity, passion, and initiative your employees bring with them every day. A well-designed employee group plan is the PROMISE kept from an employer to their employees. Employee...
The roll of the die
Perception in benefits can sometimes be compared to casting the die on the corporate gameboard of culture—compensation—wellness—balance. Juggling the multitude of employment, human rights and liability issues. Toss the die and land on the employee. Here you have the...
What do benefits really mean?
Well, certainly as a benefit broker (I do not work for an insurance carrier) I’m jaded when it comes to espousing the “value” of an employee benefit plan. Like many things in life, until you actually experience something, you can not understand the real worth. Group...
Culture
The gaps between
See a need—Fill a need—Create a need I’ve been fortunate to be a student | alumni of the Disney Institute for a number of years and have gain significantly from their curriculum, both in usable tools and practical application. This has made me an astute observer...
Who Pays? How Much?
The costs of not aligning benefits to productivity. EBN offered a webinar for post pandemic learnings—the silver lining take aways, where MP Benefits Inc. had the opportunity to share in conversation with Dr. Anthony Harris, MD MBA. With the world pivoting within...
When Culture gets Flushed Away
Okay, I have to share this, but if you are eating, don’t read on … I’ve had to get quite a bit of dental work done lately to replace decades-old fillings. Due to these experiences as a child, I am one of those patience with some anxiety prior to sitting in the...
Wellness
Mental Health & EAP
The tragedy behind having an employee assistance program for employees is when they either are not aware of the coverage due to lack of effective communication, or remain too tentative to access the coverage. More than ever, employers need to approach their benefit...
Words Matter
Some say the pandemic has created an evolutionary marker in time where all things before have transitioned into something new. Certainly, when it comes to human interactions and how we view communication, we can agree. Highlighted throughout the pandemic is the...
Employee Assistance Program (EAP)
Prior to March 2020, more than 30% of all disability claims in Canada were mental health-related. Even with such staggering figures, and despite EAP programs having been around for decades, employer’s response to implementing Employee Assistance Programs remained a...