Spring is Here and Supplying your team with Affordable Group Benefits is easier than ever!
If the last two years have taught us anything, it’s the importance of having the right team in place. Small businesses have always known the importance of having talented, passionate, and driven team members on their side. Team members are key to making sure that your business is growing, that your customers are happy and have been key players in navigating the instability of the last couple of years.The last two years have changed things for your team members and have forced them to deal with unexpected challenges. In general, a substantial portion of the Canadian population are dealing with risk factors for serious illness, with nearly half of Canadians reporting dealing with mental health challenges. The Canadian Centre for Addiction and Mental Health (CAMH) has found that mental health is now the leading cause of disability in the country and costs the Canadian economy upwards of $51 Billion dollars a year in absenteeism, presenteeism and absence from work. Similarly, a recent Manulife Health Report found that 15% of work hours are lost to absence and distraction as a result of mental health, physical health and financial health issues.All of these concerns have combined to leave Canadians feeling burnt out and looking for new ways to balance work with health and wellness. Benefits Canada has recently written about the challenge Canadians are having in the current work environment. They note that the top three reasons for employees to consider leaving are: feeling burnt out, a lack of flexibility in working hours and the inability to disconnect from the office.How Can I Stay Competitive and Ensure that My Team Is Taken Care of?Providing your team with simple, flexible, and affordable benefits to fit their needs is a great way to ensure that you remain competitive in the hiring market and can take care of your employees at the same time.While traditional benefits plans can be expensive and time consuming to set up, the BeniPlus simple 10 minutes set up is easy to customize to fit both yours and your team’s needs. Unlike traditional benefits plans we have no set-up fee, no premiums, and no co-pays. Plus, you never have to worry about annual costs going up.Our system means that the employer gets to decide the maximum coverage amount for each class of employees. The maximum cost you will ever have to pay is the combined employee maximums plus our 7.5% administration fee and taxes. There are no surprises, unexpected fees and you never pay for any unused benefits that your employees do not want or need.Employers also have the choice to determine what plan options they would like to offer their team. Beyond the mandatory Healthcare Spending Account (HSA), employers have the option of covering extended wellness expenses through a Wellness Spending Account (WSA), allowing employees to save for retirement with a RRSP, cover personal insurance premiums or even donate to charity.For more information about how a BeniPlus Group Benefits Wallet can help you and your team, get a quote today.Sincerely,Stephen DeKuyperCo-founder and President[gravityform id="16" title="true" description="true"]
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