Group Benefits
Group Insurance
We are all aware of how the job market has changed over the past half-century, with the average person now entering the workforce being employed by several different companies over their career, as opposed to the long-term security many enjoyed years ago. Couple this with the increased job mobility of employees, and the uncertainly about job stability felt by both employers and employees, and one can appreciate the difficulty in attracting and retaining skilled and reliable talent.
A comprehensive group insurance benefit plan can help in this regard, with employees feeling a greater level of security and increased loyalty to a company that offers such a package.
Benefits can include life, health and dental insurance for the member and their families, along with the option of short and long term disability for the members as well. Plans can be customized to meet the needs of your workforce and are available starting at 3 participants.
Group Savings Plans
Challenging economic times can be a major source of stress for your employees. If they're too focused on their own personal finances, they won't be able to devote all of their energy to achieving your business objectives.
One good way to set your employees' minds at ease about their financial future is to offer them a pension plan, but they'll need suitable investment choices and you need to ensure the sound governance of the plan.
Choose from a wide range accumulation plans:
- DCPP: Defined Contribution Pension Plan
- DPSP: Deferred Profit Sharing Plan
- Group RRSP: Registered Retirement Savings Plan
- Group TFSA: Tax-Free Savings Account
- IPP: Individual Pension Plan