INSIGHTS, TIPS, AND STRATEGIES FOR A THRIVING WORKPLACE.
Building Benefits - The Blog
Welcome to the blog, where we share expert advice, practical tips, and the latest trends in employee benefits and retirement planning.
Whether you’re looking to enhance your current programs or explore new strategies to support your team, you’ll find actionable insights and innovative ideas to help your business grow.
From compliance updates to workforce engagement strategies, we’re here to keep you informed and inspired.
Follow along for expert guidance to build better benefits and empower your workforce!
Enhancing Dental Care Accessibility: The Expansion of the Canadian Dental Care Plan
The Canadian Dental Care Plan expands accessibility to dental care, starting with children under 12. With a $13 billion investment over 5 years, it aims to cover individuals with disabilities, seniors, and all Canadians with a family income below $90,000 by 2025.
Setting Up Your Employee Benefits Program
Setting up an effective employee benefits program for building a competitive workforce, and we can help. We can guide you through the process and help you establish a comprehensive program that suits your needs and budget. From setting up a group benefits budget to selecting a provider and communicating the plan to your employees, we're here to assist you at every step. Contact us today to learn more about how we can help you create a successful group benefits program.
Understanding Target Loss Ratio and Your Group Benefits Plan
We'll answer these questions:
What is a target loss ratio?
Does my TLR impact my premiums when I renew my policy?
What should I do if I have concerns about my TLR?
Federal Budget 2023 Highlights
On March 28, 2023, the Federal Government released their 2032 budget. This article highlights the following financial measures:
Tax Tips You Need To Know Before Filing Your 2022 Taxes
It’ll be time to file your 2022 taxes soon, and you must take advantage of every tax credit and deduction you can! Our article covers the following:
Setting Up Your Employee Benefits Program – Five Essential Steps
Starting an employee benefits program from scratch can be a pretty daunting task! We've broken it down into the five essential steps you need to take:
Determine your budget.
Decide which benefits you'll include in your program.
Analyze the total compensation your company offers.
Look into working with a benefits company.
Finally, complete your benefits program setup and roll it out!
British Columbia 2023 Budget Highlights
On February 28, 2023, the B.C. Minister of Finance announced the 2023 budget. We have highlighted the most important financial measures you need to know:
How To Save On Group Insurance Costs
Costs are rising everywhere – including the cost of offering a group insurance plan. We've got five great tips to help you save on the cost of group insurance:
Reduce the overall cost of the group insurance plan.
Look at options for managing costs.
Consider alternatives to group insurance plans.
Shop around with different insurers.
Promote wellness
Retirement Planning for Business Owners
Retirement planning can be a complex process for us all, but if you are the owner of a small business it may can get even more complicated, due to the various factors and circumstances that you have to take into consideration. A common mistake made by small business owners is reinvesting extra money to grow their business, at the expense of putting it aside to save for their retirement.
Strategies for Attracting and Retaining Top Talent
As the world reopens, businesses are seeking to hire new employees. But, first, companies must provide a positive work environment that prioritizes respect and appreciation for its workers to attract top talent and retain current staff. Read to learn more
2023 Financial Calendar
Welcome to our 2023 financial calendar! This calendar is designed to help you keep track of important financial dates and deadlines, such as tax filing and government benefit distribution. You can bookmark this page for easy reference or add these dates to your personal calendar to ensure you don't miss any important financial obligations.
The Benefits of Working With An Employee Benefits Specialist
We'll explain how an employee benefits specialist differs from a generalist and why working with an employee benefits specialist is so important.
Why provide an employee benefits plan?
Business owners are increasingly recognizing the key importance of implementing employee benefit plans in their organization
Group Insurance vs Individual Life Insurance
While it’s great to have group coverage from your employer or association, in most cases, people don’t understand the that there are important differences when it comes to group life insurance vs. self owned life insurance.