Group benefits are an investment in your company and employees’ well-being

As a small business owner, you rely on your employees to help build your business. You have a great team behind you, so how do you protect your employees and build employee satisfaction and loyalty?

Offering wellness programs may be one way to retain employees, but over the long term may not be seen as important. Giving your employees a pay increase is another option, but is it the most cost-effective compensation method?

Group benefits are an investment in your company and employees’ well-being.

Consider a group benefits plan – an attractive overall compensation package. Health care and dental care benefits within your plan can help your employees bridge the gap between provincial health insurance and the coverage theyGroup Benefits to Attract and Retain Employees need.

Group benefits are an investment in your company and employees’ well-being. At any time, employees may be dealing with mental health concerns, serious illnesses, and physical ailments or finding the right work-life balance. These issues can lead to reduced productivity, growing absenteeism, disability, rising costs, and workplace accidents. Group benefits are a key element to building employee satisfaction, improving morale and can help support the physical, mental and financial needs of your organization and your employees.

According to a 2015 Sanofi Canada Healthcare survey, 77 per cent of respondents say they would not move to a job that did not include health benefits1.

Attract valuable employees

An employee benefits plan can help you maintain a competitive position in the marketplace by helping you retain good employees and attract new ones.

A group benefits plan is an important part of your business’s financial security plan. Flexible and innovative benefits plans – featuring benefits like health care, dental care, disability and employee and family assistance plans – can be tailored to fit the specific needs of your company, whether it’s large or small.

Talk to me about the options available and how you can add value to your business.

Did You Know: Group Benefits Insurance Plans

As a business leader, you can ensure your valued employees have the needed protection for themselves and their families with a group benefits plan.

Did you know that these plans:Employee Benefits

  • Are available to companies with as few as 3 employees?
  • Cost about 3–6% of annual payroll?
  • Are fully tax-deductible?
  • Offer diverse coverage for your employees and their dependants?
  • Are able to pay an employee who is unable to work due to injury or illness?

Developing the right group benefits plan for your employees starts with the right advice. Don’t lose your best talent to the competition.

  • Develop a plan that is cost-effective and tailored to your specific needs
  • Look at the marketplace to ensure your plan is placed with the right provider
  • Conduct employee meetings to review the benefits provided
  • Enroll the group and set up administrative procedures
  • Service your group plan and all your business needs

Find out how I can help you grow your business by attracting and retaining the best. Give me a call 519-860-4223 to see how your business can benefit from group insurance.