Powering Compensation Strategies
Benefits are not a commodity.
They are built to pay claims, forming an integral part of the compensation. Allow us to bring the strategy for your benefit.
Mirroring both the compensation and corporate strategies, employee group benefit plans are an excellent way to compensate the needs of the talent in any organization by forming part of the overall business plan.
Developed to maintain healthy, productive workplaces, looking at the physical, financial, and emotional well-being of the employee coverage, the advantages of a custom-built plan include:
- Coverage as you design it
- Protection for employees and their families they couldn’t get on their own
- Providing the corporate competitive edge
- Tax-effective compensation
- Flexible
- Affordable
- Sustainable over the long term
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Eligibility
- Corporations with 2+ employees
- 100% participation, including employer
- Employees must be actively at work on a full-time basis (20+ hours per week, 52-weeks per year, including paid vacation)
- Waiting period for coverage are applicable, based on classification of employee
- Classifications, three or more per class, can be established for variations of coverage
Eligibility
In most plans, when offered, employee may not waive off:
- Life
- AD&D
- Dependent Life
- Short or Long Term Disability
- Critical Illness
Employees may waive coverage for Extended Health Care (including Pharmaceutical) and/or Dental benefits under certain circumstance, including:
- Preference for spousal coverage
- Coverage through social assistance
- Other employer coverage (severance, retirement, etc.)
- Armed forces, reserve forces coverage
- Indigenous | Treaty Plan
- Senior coverage under Provincial Government Program
- Union benefits
- Student coverage through University | College
- Deceased spouse coverage
Compensation Perspective
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