With the new year fast approaching, it is a great time to consider your company’s employee benefits needs. Benefits continue to some of the most popular hiring and retention tools for small businesses. A recent survey of small business workers has found that nearly 95% of employees consider employee benefits important. Moreover, nearly ¾ of small business workers who do not have benefits would leave their position for an employer that offers benefits.But benefits can be complicated for small businesses. With traditional benefits, there are premiums, minimum numbers of employees and increases in costs year-over-year. Similarly, traditional Healthcare Spending Accounts (HSAs) can be cumbersome and only provide a fraction of the benefits that employees actually want or need.That is why the BeniPlus Wallet is so different. Our proprietary system, you have the ultimate flexibility to:

1. Determine how much benefits you would like to offer and cap your costs. You determine how much benefits are offered to each category (or class as insurance brokers like to say) of employees. The maximum cost of your benefits plan for that year, is the added costs of each employees Wallet plus our 7.5% admin fee on approved claims and any applicable taxes. We have no premiums, set up fees or transaction fees. Plus, you only pay if your employee claims. If no claims are made, you pay nothing.
2. Determine which categories of benefits are offered. With a BeniPlus Wallet employers determine which categories of benefits are offered to employees from our 5 optional categories of Healthcare Spending Accounts (HSAs), Wellness Spending Accounts (WSA), Registered Retirement Savings Plans (RRSPs), Personal Insurance, and Charitable Giving.
3. Invest in the benefits your team wants. Unlike other plans, employees have the ability to customize their benefits coverage by dividing their benefits between their eligible benefits options. This means that employers only pay for benefits their team wants, making your employees happier, healthier and more productive.

For more information about the BeniPlus Wallet, get a quote today!Sincerely,Stephen DeKuyperCo-founder and President[gravityform id="16" title="true" description="true"]