MP Benefits Perspective

There’s no going back. Where SARS and MERS were the harbingers of things to come, COVID has effectively changed us from this point forward. Recovery, for the most part, will never again entail “business as usual” because let’s not forget the economy wasn’t strong when...

What Do Benefits Look Like AFTER COVID-19

COVID-19 has certainly thrown us all into a state of uncertainty. MP Benefits continues to be unwavering in our commitment to our clients and your ultimate success through these turbulent times. No one has a crystal ball to accurately predict what the world of...

Insurance can be complicated…but it doesn’t have to be.

Critical screening questions: What is the process used to thoroughly assess the needs in combination with the wants? How does the proposed plan design compare with other companies in the same industry? How does the proposed plan work to attract, motivate, and retain...

Benefits

Hiring and Benefits, Ten Quick Questions

Every business owner will have their own reasons for wanting a benefit plan. It could be holistic to take care of employees, providing protection of health and wealth. It could be because there are specific needs which require coverage, or it could be as part of the...

How COVID-19 continues to drive health care costs

What is on the horizon for health care costs? While we are aware of the economic impact of the pandemic, it is also important to look to the future to see how the pandemic will continue to drive costs, especially on a company’s employee group benefit plan. According...

SHifT Highlights

In our effort of being consistently responsive to our clients, for more than a year, we’ve hosted the “Let’s talk about this SHifT” zoom cast where we have engaged in great conversations with experts from a diverse field of professions. Consulting We see our role as...

Compensation

The impact of reduced employee participation and the Renewal

For the last two years, employers have been left holding the bag, as it were, for employees no longer covered under a benefit plan. Though it is true, fewer employees on a benefit plan reduces the premium costs. But what about the impact of this reduction at renewal...

What Employees Expect

It is no secret, employee group benefit plans provide a substantial financial advantage to employees who benefit per their own workplace or via a spousal program. Though offering benefits is not legally required of employers, according to a 2016 Sun Life Financial...

Flexible Benefits

It is very difficult to a benefit plan to suit “everyone’s” needs as well as satisfy their wants. A plan that not only appeals to the employees but is within the right price index to meet the requirements of the employer AND be sustainable over the long term. Let’s...

Culture

The Post Pandemic Dopamine Rush

A lot is being written about getting people "back" to work, as though the actual labour and productivity in most cases ever stopped. Yes, some areas of the economy did have stoppage, but for the most part, we managed a work around. It seems though that the real...

What does the future hold for Employee Retention?

As we have circled the calendar of this pandemic, employee surveys suggest one in four Canadian professionals are considering a career change. Morneau Shepell’s Mental Health Index™ report shows a worsening of psychological health, an increase in employment...

Building Trust through Benefits

There is no “right” or “wrong” answers, but there is trust. Only the business owner and their human resource team knows their staff and the needs that “fit” within that organization structure. But when it comes to benefits, many overlook the essence of TRUST....