Building “Best-in-Class” Benefits

Building “Best-in-Class” Benefits

An organization considered “Best-in-Class” is deemed such, not by themselves, although they obviously have this as their goal, they are only considered “Best-in-Class” if their peers within their industry deem them as such. When compared to YOUR strongest competitor,...
Building “Best-in-Class” 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...
Building “Best-in-Class” Benefits

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....
Building “Best-in-Class” Benefits

Mandatory verses Non-Mandatory Plans

…and the corporate policy There are a multitude of reasons why an employee group benefit plan SHOULD be set up as “mandatory” benefits. Mandatory means all hired, eligible, full-time employee, working more than 20-hours a week (unless the contract stipulates...
Building “Best-in-Class” Benefits

Disability Insurance

Does your benefits package align with YOUR business strategy, culture, and compensation. When expenses outweigh income potential If you are fortunate enough to be a member of an employer-sponsored group benefits plan, you are no doubt familiar with the extended health...