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On the heels of Insight, an informal reference guide to communicate with employees about benefits, this guide takes a deeper look at how and why Canadian businesses should establish a customized benefit plan.
Though often referenced as if it is single entity, employee group benefits is, in fact, a group of individual insurance products that are grouped together for a group of employees linked through common employment.
Like building a home, benefits form a foundation of insurance for the average Canadian employee and it's sometimes their only access to life and disability coverage not to mention reimbursement for expensive medications. In this guide, get the answers to questions such as:
Why should companies offer an employee group benefit plan?
What steps must employers take to select the right group benefit plan?
What benefits do employees and businesses receive when a group benefit plan is offered?
The author also explores why creating a total compensation package through a well-developed, custom-designed employee group benefits program might be the answer to control costly staff turnover.
Whether you're a business considering group employee benefits or someone selling insurance who wants to be more effective, you'll find Perspective a useful resource.
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